Jilin, Jilin – Juyuan Chemical Industry’s 400kT/year polyol plant has been delayed to 2015, according to sources close to the project.
Juyuan is part of privately held Shenhua Group.
The project, originally scheduled to start by the end of 2014, is currently still in the civil engineering stage and is expected to open in late 2015, according to Shenhua Group.
The project has RMB1.2bn ($195m) investment and takes up 130,000 m² total area in Jilin Chemical Industry Circular Economy Pilot Park.
In April 2013 Juyuan signed a contract with Spain’s Repsol to license Spanish technology for the project, including that for polyether polyols and grafted polyether.
XE Currency Conversion: 17 October, 2014