Markor Chemical (MarkorChem) takes advantage of the rich natural gas and coal resources in Xinjiang, and sets fine chemicals as the key for its new industry development. The planned area for Markor Chemical Industrial Park is 2.87 million square meters, and the project will be carried out in three phases.The first phase includes an acetylene island operated by Wei Mei Chemicals, a 50%-50% joint venture with Sinopec (China Petroleum & Chemical Corporation), and a 1,4-butanediol project with an annual production capacity of 60,000 tons by MarkorChem encompassing 6 facilities, which are cogeneration, acetylene, methanol, formaldehyde, BDO and THF. Introducing know-how from America and Sweden, with natural gas as the raw material, and adopting internationally advanced processing technique, the project enjoys such advantages as low cost with higher energy utilization, efficiency and competitiveness.
The first phase of the project has been put into production in May, 2008. The second phase, with an annual production capacity of 100,000 tons was started in 2010, and will be put into operation in 2013. As of now, project’s initial works including feasibility studying, resource research, project approval, environmental assessment, basic engineering design and EPC management has been accomplished. Phase II project will enable MarkorChem to generate an annual output of 160,000 ton 1,4-butanediol to market place and therefore become the largest and most competitive supplier of 1,4-butanediol.
The 1,4-butanediol produced by MarkorChem is a key intermediates for textile products, auto fittings, medicine, cosmetics and appliances with a broad market prospects. With the abundant natural resources in Xinjiang, and deepening domestic and international strategic cooperation, MarkorChem will gradually build up a green fine chemical industry cluster with diversified products, high performance and high added value.
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