Ili, Xinjiang – Chinese diisocyanate maker Heshan Juli Chemical plans to build 400kT/year MDI capacity at its existing site in Ili Kazakh Autonomous Prefecture, Xinjiang.
The project started the public survey phase of its environmental impact assessment this April.
Heshan Juli plans to pump CNY 4.7bn ($684 m) into the project. This is designed to use coal-water slurry as a starting material for production, said the environmental impact report.
May 2020 should be when the new plant comes on stream with 500 new jobs, too. It should generate CNY1.4bn/year net profit on CNY 4.8bn revenue, according to the company.
Set up in 2010, Heshan Juli is a fully-owned subsidiary of Yantai, Shandong-based Juli Chemistry. Juli is know as a TDI maker.
In addition, Heshan Juli also has a 150kT/year TDI project in the pipeline at the same site. Updated waste emission standards have hit the TDI project, which started in 2015.
Waste treatment facilities at the TDI pant will be upgraded along with the new MDI project, said the report.