On Dec 5th 2019, an inauguration ceremony was held in Longqiao Industrial Park, Lujiang County of Anhui Province, for Zhejiang TongKun Holding Group and Shanghai Bao Steel Gas Co Ltd jointly invested 1,2Mt/a ethylene glycol (EG) project along with the syngas supply unit.
The project is of CNY11.4bn capital, to be built on a site of 1750mu area in total, consisting of Bao Steel Gas invested syngas unit of 2.9bnNm3/a capacity, and TongKun Holding invested 1.2Mt/a syngas to EG project. Main part of the project is scheduled to start up in H1 2022.
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