Henghe’s C5 and C9 New Materials Project Settles Down in TEDA

Recently, a cooperation agreement has been signed between TEDA Administrative Commission and Henghe Group, and the project of Henghe C5 and C9 comprehensive utilization of new materials will be constructed in Nangang Industrial Zone of TEDA. The project, with a total investment of about 5.1 billion yuan, is a joint venture between Henghe Group and SINOPEC. The project will build a R&D center for the comprehensive utilization of C5 and C9, as well as 10 separation units with a capability of 250,000 tons/year of C5 and 350,000 tons/year of C9. Among them, four units use a complete set of technology that is unique globally in the field petroleum resins. The project is expected to be completed and put into operation in 2025. At that time, the project will produce a variety of new material products represented by special resins with C5 and C9 provided by Sinopec Nangang Ethylene, further extending the downstream new material industry chain of ethylene in Tianjin.

As a wholly-owned subsidiary of Henghe Group, Henghe Materials & Science Technology Co., Ltd. is the most-complete-in-variaty, largest-in-scale and best-quality producer of C5&C9 petroleum resin in China. The company holds the core technology and independent R&D capability of the whole industry chain of C5-C9 petroleum resin, and has developed more than 20 complete sets of technology independently.