900kt/a PDH Project at GPRO Group Settled in Nanjing

According to sources, GPRO Investment Holding Group invested a total of 10 billion RMB in PDH-based polyurethane (PU) key feedstock green environmental protection industrial base project settled in Nanjing Jiangbei New District New Material Technology Industrial Park.

According to SCI’s statistics, China’s PDH capacity is about 5,135kt/a, and the demand for propane is about 4,850kt when the overall operating rate reaches 80%. Besides, all of the feedstock is imported propane.

The PDH project at GPRO Investment Holding Group will further lift the domestic PDH capacity, and the import volume of propane will continue to rise. In the long term, there still will be many newly added PDH units being put into operation in China. Therefore, SCI reckons that the import dependence degree of propane will continue to grow.