Hebei Zhonghao New Material 100000 Tons/Year Polyether Polyol Project Enters EIA Approval with a Total Investment of 0.315 billion Yuan

On May 6, 2026, the website of the People's Government of Ningjin County, Hebei Province, China released the ''Hebei Zhonghao New Material Technology Co., Ltd. 50000 tons/year polyether polyol, 50000 tons/year combined polyether polyol project environmental impact report "Announced before approval", marking that the project has officially entered the EIA approval process. The nature of the project is newly built. The construction site is located in the Salt Chemical Industry Park of Ningjin Economic Development Zone, Xingtai City, Hebei Province, China. The construction period is 12 months and the total investment is 0.315 billion yuan.

Project scale and product layout

the project adopts a two-line parallel structure, polyether polyol and combined polyether polyol production capacity of 50000 tons/year, a total of 100000 tons/year. The positioning of the two types of products is distinguished: polyether polyol is a standard intermediate, and the combination of polyether polyol is a deep-processed product with catalysts, foaming agents and other additives on this basis, which can be directly used by downstream polyurethane foam manufacturers, with higher added value. The synchronous layout of the combination polyether reflects the strategic intention of the enterprise to extend downstream and lock in the end customer, which helps to improve the bargaining power and reduce the dependence on the single intermediate market.

The main production facilities include polyether and combined polyether production workshop, filling workshop, Class A storage tank area, etc., with a total construction area of 12,079 ㎡, covering an area of about 95 mu. The core equipment covers reaction kettle, mixing kettle, condenser, filter, etc. The labor capacity is 60 people, and the continuous production mode of four shifts and three operations is adopted. The annual operation is 300 days/7200 hours, and the device is close to full capacity operation, which reflects that the enterprise attaches great importance to the utilization rate of production capacity.

Located in Ningjin County Salt Chemical Industry Park, it can rely on the park's supporting raw materials, public works and logistics resources to reduce comprehensive operating costs. It is one of the important chemical industry clusters in North China.

Key points of concern for industry practitioners

the comprehensive production capacity of 100000 tons/year belongs to the upper-middle level in China. If the project progresses smoothly, it will have a certain impact on the supply pattern of polyether polyols in North China. Polyether polyol is the core intermediate of polyurethane (PU) industry chain, which is widely used in flexible/rigid foam, coatings, adhesives, elastomers and other fields, with a wide range of downstream demand and high market sensitivity.

From the time point of view, the construction period of the project is 12 months. If the EIA is approved and started in the near future, it is expected that substantial production capacity will be formed as soon as the first half of 2027. At that time, the supply and demand relationship in North China will be disturbed to some extent, and relevant traders need to pay attention to the changes in regional price trends in advance; downstream polyurethane processing enterprises can include them in the evaluation of alternative suppliers; supply chain practitioners can pay attention to the maturity of the logistics support and raw material procurement system in the park.

The progress of EIA approval and the pace of follow-up starts are worth tracking continuously.