Ningbo Kingfa New Materials Ningbo Complex is an upcoming petrochemical complex located in Zhejiang, China. The complex is expected to commence commercial operations in 2026 and is likely to have an annual petrochemical capacity of 2.4mtpa. The plants in this complex are operated by Ningbo Haiyue New Materials.
Details of key upcoming projects in Ningbo Kingfa New Materials Ningbo Complex
The complex is set to add capacity with upcoming plants including Ningbo Kingfa New Materials Ningbo Polypropylene 1 (0.8mtpa), Ningbo Kingfa New Materials Ningbo Polypropylene 2 (0.4mtpa), Ningbo Kingfa New Materials Ningbo Propylene Plant 1 (0.6mtpa), and Ningbo Kingfa New Materials Ningbo Propylene Plant 2 (0.6mtpa).
The technology and operator details for upcoming plants are as follows:| Plant Name | Operator | Technology |
|---|---|---|
| Ningbo Kingfa New Materials Ningbo Polypropylene 1 | Ningbo Haiyue New Materials | |
| Ningbo Kingfa New Materials Ningbo Polypropylene 2 | Ningbo Haiyue New Materials | |
| Ningbo Kingfa New Materials Ningbo Propylene Plant 1 | Ningbo Haiyue New Materials | Lummus Propylene Technology |
| Ningbo Kingfa New Materials Ningbo Propylene Plant 2 | Ningbo Haiyue New Materials | Lummus Propylene Technology |
Key Products Capacity – Ningbo Kingfa New Materials Ningbo Complex, 2021-2030
The complex is expected to produce key products such as polypropylene, and propylene.
Polypropylene and propylene account for major capacity share i.e., 50% of the total annual capacity of the complex with 1.2mtpa each.
Methodology
Information on the petrochemical complexes/plants is sourced from GlobalData’s oil & gas petrochemicals plants database that provides detailed information on all active and upcoming, petrochemical plants globally. Not all companies mentioned in the article may be currently existing due to their merger or acquisition or business closure.