Up to now, Jilin Petrochemical Company's 400,000 tons ABS Phase II project requires 337 sets of imported key equipment and has arrived 335 sets/set, which better meets the construction needs. The remaining 2 sets of equipment have also been shipped and it is expected that they will be fully available by mid-June.

Jilin Petrochemical's 337 Taiwan/sets of imported equipment have all achieved direct procurement. Through a number of foreign manufacturers participating in the bid, only 4 automatic pelletizer systems, 2 sets of SAN vacuum systems, and 258 valves were purchased, reducing procurement costs. Ten thousand U.S. dollars.

The ABS project of the first phase of the 400,000-ton/year ABS project introduced South Korean technology and was put into production in October last year. The second-phase ABS general-purpose material project uses PetroChina's own technology. The current equipment installation completion rate is 37%. It is expected to be completed in September this year.

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