On June 2nd, China Chemical Engineering Group Corporation and the People's Government of Hebi City signed a strategic cooperation agreement in Beijing and agreed to cooperate in the development of a coal-to-ethylene glycol project. Vice Governor Shi Jichun, Party Secretary of the China Chemical Engineering Corporation and General Manager Jin Kanning attended the signing ceremony. Ethylene glycol is an important chemical raw material, commonly known as glycol, whose main purpose is to make polyester resin and antifreeze. The self-sufficiency rate of ethylene glycol in China is very low, and the degree of import dependence has remained above 70%. According to data from the General Administration of Customs of China, China imported 6.84 million tons of ethylene glycol in 2010. It is expected that the import volume in 2011 will exceed 7 million tons. China National Chemical Engineering Corporation maintains its leading position in the domestic process technology, engineering technology, and project management technologies for coal glycol, and this cooperation will effectively promote the development of low-carbon economy and coal chemical industry in Henan Province, and will surely produce Major economic and social benefits. In the agreement, China National Chemical Engineering Corporation promised to use Heshan Baoshan Industrial Agglomeration as the group's new technology test base and transformation and promotion base for scientific and technological achievements, and give full support to project construction in terms of technology, capital, management, etc., and encourage support for subordinate enterprises. Accelerate research and development of ethylene glycol downstream and supporting products, lengthen the industrial chain, and form industrial agglomeration. Self Drilling Screws, Confirmat Screws, Allen Head Self Tapping Screws Ningbo Brightfast Machinery Industry Trade Co.,Ltd , https://www.brightfastener.com