As the first SEG transfer project with natural gas as raw material , HighChem collaborated with customers as a shareholder. Tianying Petrochemical Co., Ltd. (Xinjiang Production and Construction Corps) signed a SEG Technology License Contract with HighChem for a 300,000 ton/yr ethylene glycol project (Phase I: 150,000 tons/year).
Beijing Booming HighChem Technology Co., Ltd., a subsidiary of HighChem group, was responsible for SEG technology licensing, catalyst supply, and quality assurance.
Tianying Project was formally signed in May 2015.
The construction of the 300,000 ton/yr ethylene glycol project (150,000 tons per year of phase I by the Tianying Company) officially started in April 2016 and is expected to go into operation in May 2018. The project is located in Industry Park II, Ale City Economic and Technological Development Zone, Division 1, Xinjiang Production and Construction Corps.
Tianying Petrochemical Co., Ltd., of Xinjiang Production and Construction Corps was established in April 2014 with registered capital of 600 million yuan, whose scope of business covers investment projects in natural gas, petrochemical and coal chemical industry.