On January 10, 2022, the company signed a heat exchanger contract with Meide Petrochemical for the annual production of 900000 tons of propane dehydrogenation to propylene project, with a contract amount of 35.9 million yuan. The heat exchanger material is 09MnNiDR and S30403, with a maximum diameter of 3.6 meters and a single weight of nearly 150 tons.

Fujian Meide Petrochemical Co., Ltd. is a subsidiary of China Soft Packaging Group and the world's largest producer of biaxially oriented polypropylene film (BOPP). The project is located in the western port industrial zone of Jiangyin Port City Economic Zone in Fuzhou. A 900000 ton/year propane dehydrogenation to propylene plant is proposed, with a total investment of 4.56 billion yuan. The project adopts the Catofin process of Lummus Company.