On May 17, 2018, Eversun Holding Group and American Ethane Company signed a cooperation agreement about the 1,500kt/a ethane-to-ethylene project at Putian Shimen’ao Chemical Industrial Park. According to sources, this project will be put into operation in 2020. In November 2017, American Ethane Company and Nanshan Group conducted the first ethane cooperation project. Later, American Ethane Company signed cooperation agreements with Yangmei Group Qingdao Hengyuan Chemical and Ganergy Heavy Industry Group (GNG).