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On the morning of May 16, the 2022 second quarter major projects in Zibo City will be started at the site of the 1.
08 million tons/year PA66 project of Shandong Longhua Polymer Materials Co.
, Ltd.
, Gaoqing County Chemical Industrial Park
.
The 1.
08 million tons/year PA66 project of Shandong Longhua Polymer Materials Co.
, Ltd.
officially started
.
According to the company's investment announcement, the project is located in Gaoqing Chemical Industrial Park, with a total investment of 7.
3 billion yuan, covering an area of more than 1,800 mu, with an annual output of 1.
08 million tons of nylon 66
.
Among them, the first phase invested 2 billion yuan, with an annual output of 160,000 tons of nylon 66, and purchased equipment such as salt tanks, concentration tanks, reactors, post-polymerizers, etc.
; 600,000 tons/year production equipment and supporting facilities
.
The construction period of the project is 6 years.
It is planned to start construction in June 2022 and is expected to be completed in June 2028
.
After the project is completed and put into operation, the annual operating income will be about 24.
84 billion yuan, and the average annual profit will be 2.
251 billion yuan
.
3 billion yuan, covering an area of more than 1,800 mu, with an annual output of 1.
08 million tons of nylon 66
.
Among them, the first phase invested 2 billion yuan, with an annual output of 160,000 tons of nylon 66, and purchased equipment such as salt tanks, concentration tanks, reactors, post-polymerizers, etc.
; 600,000 tons/year production equipment and supporting facilities
.
The construction period of the project is 6 years.
It is planned to start construction in June 2022 and is expected to be completed in June 2028
.
After the project is completed and put into operation, the annual operating income will be about 24.
84 billion yuan, and the average annual profit will be 2.
251 billion yuan
.
Longhua New Materials said that the project adopts a continuous polymerization production process, and the single-line production capacity is in a leading position in the world; the company and Tianchen Qixiang New Materials Co.
, Ltd.
are strategic partners, and the production of nylon 66 using hexamethylene diamine produced by it is an important Downstream chain enterprises
.
This project will give full play to the company's long-term technical accumulation in the field of new chemical materials and diversified development in the field of new materials, which is conducive to enhancing the company's profitability, anti-risk ability and comprehensive competitiveness, and is in line with the company's long-term development strategy in the field of new materials.
In the interests of the company and all shareholders
.
Nylon 66 has good mechanical, wear-resistant, heat-resistant, oil-resistant and other comprehensive properties.
It is currently the largest and most widely used engineering plastic in the world, ranking first among the five general-purpose plastics
.
, Ltd.
are strategic partners, and the production of nylon 66 using hexamethylene diamine produced by it is an important Downstream chain enterprises
.
This project will give full play to the company's long-term technical accumulation in the field of new chemical materials and diversified development in the field of new materials, which is conducive to enhancing the company's profitability, anti-risk ability and comprehensive competitiveness, and is in line with the company's long-term development strategy in the field of new materials.
In the interests of the company and all shareholders
.
Nylon 66 has good mechanical, wear-resistant, heat-resistant, oil-resistant and other comprehensive properties.
It is currently the largest and most widely used engineering plastic in the world, ranking first among the five general-purpose plastics
.
