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Meirui New Materials issued an announcement that in order to further promote the layout of the new polyurethane material industry chain, the company plans to invest in the construction of a "polyurethane new material industrial park" (referred to as "project" or "the project"), the project will mainly produce new polyurethane materials , develop upstream and downstream, and finally form a new polyurethane material production base of the whole industry chain
.
In order to promote the construction of the project and achieve win-win development through cooperation, the company intends to sign a strategic cooperation agreement with Henan Energy Chemical Group Co.
, Ltd.
Co.
, Ltd.
(referred to as "Hebi Coal Chemical Industry"), the holding platform Qingdao Ruihua Investment Partnership (Limited Partnership) (tentative name, referred to as "Ruihua"), a shareholding platform established by the core management and technical personnel of the project, jointly invested and established Meirui Technology Co.
, Ltd.
(tentative name, referred to as "Meirui Technology") as the project operating company
.
It is reported that by investing in the construction of the polyurethane new material industrial park project, the company will extend to the upstream of the polyurethane industry chain.
By developing upstream products, on the one hand, it can realize the self-supply of special TPU core raw materials, thereby reducing production costs, which is conducive to the further development of special TPU products and market promotion; on the other hand, the company's product line has been extended.
The upstream products to be developed and produced by the project are also widely used in other fields other than TPU.
Such upstream products have a high technical threshold and strong profitability.
The company brings new profit growth points
.