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Qicai Chemical plans to invest 5 billion to 6 billion yuan to build high-end new chemical materials and monomer projects

 Last Update: 2022-03-05
 Source: Internet
 Author: User

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Qicai Chemical issued an announcement on February 8.
The company signed the "Contract for Entering the Park of Qicai Chemical Investment Project" with the People's Government of Yutai County, relying on the newly registered Shandong Gengcai New Material Technology Co.
, Ltd.
and Anshan Qicai Chemical Co.
, Ltd.
in Yutai Park.
The holding company, Jining Jintai Lihua Chemical Technology Co.
, Ltd.
, is the main body of investment and construction for the project
.

The project is constructed in three phases, and the completion time for all construction is 8-10 years
.
The main products include intermediates and monomers of materials, new materials such as special nylon and special polyurethane, and high-end fine chemicals.

The planned output of the products is 524,000 tons/year, and the sales revenue can be realized at 20 billion yuan/year when all of them are reached

The project is constructed in three phases, and the completion time for all construction is 8-10 years

The first phase of the project has an investment of 1.

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