Runtai re-expansion of production New 90,000 tons of film-forming additives project approved

recently, Runtai Taixing expanded production of 200,000 tons of water-based environmental protection coating additives and solvent construction projects approved by the development zone, the project includes an annual output of 110,000 tons of water-based paint additives and an annual output of 90,000 tons of environmentally friendly high boiling point solvent productsThe construction of the new project has further increased the production capacity to achieve a total capacity of 360,000 tons, while further optimizing the company's product structurethe estimated total investment of 1.06 billion yuan (about 150 million U.Sdollars) in the new project, Runtai Taixing will be in equipment automation, safety monitoring, environmental protection, energy conservation and consumption reduction and other aspects of upgrade managementat present, the new project Environmental Assessment, safety assessment, energy assessment, industrial and commercial registration, tax registration, equipment imports and other related construction permits have been steadily advanced in the planAnd by the chairman Zhang Shiyuan personally set up a professional team, speed up the relevant procedures in the early stage, and strive to play an early economic and social benefitsRuntai Chemical has been committed to the production, research and development of water-based coating film additives, for many years of continuous and stable operation, significant benefitsIn recent years around the five-year plan of one of the stable central (water-based coating film additives), sudden wings (water-based environmental protection solvents, environmental plasticizers) operating growth, with environmental protection coating additives, solvent trends of the emerging demand, in order to seek the next stage of growth opportunities, further deep-cultivation environmental-friendly water-based paint additives industry developmentClosely observe market dynamics and supply and demand, with a steady pace to examine the production capacity configuration, with abundant production capacity to meet customer needs at home and abroad, the completion of the new project of Runtai Taixing, will greatly enhance the production capacity of enterprises, to stimulate local investment, promote sustainable development of the industry, accelerate the upgrading of the company's industry, enhance the development space of enterprises, promote local economic development has an important milestone