Shenma shares: guarantee 300 million yuan for subsidiaries to speed up the construction of 130,000 tons/year bisphenol A project

Shenma shares announced on the evening of April 23 that, in order to ensure that the holding subsidiary Polycarbon Materials Co.

The 2020 annual report shows that Shenma’s main business is nylon chemical and chemical fiber weaving, accounting for 47.

Profile of Polycarbonate

Henan Pingmei Shenma Polycarbon Material Co.

The business scope of Polycarbonate includes the production and sales of oxygen, nitrogen, and brine; the production and sales of polycarbonate (PC) flakes, chips, and general chemicals for polycarbonate modified materials.

130,000 tons/year bisphenol A project

The project is located in the Yexian Industrial Cluster Area, Pingdingshan City, part of the 400,000-ton/year PC device project, covering an area of ​​about 300 acres.

At present, the polycarbonate 100,000-ton polycarbonate project in this project has completed more than 70% of the process equipment.

Bisphenol A is the main raw material for the production of polycarbonate and epoxy resin.