Sinopec established a carbon fiber company

On June 1 , Shanghai Jinshan Petrochemical Carbon Fiber Co.
, Ltd.
was established.
The legal representative is Huang Xiangyu with a registered capital of 1 billion yuan.
The business scope includes: manufacturing and sales of raw silk and 48K large tow carbon fiber; carbon fiber recycling technology research and development; carbon fiber and composite materials sales
.

The company's equity penetration shows that the company is 100% controlled by Shanghai Petrochemical ( 600688 ) .

On June 1 , Shanghai Jinshan Petrochemical Carbon Fiber Co.
, Ltd.

It is reported that Chinese-owned Sinopec Shanghai Petrochemical has incorporated a wholly-owned Shanghai Jinshan Petrochemical carbon fiber limited liability company

Carbon fiber technology has strict technical barriers.

As of 2020 , the Shanghai Petrochemical total of carbon fiber related patents 165 Xiang

It is understood that China's domestic carbon fibers per bundle basically at 0.
1 ten thousand Dao 1.
2 among ten thousand, called small-tow carbon fibers, carbon fibers per bundle root greater than 4.
8 ten thousand ( referred to as 48K) is called a large tow carbon fiber
.
The 48K large tow carbon fiber developed and trial-produced by Shanghai Petrochemical has excellent mechanical properties.
It is a high-strength new fiber material with a carbon content of more than 95% .
It is called " black gold " and can be widely used in aircraft components and rail transit.
High-end manufacturing fields such as raw materials and car bodies
.