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On April 28, 2021, Huitong New Materials Co.
, Ltd.
(hereinafter referred to as "Huitong Shares") and Anhui Wuhu Sanshan Economic Development Zone Management Committee, Hefei Langrun Asset Management Co.
, Ltd.
(hereinafter referred to as "Langrun Asset Management") The signing ceremony of the "350,000-ton per year polylactic acid project" was held at Huitong.
Ningbo, deputy secretary of the Wuhu Municipal Party Committee and executive vice mayor, Xiaolin, chairman of Langrun Asset Management, and Li Jianyi, chairman of Huitong, attended the signing ceremony
.
The total investment of the project is 8.
6 billion yuan, and the total planned land is 1,800 mu
.
Ningbo, deputy secretary of the Wuhu Municipal Party Committee, pointed out that Wuhu has a solid industrial foundation, outstanding innovation capabilities, and advantageous location conditions
.
Xiao Lin, chairman of Langrun Asset Management, said that the upstream raw materials of this project are from nature and are renewable resources; they can be degraded into carbon dioxide and water after use, which can greatly reduce "white pollution"; at the same time, the carbon emission of polylactic acid in the whole life cycle is only It is about 40% of the traditional petrochemical materials, and the emission reduction effect is obvious, which is in line with the national "carbon neutrality" strategy
.
Li Jianyi, chairman of Huitong Co.
, Ltd.
, said that Wuhu was the place where the project finally landed hand in hand
.
As one of the important core cities in the middle and lower reaches of the Yangtze River, Wuhu has an advantageous geographical location.
In recent years, Wuhu has achieved rapid development in urban construction, economic development and strategic industrial layout.
All these make the company full of expectations for the development prospects of the project in Wuhu.
.
As one of the leading companies in the domestic modified materials industry, Huitong has always had a strategic plan for the upstream layout of the industrial chain.
The polylactic acid project is highly matched with the company's strategic planning direction, and it also complies with the national "carbon neutrality" and green environmental protection.
strategy
.
Today's signing marks that the polylactic acid project has truly entered the stage of implementation.
With the strong support of leaders at all levels in Wuhu and the joint efforts of all members of the project, we firmly believe that the biomaterial industry will be bigger and stronger
.
After years of development, Huitong Co.
, Ltd.
has owned a variety of product platforms for polyolefin series, polystyrene series, engineering plastics and other series.
As a kind of bio-based degradable materials, polylactic acid is one of the upstream raw materials of the company's existing products.
, which is synergistic with the company's main business
.
Through this project investment, it is beneficial to realize the company's layout of the upstream industry chain and enhance the company's core competitiveness
.
