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On January 21, Xinfengming Group Co.
, Ltd.
issued an announcement that the company and the Jiangsu Xinyi Economic Development Zone Management Committee signed the "Investment and Construction of 2.
7 million tons of polyester new material integration project investment agreement"
.
According to the announcement, the project plans to adopt international advanced large-capacity and flexible polymerization technology to build 9 sets of polymerization units, melt direct spinning (straight-stretched film) production lines, public works supporting facilities, 500 texturing machines, and 10,000 looms.
, supporting the downstream dyeing and finishing and public thermal energy center, using purified terephthalic acid (PTA) and ethylene glycol (MEG) as the main raw materials, in order to form an annual output of 2.
7 million tons of polyester (filament, staple fiber, film, chip etc.
) production capacity
.
According to the announcement, the project will cover an area of about 3,650 mu and the investment amount will be 18 billion yuan
.
Xin Fengming said that China's civilian polyester filament belongs to a fully competitive industry.
In order to enhance the stability of operation and obtain cost advantages, and improve the flexibility and anti-risk ability of enterprise development, the company has once again developed new production after "one continent and two lakes".
Base, strengthen regional layout, expand production scale, introduce advanced production equipment, improve production intelligence, and optimize enterprise product structure
.
