At present, with the acceleration of the localization of adiponitrile, many companies have entered the nylon 66 industry. Up to now, the domestic production capacity of PA66 planned and under construction has exceeded 3 million tons. Now the 108-ton/year PA66 project launched by Longhua New Materials can be said to be the largest PA66 project in China. If the project is successfully put into operation, it will further promote my country's nylon 66 The development of the industry.

On April 11, Longhua New Materials announced that Shandong Longhua Polymer Materials Co., Ltd., a wholly-owned subsidiary of the company, recently obtained the project record issued by the Gaoqing County Administrative Examination and Approval Service Bureau. Shandong Longhua Polymer Materials Co., Ltd. plans to build a 108-ton/year PA66 project with a total investment of 7.3 billion yuan.

The project is located in Gaoqing County Chemical Industrial Park, covering an area of more than 1,800 mu, with a planned construction area of about 875,000 square meters. After the project is put into production, it is expected to form an annual production capacity of 1.08 million tons of PA66 products. The project is constructed in three phases. The first phase builds a 160,000-ton/year production facility, office building, R&D center, logistics service center, exhibition hall, control room, public auxiliary projects and supporting facilities; the second phase builds a 320,000-ton/year production unit and Supporting measures; construction of a 600,000-ton/year production plant and supporting facilities in the third phase. The project is scheduled to start in 2022 and be completed in 2028. The source of funds is self-owned or self-raised funds. If the source of funds needs to be changed in the future, the corresponding approval procedures must be performed according to regulations.

The company said that this project will give full play to the company's long-term technical accumulation in the field of new chemical materials and diversified development in the field of new materials, which is conducive to enhancing the company's profitability, anti-risk ability and comprehensive competitiveness, and is in line with the company's long-term development in the field of new materials. Strategic planning is in the interests of the company and all shareholders.

According to public information, the company is mainly engaged in the research and development, production and sales of polyether polyol series products, and is a professional large-scale production enterprise of polyether series products in China. The company's products cover two types of products: polyether for flexible foam and polyether for CASE, especially POP products have a high reputation in the polyether industry. The company has strong R&D and innovation capabilities, and has independent intellectual property rights in polyether products and key technologies of production processes, and has formed a high reputation and reputation in the industry