On April 11, at the 2023 Petrochemical Industry Development Conference hosted by the China Petroleum and Chemical Industry Federation, the high-melt finger hot-melt adhesive EVA product independently developed by Sailborne Petrochemical under Shenghong was awarded the "2022 New Chemical Material Innovation Product ". This is the second consecutive year that Sailborne Petrochemical has won this award after the photovoltaic grade EVA in 2021.
Hot melt adhesive, also known as hot melt adhesive material, is a kind of meltable adhesive. According to statistics from the China Adhesives and Adhesive Tape Industry Association, by 2022, the annual sales of domestic hot melt adhesives will exceed 1.3 million tons, making it the world's leading hot melt adhesive market.
It is reported that most of the hot-melt adhesive EVA on the domestic market has a melting index of 150g/10min, and the high-melting hot-melt adhesive EVA has been monopolized by imported materials. Relevant statistics show that in 2021, domestic high-melt hot melt adhesive EVA import dependence will reach 78%, and the price is expensive.
Through independent research and development, Sailboat Petrochemical has broken through many technical problems such as stable control of high-melting index EVA polymerization, equipment adhesion and parking, etc., successfully raised the melting index of the product to 400g/10min, and all key indicators have reached or even exceeded the international level. , and can flexibly adjust product parameters according to market demand, forming a series of EVA products for hot melt adhesives with high, medium and low melt index, filling the gap in the industry.
It is reported that Shenghong is currently actively promoting the construction of a 700,000-ton/year EVA project. After it is completed and put into production, the production capacity of Shenghong EVA will exceed one million tons, which can further increase the domestic self-sufficiency rate of related products.