On November 8, Hunan Juren Chemical announced the successful trial production of a 50,000-ton/year green biodegradable material caprolactone unit.
Project Overview
Hunan Juren Chemical New Material Technology Co., Ltd. invested 1.2 billion yuan to use the indirect oxidation of cyclohexanone to produce caprolactone production process, and launched a new 50,000 tons/year green biodegradable material caprolactone construction project. The product plan is: 50,000 tons/year caprolactone and 60,000 tons/year polycaprolactone series products.
After the project is completed and put into production, it will alleviate domestic demand for caprolactone monomer, open up a broad market for the application of polycaprolactone fully biodegradable materials, and increase the company’s product market share and corporate economic benefits. It is expected to achieve annual sales revenue of 1.75 billion yuan and generate tax revenue of 150 million yuan.
About Hunan Juren Chemical
Hunan Juren Chemical New Material Technology Co., Ltd. was established in March 2014 with a registered capital of 48.18 million yuan. The company is located in the Green Chemical High-tech Industrial Development Zone in Yueyang, Hunan. It currently has a 5,000-ton/year caprolactone monomer unit and a 3,000-ton/year polycaprolactone polymer degradation material production unit, covering an area of 34,621.43 square meters. The total investment is 150 million yuan. From 2022 to 2023, it is planned to invest 1.2 billion yuan to build a new 50,000 tons/year green biodegradable material caprolactone engineering production device and supporting projects.
The company is a national high-tech enterprise specializing in the research and development, production, sales and service of ε-caprolactone and its derivatives. The company has overcome the “stuck neck” technology in the field of new chemical materials and broken the foreign technology monopoly. It is An enterprise that realizes imported product substitution and realizes the industrialization of complete sets of technologies for derivatives such as ε-caprolactone, polycaprolactone polyol and polycaprolactone (PCL).
The company currently has a complete set of patented technologies for ε-caprolactone with completely independent intellectual property rights. It has applied for 19 patents and authorized 11, including 3 invention patents and 1 PCT international patent. The main product polycaprolactone (PCL) has passed the German Standardization Institute certification center DIN
CERTCO biodegradable plastic product certification.
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