Recently, the signing ceremony of Jiuyuan New Materials Project was held in Chengdu. At the important moment of struggling to get off to a “good start” in the first quarter, all four major industrial projects in Guang’an City with an investment of over 10 billion have been signed and landed.
According to reports, the Jiuyuan new material project signed this time will invest 1.7 billion U.S. dollars in Guang’an. After the core devices and products such as butadiene are completed and put into production, the annual new output value will be about 20 billion yuan, and the new tax payment will be about 2 billion yuan.
“These products are widely used in engineering plastics, textiles and clothing and other fields, which will effectively extend the existing industrial chain and help us further expand the market space.” Tang Guoqiang, chairman of the board of directors of Jiuyuan Chemical Group, said. Among them, adiponitrile and hexamethylenediamine can reduce the dependence of domestic products on foreign imports, and the adiponitrile project will help break the monopoly of foreign technology and realize the localization of technology.
According to reports, since Jiuyuan Chemical Group established its presence in Guang’an in 2011, it has successively established companies such as Guang’an Jiuyuan Chemical, Guang’an Hongyuan Technology, and Sichuan Jiuyuan High-tech Materials, contributing an output value of 22 billion yuan and a tax revenue of over 1.2 billion yuan for Guang’an. After all the contracted projects are completed, the entire Guang’an base will realize an annual output value of about 30 billion yuan and an annual tax payment of about 3 billion yuan.
Since 2022, Guang’an has successively signed three projects with an annual output of 500,000 tons of bis-glyphosate, Lier green plant protection series project, and integrity new material titanium series product project with an investment exceeding 10 billion yuan. In 2023, Guang’an proposed to invest in the “four tens of billions” of industrial projects as industrial projects in the “No. 1 Project” to promote the start of the project and accelerate construction.
With the official signing of the Jiuyuan new material project, all four major industrial projects invested by Guang’an over 10 billion have been implemented, which is of milestone significance for Guang’an to cultivate 100 billion industries and build a 100 billion park.
An environmental impact assessment of 400,000 tons of hexamethylenediamine and 100,000 tons of adiponitrile
As early as March 2022, the environmental impact assessment of Sichuan Jiuyuan High-tech Materials Co., Ltd.’s annual production of 400,000 tons of hexamethylenediamine project was announced for the first time. The project construction address is Xinqiao Industrial Park, Guang’an Economic Development Zone, Sichuan Province.
The project is constructed in two phases. In the first phase, a 60,000-ton/year hydrocyanic acid plant, a 100,000-ton/year hexamethylenediamine plant, a 100,000-ton/year adiponitrile plant, supporting equipment, and ancillary tank farms will be built. The second phase of construction will be 300,000 tons of hexamethylenediamine. According to the annual report of Jiuyuan, a supporting project of 800,000 tons/year of nylon 66 will also be built.
Jiuyuan Chemical (Group) Co., Ltd. was founded in Sichuan in 1996 and incorporated in the Cayman Islands in 2002. It was listed on the Growth Enterprise Market of the Hong Kong Stock Exchange on July 10, 2003, and was listed on the Growth Enterprise Market on August 25, 2008. Transfer to the main board for listing. The company’s total assets are 3.83 billion yuan, with an annual production capacity of 1.15 million tons (including 420,000 tons of urea, 430,000 tons of methanol, and 300,000 tons of synthetic ammonia), with an annual sales revenue of nearly 3 billion and more than 700 employees. The business covers the production, research and development of chemicals, fertilizer products and new materials.
At present, the existing resources are being used to actively develop downstream products. New products such as dimethyl carbonate, propylene carbonate, adiponitrile, hexamethylenediamine, nylon 66, PBAT, and PBS are growing from traditional fertilizer and chemical product manufacturers. It is an enterprise that produces new chemical material products.
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