Aperiene received 150 million Series A investment!

Aperiene Technology (Hangzhou) Co.
, Ltd.
recently announced that it has completed 150 million yuan in Series A financing, and companies such as Longsheng Group and Huafeng Group jointly invested
.
Iperene Technology is a high-tech enterprise focusing on the R&D and industrialization of metallocene polyolefin products and fully synthetic liquid new materials
.
In this round of financing, apenene will be used for the construction of a base oil raw material plant with an annual output of 10,000 tons of polyalpha-olefin (mPAO) to accelerate the IPO layout
.

China's intelligent "hard technology" has extraordinary strength

The core technology of apeneene technology is the development and production of metallocene catalyst, solution process development and polyolefin product technology development and industrialization
.
mPAO is a new material of a new generation of fully synthetic lubricating oil, which has been widely used in aviation, wind power generation, high-speed rail, aircraft carrier, nuclear-powered submarine, heavy-duty vehicles, heavy armored tanks, and important industries such as mining, ocean-going ships, steel, and cement industries.
, military equipment, but also one of the raw materials in the field of food manufacturing and pharmaceuticals
.
At present, high-end mPAO products rely heavily on imports.
It is of great strategic significance for apenene to realize high-performance mPAO technology and localization of products.
Aperiene deserves to be rated as a national high-tech enterprise
.

"Let Chinese technology lead the world and not be restricted by overseas imports" is the original intention of Dr.
Wei Dongchu, the founder of Aperene
.
Dr.
Wei has studied and worked in the United States for nearly 30 years, and obtained a Ph.
D.
in organic chemistry from New Mexico State University.
He has a solid scientific research background and innovative and international thinking.
His core team has a wealth of new products from laboratory development to Experience in pilot scale and commercial production, especially in the development and application of metallocene polyolefin products
.
After years of unremitting efforts and innovation, appropene has obtained 16 Chinese and American invention patents, 14 Chinese and PCT invention patents, and accumulated a large amount of intellectual property rights
.

Iperene has already become a professional supplier of commercial metallocene catalysts for Sinopec and PetroChina, and in May 2020, it completed the pilot test of 100-ton mPAO micro-flux catalytic polymerization
.
Ipene is one of the few companies in the world that can produce mPAO products of any viscosity grade within the range of 2cst to 100,000cst, and has also developed production technologies such as ethylene oligomerization to prepare advanced linear alpha-olefins (LAO for short), making up for China's The technical shortcomings in this field, and the development of ultra-high viscosity mPAO, which is in short supply worldwide, has attracted the attention of the industry
.

Even more powerful, the future can be expected

The field of hard technology and innovative materials has always been a hot spot of capital attention.
Several capital parties investing in apeneene are excellent companies in the chemical industry.
Among them, Zhejiang Longsheng is the world's leading enterprise in dye chemicals; Zhongxin Fluorine Materials is a company It is a high-tech enterprise mainly engaged in fluorine fine chemicals; Huafeng Group is a top 500 Chinese chemical new material enterprise with 3 listed companies
.
The joint investment in apenene has injected strong new impetus into this potential high-tech enterprise, and also boosted the innovative materials "Made in China" to gallop on the world stage
.

Dr.
Wei said: This round of financing better supports the continuous investment of apexene in the field of technology research and development and production.
It will be used for a 10,000-ton mPAO demonstration device.
The factory is located in Shangyu Chemical Industry Park.
The design has been completed and the project is under In the approval process, the construction of the mPAO base oil feedstock plant is planned to be completed by the end of 2022
.
This year, we will focus on the start-up operation of the 10,000-ton demonstration plant in Shangyu, and at the same time promote the LAO industrialization project with ethylene as raw material, and strive to complete the 20,000-ton ethylene oligomerization project in 2023.
The GEM IPO raised funds to build a 100,000-ton/year production project.
It is estimated that by 2027-2030, the 200,000-ton/year production line will be completed and the total sales will reach about 10 billion, with rapid growth!

The market application prospect of apeneene products is very broad, and high-quality synthetic oil is an important "core" of modern manufacturing
.
For example, mPAO is an important raw material in the field of aviation lubricants, and almost all aircraft engines require the use of high-grade fully synthetic lubricants and greases
.
The market size of China's air transport industry can reach 100 billion, which is an open sky for mPAO! mPAO is also an indispensable key raw material in the field of automobiles and military equipment, and the global rigid demand is huge!

It is reported that the industrial production, development and application of foreign mPAO (polyalpha-olefin) has only lasted for more than ten years, which is a product in short supply, while most of the mPAO in the Chinese market relies on imports.
The whole process of production, the category is wide, the quality is excellent, and the production cost and selling price are very competitive
.

As a key new material for high-performance, environmentally-friendly and energy-saving lubricants, mPAO has better performance than the original mineral oil and PAO.
It can be used in highly severe application environments.
It plays a role in lubricating protection and is more energy-saving and environmentally-friendly, in line with China 2060 standards.
The environmental protection policy to achieve carbon neutrality in 2018 also meets the requirements of the international market for low-emission, low-pollution, high-quality industrial development
.

Aperiene can develop and customize suitable synthetic base oil mPAO according to different national conditions, different environments and requirements to meet the needs of different markets.
Many overseas buyers have already placed orders and cooperation needs with Aperiene
.

With hundreds of millions of investment, the development of apenene is even more powerful! In the future, appropene will continue to upgrade the technology platform, and innovate and develop more types of high-end fully synthetic base oils, which can completely replace imports, so that the world can use "Chinese oil"! More capital is very welcome to enter and support the development of innovation and technology in China
.