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On December 7th , Lianchuang shares announced that the company’s subsidiary Shandong Lianchuang Polymer Co.
On December 7th , Lianchuang shares announced that the company’s subsidiary Shandong Lianchuang Polymer Co.
The announcement shows that the nature of the project is an expansion project, aimed at expanding production capacity, optimizing product structure and upgrading, extending products upstream and downstream, and improving the company's market competitiveness.
2020 12 Yue 5 May 76th meeting of the third Board approved the "Subsidiary invest 4.
Basic situation of the project: Project name: 45,000 tons / year polyether polyol expansion and 20,000 tons / year cyclopentane type combined polyether integration project
Implementation location: No.
Implementation location: No.
Project construction subject: Shandong Lianchuang Polymer Co.
Project construction content: The project is to be constructed in the company's existing factory area, relying on the existing production plants, equipment and auxiliary facilities, etc.
Project investment amount and source of funds: no more than RMB 100 million (the final total project investment is subject to actual investment), and the source of funds is the company’s own funds and self-raised funds.
Construction period: 12 months (finally subject to actual construction conditions).
It is understood that the production capacity of the 30,000- ton / year combined polyether and supporting polyether polyol project of the first phase of Lianchuang polymer project has been fully released, the product application field is wide and it has good technical and quality advantages, and the output can not fully meet the domestic requirements.
With the development of rigid foam polyurethane and product upgrades at the same time, the second-generation foaming agent HCFC-141b is about to be eliminated.
This project is in line with the relevant national industrial policies and the company’s strategic development direction.
It has mature technology and small investment scale.
After the project is put into operation, it can quickly expand the company’s production scale, optimize product structure and upgrade, enhance the company’s profitability and anti-risk capabilities, and enhance the company’s comprehensive competition Power is in the interest of the company and all shareholders.