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Polypetrochemical: It is planned to increase capital of 160 million for 2 projects including halogen-free flame retardants

 Last Update: 2022-08-28
 Source: Internet
 Author: User

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Polypec announced that on June 28, 2021, the company reviewed and approved the "Proposal on Using Raised Funds to Increase Capital in Wholly-owned Subsidiaries to Implement Fund-raising Projects", agreeing that the company will use the raised funds of 160 million yuan to raise funds to its wholly-owned subsidiary Chizhou Jushi Chemical Co.
, Ltd.
("Chizhou Jushi") increased its capital to implement the company's fundraising projects "Chizhou halogen-free flame retardant production expansion construction project" and "Chizhou polystyrene production and construction project"

flame retardant

According to public information, the construction period of the "Chizhou halogen-free flame retardant expansion construction project" is 3 years.
The construction site is located in Chizhou Dongzhi Economic Development Zone, Anhui Province.
The project construction content is halogen-free flame retardant production and supporting facilities.
, mainly including flame retardant production workshop, synthesis workshop, drying workshop, salt-forming workshop, warehouse, tank farm, comprehensive building and supporting facilities

Ammonium polyphosphate (APP), the representative product of Chizhou polystone flame retardant, is an efficient and environmentally friendly flame retardant with high nitrogen and phosphorus content.
It has excellent thermal stability and water resistance, and has the characteristics of low toxicity, no dripping, and low smoke.
, It has a wide range of applications in the flame retardant field of high-grade refractory coatings, resins, rubber, paper, wood, fibers,

etc.

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