Sinochem International: Plans to expand para-aramid production will be launched

On October 13, Sinochem International (Holding) Co.
, Ltd.
said in an investor relations activity that the company will launch the para-aramid production expansion plan in a timely manner and gradually promote the implementation of the entire upstream and downstream industrial chain layout
.

High-strength and high-mode aramid products have made a major breakthrough

In May 2022, Sinochem International made a major breakthrough in the quality and stability of high-strength and high-mold aramid products, and won a number of leading enterprise customers in downstream industries such as tires, communication optical cables, special protection, rubber, etc.
, with intended orders exceeding production capacity
.
The company has an existing aramid production capacity of 5500 tons/year, and high-strength and high-mode aramid accounts for 75%
of the total production capacity.

Reasons for breakthroughs

First, the long-term continuous technical process improvement and innovation on site, the on-site team has played a decisive role; Second, high-end equipment investment; The third is digital construction
.

Aramid production line from polymerization to spinning process and process control points are numerous, how to do a good job in every link, to meet the requirements of the process, the team and software and hardware facilities are very challenging, with the help of front-end customer solutions and back-end digital systems, it can be said that aramid high-mode high-strength technology breakthrough has experienced the process
of quantitative change to qualitative change.

The current aramid market structure

From the perspective of the overall pattern of the aramid market, on the supply side, American and Japanese suppliers are still in the first echelon, while major domestic manufacturers go hand in hand, and product quality is gradually improved, partially replacing imported products
.

On the demand side, with the domestic substitution of traditional special personal protection fields, the growth of demand in the fields of automotive lightweight, civil protection and the continuous development of emerging applications, the global demand for aramid will continue to maintain rapid growth
.

At present, domestic manufacturers mainly produce ordinary aramid products, and high-strength and high-mold products mainly rely on imports, with a large gap and high prices for a long time
.

Sinochem International products are more anchored in the needs of higher-end customers, through joint application research and development with downstream customers, promote formal cooperation in many fields, and obtain high customer stickiness
by virtue of quality and supply stability.
In the future, the company will launch the para-aramid expansion plan in a timely manner, and gradually promote the implementation of the entire upstream and downstream industry chain layout
.