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    Home > Chemicals Industry > Rubber Plastic News > The total investment is 2.5 billion yuan!

    The total investment is 2.5 billion yuan!

    • Last Update: 2022-08-27
    • Source: Internet
    • Author: User
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    On the morning of April 6th, the first phase project of 300,000 tons of polyformaldehyde of Hebi Longyu New Materials Co.
    , Ltd.
    of Henan Energy and Chemical Group was started in Hebi Baoshan Economic and Technological Development Zone.
    The total investment of the project is planned to be 2.
    5 billion yuan, and the annual sales income can be realized after completion.
    1 billion yuan, and achieve tax revenue of more than 100 million yuan


    .


    The project is jointly constructed by the municipal government and Henan Energy and Chemical Industry Group.
    The total investment of the first phase of the project is 2.
    5 billion yuan.
    It adopts copolymerized formaldehyde technology and relies on the perfect basic facilities of Baoshan Economic and Technological Development Zone and the methanol, water, Electricity, steam and other public works, saving construction investment, effectively reducing production and management costs, and improving enterprise competitiveness


    .


    According to the relevant person in charge of Henan Energy and Chemical Group, the polyoxymethylene project is a national industrial structure adjustment and encouragement project, and has been included in the action plan for the transformation and upgrading of the new material industry by Henan Province


    .


    As one of the five major engineering plastics, polyoxymethylene is a downstream product of methanol.
    It is known as metal plastic and enjoys the reputation of "super steel" and "race steel"


    .


    It is reported that in February 2021, Henan Energy and Chemical Group and Hebi Municipal People's Government reached a strategic cooperation agreement to build a POM project with an annual output of 300,000 tons in Baoshan Economic and Technological Development Zone, Hebi City, and the first phase to start a 60,000-ton POM project


    .


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