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On the afternoon of March 18, the signing ceremony of the 10 billion yuan Huafeng Biodegradable New Materials Integration Project was held at the Riverside Convention Center in Nantong City, Jiangsu Province. Under the joint witness of Nantong Mayor Wang Wei, Qidong City Party Secretary Wang Xiaobin and Huafeng Group Chairman Yu Xiaoping, Chairman Yu Feiyu and other government and enterprise leaders, Huafeng Group Co., Ltd. signed a cooperation agreement with Qidong Municipal Government.
The contracted biodegradable new material integration project is the re-layout of Huafeng Group's "base, integration, recycling, cleaning" new materials industry strategy, including an annual output of 300,000 tons of polychloric acid / parabens (PBAT), 300,000 tons of polycarbonate cycloesteride (PCHC) and related supporting projects .
project is scheduled to start construction in October this year, after the completion of the project is expected to achieve annual taxable sales of 10 billion yuan, the realization of profits and taxes of 3 billion yuan. It is understood that Huafeng in the field of biodegradable new materials technology research and development in the international leading level, some products are international first.
the project is located in an area of 3 square kilometers of Huafeng Group Kaidong base, located in Kaidong City Lusigang Economic Development Zone new materials industrial park. The base mainly invests in ultra-fiber integration projects and biodegradable new materials integration projects, of which ultra-fiber integration projects since its inception in 2014, the super-fiber production capacity has reached 100 million meters.
Weidong, general manager of Huafeng Super Fiber, Zhu Jingli, vice president of Huafeng Group, Pan Foundation and other leaders attended the signing ceremony.
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