Two new material projects of more than 10 billion yuan started construction in Qinzhou

It was learned from the Qinzhou Municipal Government website that on October 29, the first phase of the Tongkun Qinzhou Green Chemical Fiber New Material Base Project and the Gepai New Energy Battery Material Integration Project Construction Mobilization Conference was held in
the Qinzhou Port Area of China (Guangxi) Pilot Free Trade Zone.

It is understood that the two projects that started construction on the same day are 10 billion yuan new material industry projects
.
Among them, the Tongkun Qinzhou Green Chemical Fiber New Material Base Project invested and constructed by Tongkun Holding Group Co.
, Ltd.
is located in Sandun Area, Qinzhou Petrochemical Industrial Park, with a planned total investment of 32 billion yuan and a planned annual output value of 39 billion yuan, mainly constructing an annual output of 6 million tons of PTA (terephthalic acid) and olefin industry chain projects, which will be built in two phases, which will effectively fill the gap of regional chemical fiber raw materials after completion and production, help Guangxi undertake the transfer of the eastern textile and garment industry and accelerate the formation of a high-end chemical fiber
。

Invested and constructed by Shanghai Gepai Nickel and Cobalt Materials Co.
, Ltd.
, the Gepai new energy battery material integration project is located in the Lu Earring Area of Qinzhou Petrochemical Industrial Park, with a planned total investment of 10.
1 billion yuan, of which the first phase investment is 4.
8 billion yuan, and the annual output value after production is 9 billion yuan, and the ternary precursors and nickel sulfate products produced are widely used in power batteries and other fields
.