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On February 10, Xinfengming announced that the 300,000-ton/year intelligent and functional differentiated polyester fiber project invested and constructed by Dushan Energy, a wholly-owned subsidiary of the company, has been officially put into operation
.
It is understood that the project relies on the Dushan Energy Purified Terephthalic Acid (PTA) Phase I and II projects that have been put into production, which can deliver raw materials on-site to reduce logistics costs, and utilize the advantages of waste heat power generation from PTA units to reverse power supply and reduce production costs for self-use
.
In addition, combined with the overall layout of regional public works, it can also reduce costs while stabilizing normal production
The project uses the "5G+ Industrial Internet Platform" independently developed by the company, adopts the independent intellectual property rights of China Kunlun Engineering Co.
Xin Fengming said that the commissioning of the project can better integrate the company's resources and create a better professional service business model, which not only consolidates the company's polyester fiber foundation in the Pinghu area, but also greatly improves the company's market competitiveness and industry.