Xinri Hengli lauric acid's order in hand has reached about 1 billion yuan

After acceptance and reaching production, the Xinri Hengli lauric acid project quickly won a large amount of market orders

On October 27, the reporter learned from the signing ceremony of Xinri Hengli that the company has orders of 25,800 tons of lauric acid products, with a total order price of about 1 billion yuan

The relevant person in charge of Xinri Hengli revealed that there are dozens of companies sending samples of lauric acid products, and the verification process is smooth.

Third-generation technology quickly hits the market

"Today's signing ceremony marks that Xinri Hengli's latest-generation 12-carbon dibasic acid products, which have been awarded the Hongguang Special Project under the leadership of the Chinese Academy of Sciences, have officially entered the market, laying a solid foundation for the company's successful transformation and strengthening social support.

According to the company's previous announcement, the lauric acid project has a production capacity of 50,000 tons/year, using the third-generation lauric acid technology of the Chinese Academy of Sciences, and the cost is significantly lower than the second-generation, mainly reflected in the transformation efficiency of strains and the feeding of fermentation.

Xinri Hengli said that the lauric acid project is in line with the national industrial policy and the company's development strategy.

At present, lauric acid is in short supply and is mainly used in civilian and military industries

Future prospects are promising

Under the "two-carbon" goal, bio-based materials have received unprecedented attention for their unique full-life cycle carbon reduction advantage

The reason why bio-based materials can reduce carbon is because their raw materials are biomass (such as grain, straw cellulose, agricultural and forestry waste, etc.

The Organization for Economic Cooperation and Development (OECD) predicts that by 2030, about 35% of the world's chemicals and other industrial products will come from bio-manufacturing, and bio-based materials will usher in a historic development opportunity

Facing the opportunity, Xinri Hengli and its major shareholder Shanghai Zhongneng Group both regard bio-based materials as the main direction of attack

According to the plan, Zhongneng New Materials Industrial Park strives to build the industrial park into one of the production bases of bio-based long carbon chain polyamide (including high temperature resistance) with the most complete installations, the largest single line scale and the lowest unit consumption of raw materials in China and the world within five years.

Yu Jianming, chairman of Shanghai Zhongneng Group and the actual controller of Xinri Hengli, once said that the group is determined to break the long-term technological monopoly in the global chemical industry, and will develop the professional field of bio-based long carbon chain polyamide (including high temperature resistance).