On the morning of February 21, a ground-breaking ceremony for 198 key projects of Zibo was held on the site of Tianchen Qixiang New Nylon Material Project in Zibo, Shandong. Cost for the project totals RMB 15.5 million. Guo Tao, Secretary of Zibo Municipal Party Committee gave a speech on the ceremony and announced the commencement of the key projects construction. Tianchen New Nylon Material Project, as one of the key projects of Shandong province, had its cornerstone laying ceremony last August. After six-month-long land grading and levelling, construction of the project was finally started.
Picture from Zhangzhogn Zibo
Tianchen Qixiang New Nylon Material Project is typical of key projects of Zibo. It was added into the Shandong Key Projects for Preparation List last September.
Tianchen Qixiang New Nylon Material Project is key to solving problems constraining the development of key sectors and areas of China. Butadiene-based route of ADN synthesis developed independently by China Tianchen Engineering Corporation (TCC) will be adopted to produce ADN, hexamethylenediamine, Nylon 66, and acrylonitrile. The ground-breaking ceremony suggests that the project is entering the construction stage and technologies involved are readily available. Construction of the project is estimated to be completed and put into operation by the end of 2021.
Picture from Zhangzhogn Zibo
A total of RMB 20 billion will be invested in Tianchen Qixiang New Nylon Material Project, with RMB 10.4 billion for the first phase which covers an area of 1800 acres. On 19 August 2019, cornerstone laying ceremony of the Tianchen Qixiang New Nylon Material Industrial Base with an annual capacity of 1 million mt jointly invested by Qixiang Tengda and TCC was held in Zibo Qilu Chemical Industrial Park. There isn't any domestic ADN manufacturer in China. The completion of this production site will lead to a break from technology monopoly of foreign countries as well as ADN technology and industry takeoff in China.
In recent years, Qixiang Tengda, supported by Cedar Holdings, has been making leapfrog development, with expanding business landscape across the globe and continuous growth. Qixiang Tengda ranked 302nd on the 2019 Fortune China 500 list. Last November, Qixiang Tengda was selected as one of the first group of "Best High-End Chemical Companies" of Shandong.
Article courtesy of Zibo Daily, Zibo News, Zhangzhong Zibo and Zibo Convergence Media