News

On the morning of June 30, Yongrong Holding Group and Nanchong cooperation project – Yongying New Material’s annual output of 800,000 t of functional new material integrated industrial chain project, the first phase of the project officially started in Nanchong Economic Development Zone.
It is understood that the total investment of the integrated industrial chain project of Yongying New Materials with an annual output of 800,000 tof functional new materials is about 33 billion yuan, covering an area of about 5,000 mu. The first phase of the project is expected to be completed and put into operation in December 2023.
According to the environmental impact report published on the website of Sichuan Nanchong Economic Development Zone Management Committee, Yongrong Group plans to use natural gas as raw material and use acetylenic aldehyde technology to produce BDO, and extend to the downstream industry chain to implement “800,000 t of functional new materials”. Integrated Industry Chain Project”.
The project is planned once and implemented in stages. The first phase of construction includes a natural gas-to-acetylene plant, a formaldehyde plant, a 1,4-butanediol (BDO) plant, a polyadipate/butylene terephthalate (PBAT) plant and a polytetrahydrofuran (PTMEG) plant. And supporting public works and auxiliary production facilities, forming a production scale of 300,000 t/year of BDO, 60,000 t/year of PBAT and 60,000 t/year of PTMEG.
Project review
On the morning of April 11, the signing ceremony of the investment agreement for the integrated industrial chain project of functional new materials with an annual output of 800,000 tons was held in Nanchong City by the Nanchong Municipal People’s Government, Yongrong Holding Group Co., Ltd., and the Management Committee of Sichuan Nanchong Economic Development Zone.
It is understood that the total investment of the integrated industrial chain project with an annual output of 800,000 tons of functional new materials is about 33 billion yuan, covering an area of about 5,000 mu.
The project will be constructed in two phases: the total investment of the first phase of the project is about 10.2 billion yuan, and the total investment of the second phase of the project is about 22.8 billion yuan. Mainly use natural gas as raw material to develop a series of new biodegradable materials with an annual output of 500,000 tons and a super-simulation functional fiber project with an annual output of 300,000 tons. After full completion, the annual output value is expected to reach 24 billion yuan, with profits and taxes of about 3.7 billion yuan. , providing about 5,000 jobs.
Yongrong Holding Group
Established in 2009, Yongrong Holding Group has now developed into a large-scale industrial group that focuses on new petrochemical nylon materials, integrates supply chain services, and relies on modern industry 4.0 and industrial Internet technology to achieve sustainable and sustainable development. The group has business segments such as nylon business, caprolactam business, aromatic hydrocarbon business, adiponitrile business, and new material business.
The group focuses on the production of nylon fiber, nylon 6 polymer chips, caprolactam and other products, and has a domestic leading Industry 4.0 intelligent nylon production line. At present, Yongrong has opened up the whole industrial chain integrating “benzene–caprolactam–nylon chips–nylon fibers–new materials”.