The caprolactam-polymerization-nylon integrated production project of Sanding Holding Group was signed and implemented in the Ningdong Energy and Chemical Industry Base

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The caprolactam-polymerization-nylon integrated production project invested by Sanding Holding Group was signed and implemented in the Ningdong Energy and Chemical Industry Base. Author/Source: Huahua Network – Coal Chemicals. Date: 2019-08-13. Clicks: 72. On August 9, the caprolactam-polymerization-nylon integrated production project, with a total investment of 20 billion yuan, was launched in the Ningdong Energy and Chemical Industry Base in Ningxia. On August 8, Zhang Chaochao, Secretary of the Party Committee and Executive Vice Governor of the Ningxia Autonomous Region, went to Yiwu City in Zhejiang Province to hold discussions with Sanding Holding Group. The two sides reached further consensus on cooperation in areas such as industry access, raw material supply, logistics and transportation, assurance of production factors, site selection for projects, project financing, and equity partnerships. It is reported that the total investment in this project amounts to 20 billion yuan. It will facilitate the integrated development of coal chemical and petrochemical industries, enable the extension and integration of industrial chains, and promote the growth of these industries in terms of diversification, clustering, and high-end development. Once the project is implemented, it will further strengthen the synthetic fiber industry in the Ningdong area, helping to develop four major industrial clusters there: spandex, aramid, nylon, and bio-based cellulose. Once the project is completed and put into operation, it is expected to generate an annual output value of 40 billion yuan and annual profits and taxes of 2 billion yuan. Sanding Holding Group is a well-known diversified, international holding group with total assets of over 25 billion yuan. It has ranked first among the top 50 enterprises in Yiwu for 12 consecutive years, and has been included in the list of the top 100 enterprises in Zhejiang Province as well as among the top 500 private enterprises in China for many years. Its subsidiary, Huading Co., Ltd., is dedicated to the research and development as well as manufacturing of high-end nylon fibers. It has established a complete nylon production chain that covers weaving belts, spinning, slicing, caprolactam, and phenol, making it a global leader in the field of intelligent manufacturing of differentiated and functional high-end nylon products.