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Hualu Hengsheng’s new amide and nylon materials project resumes operations

2020-02-28View Original

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Workers resume work on Hualu Hengsheng’s amide and nylon new material project / Source: Chemical Industry Network – Coal Chemicals, Date: 2020-02-20, Clicks: 120. On February 18th, key projects across Dezhou City in Shandong Province resumed work simultaneously, with the main venue for this event located at the site of Hualu Hengsheng Chemical Co., Ltd.’s green chemical new material project. 54 projects started on that day, with a total investment of 62.2 billion yuan, and the annual planned investment amounts to 18.9 billion yuan. Among them, 3 key projects were launched simultaneously in the Dezhou Canal Economic Development Zone, with a total investment of 12.886 billion yuan; these include 2 provincial (municipal) key projects – the Hualu Hengsheng amide and nylon new materials project and the project to improve the quality of adipic acid ; 1 municipal key project (Phase I of the Canal Grand Community (West Area) affordable housing project). The Hualu Hengsheng amide and nylon new materials project has a total investment of 10.381 billion yuan, with an annual investment plan of 2 billion yuan; completion is scheduled for June 2021. Project features: It is possible to further improve the **downstream industrial chain, increase the overall added value of this chain, and achieve complementary advantages and flexible co-production with the adipic acid industry chain. The integration of basic raw materials such as ammonia, hydrogen, and ** enables the formation of an industrial chain that includes **, caprolactam, and nylon 6 (polyamide) chips. This helps optimize the product structure, create an integrated new materials industry base, and foster new competitive advantages for enterprises. Upon completion of the project, it is expected to generate an annual operating revenue of 5.6 billion yuan, an annual profit of 450 million yuan, and tax payments of 330 million yuan. The Hualu Hengsheng high-purity adipic acid quality improvement project has a total investment of 1.572 billion yuan, with an annual investment plan of 800 million yuan; completion is scheduled for December 2020. Key features: It enables further improvement in scale efficiency, facilitates the development of high-end products, helps to enter the top tier of the industry, thereby enhancing the influence of these products and creating an industrial chain with the strongest overall competitiveness ; It achieves energy conservation and emission reduction simultaneously, while taking into account multiple benefits in terms of economy, environment, and society. Upon completion of the project, it is expected to generate an annual operating revenue of 2 billion yuan, an annual profit of 220 million yuan, and tax payments of 180 million yuan. On August 16, 2019, Tianchen Engineering Co., Ltd. and Shandong Hualu Hengsheng Chemical Co., Ltd. officially signed an EP contract for the design and procurement related to the construction of a 300,000-ton/year caprolactam production facility for amide and nylon new materials. Building on Hualu Hengsheng Company’s existing gasification infrastructure, this project makes full use of syngas resources. With the aim of exploring high-value applications for syngas, and focusing on the carbonylation process and hydrogen production via shift reaction, it takes advantage of the company’s existing raw materials such as methanol and ammonia, as well as energy sources like steam and electricity. This approach will enable the development of a Industry chain for **-caprolactam-Nylon 6 (polyamide) chips, thereby creating an integrated new materials industry hub. The 300,000 tons per year project for amide and nylon new materials uses benzene and hydrogen as raw materials, and employs advanced process technologies. It involves the construction of units for cyclohexanol, **, and caprolactam, along with facilities for hydrogen peroxide, formic acid, and sulfuric acid. The investment amount is 4.98 billion yuan, to be funded through Hualu Hengsheng Company’s own funds and bank loans; the construction period is 30 months. Once completed and put into operation, the project will be able to produce 300,000 tons of caprolactam per year (of which 200,000 tons will be used internally), 200,000 tons of formic acid, 200,000 tons of nylon 6 chips, and 480,000 tons of ammonium sulfate. It is estimated that the annual revenue generated will be 5.613 billion yuan, with a total profit of 446 million yuan.
Reply #22020-03-10
Caprolactam has always been a profitable business

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