Nantong Donggang Chemical has invested around 7 billion yuan in Ganquanbao, Urumqi, to build an integrated fluorine materials facility along with related downstream projects

Thread Content

On July 28, the Ganquanbao Economic and Technological Development Zone in Urumqi and Nantong Donggang Chemical Co., Ltd. successfully signed a major investment agreement. Nantong Donggang Chemical will invest around 7 billion yuan to build integrated fluorine material production facilities as well as related downstream projects in the Ganquanbao Economic and Technological Development Zone, marking a significant breakthrough in the development of this zone as a hub for high-end new material industries. The fluorine materials integration project (Phase I) under this agreement involves an investment of 3.95 billion yuan, with a planned land area of around 1,000 mu. The project is scheduled to officially break ground in October 2025 and be completed and put into operation in April 2027. The project will utilize advanced processes such as pyrolysis, dispersion polymerization, and suspension polymerization. Using chloroform, tetrachloropropane, anhydrous hydrogen fluoride, and other substances as main raw materials, it will focus on producing high-value-added fluoropolymer monomers and premium polymers. Additionally, a environmentally friendly caustic soda plant with a capacity of 300,000 tons per year and a methyl chloride plant with a capacity of 100,000 tons per year will be constructed as part of the project. Notably, the project will also utilize raw materials such as carbon tetrachloride and ethylene, and employ cutting-edge technologies like catalytic synthesis and extractive distillation to produce key fluorinated fine chemicals such as hexafluoroepoxypropane and perfluoropropyl vinyl ether. Once the first phase of the project is fully operational, it is expected to generate an annual output value of approximately 7.5 billion yuan and contribute around 800 million yuan in taxes per year (with a tax intensity of about 800,000 yuan per mu). The project will also directly create employment opportunities for roughly 1,000 people, yielding significant economic and social benefits. Kang Baolu, director of the Investment Promotion Service Center of Ganquanbao Economic Development Zone, said that the successful signing of the Nantong Donggang Chemical Fluorine Materials Integration project is another major achievement in the zone’s efforts to attract investment. This project features large investment scales, high levels of technological sophistication, and strong industrial driving effects, making it an ideal fit for our region’s strategic focus on developing the new materials and new energy industries. Upon completion, the project will not only significantly elevate the level of the industrial chain for high-end chemical materials in our region, but it is also expected to generate annual tax revenues of 800 million yuan, as well as an average tax yield of 800,000 yuan per mu, thereby providing strong impetus for the high-quality development of the regional economy. We will make every effort to create the best business environment, establish a dedicated team for project support, and ensure that the projects start construction, begin operations, and show results as soon as possible, turning them into model projects for the industrial transformation and upgrading in Ganquanbao. It is reported that under the second-phase plan, Nantong Donggang Chemical will invest another 3 billion yuan or more. Utilizing the high-quality raw materials from the first-phase project within the Ganquanbao Economic Development Zone, the company will expand into downstream industries with higher added value, focusing on the development of products such as high-end fluorinated coatings and special fluorinated cable materials. An additional 300 to 500 mu of land is expected to be allocated for this purpose. Deng Zhigang, chief engineer of Nantong Donggang Chemical Co., Ltd., said, “Our decision to make such a large-scale strategic investment in the Ganquanpu Economic Development Zone is based on our high appreciation for the zone’s advantageous geographical location and transportation infrastructure, its solid industrial foundation, abundant resource endowments, as well as the efficient and pragmatic approach of the local government.” Ganquanbao Economic Development Zone provides an ideal platform for us to establish a complete industrial chain in the fluorine chemical industry. Our first-phase project will adopt international advanced technologies to ensure green, safe, and efficient production, with the goal of establishing a leading fluorine materials production base in China and among the best in the world. At the same time, the downstream expansion project in Phase 2 will deepen industrial chain integration and increase the added value of products. We are confident that, by leveraging the investment-friendly environment of Ganquanbao Economic Development Zone, we can transform our technical and managerial advantages into strong market competitiveness, thereby contributing to the economic development of Xinjiang and Ganquanbao Economic Development Zone with the strength of Donggang. ” It is reported that Nantong Donggang Chemical Co., Ltd. was established in 2009, with its headquarters located in the Rudong Economic Development Zone (Chemical Industrial Park) in Nantong City, Jiangsu Province. The company has been dedicated to the research and development as well as production of fluorine-containing chemicals for over a decade, and has obtained a total of **23 patents (including 12 invention patents). Its independently developed project titled “Synthesis of perfluoropolyethers via electrolysis” has won the Third Prize of the Jiangsu Provincial Science and Technology Progress Award as well as the First Prize of the Nantong Municipal Science and Technology Progress Award. Its products include fluorinated surfactants, cleaning agents, and intermediates for pharmaceuticals and pesticides; these products are exported to numerous countries and regions around the world. Ding Hui, a member of the Party Working Committee and deputy director of the Management Committee of Ganquanbao Economic Development Zone, said that the implementation of these projects signed this time marks a solid step forward for Ganquanbao Economic Development Zone in its efforts to build a high-end, green, and clustered new materials industry base. It holds great significance for promoting the optimization and upgrading of the regional industrial structure as well as achieving high-quality economic development.