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Sixty-thousand-ton polyoxymethylene projects that have been completed or are under construction in China

2021-02-09View Original

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This is a project from 2012 ----------------------------------- 1. Product Overview Polyoxymethylene (POM) is a linear polymer without side chains, characterized by high density and high crystallinity. It possesses properties such as low specific gravity, excellent mechanical and electrical properties, wear resistance, dimensional stability, chemical resistance, impact strength, as well as low permeability to air and water vapor. In particular, it exhibits outstanding fatigue resistance and good self-lubricating properties, making it an ideal engineering plastic for replacing metals, especially non-ferrous metals and their alloys such as copper, aluminum, and zinc. Products such as gears, buttons, water meters, valves, pump impellers, sprinkler components, and zippers made of polyoxymethylene are widely used in industries such as the automotive sector, electronics and electrical equipment, industrial machinery, agriculture, and consumer goods. 2. Overview of the domestic market: In 2010, China’s production capacity for polyoxymethylene was 350,000 tons per year, with a production volume of around 230,000 tons. The apparent consumption level was approximately 396,000 tons, giving a self-sufficiency rate of about 58%. It is estimated that China’s polyoxymethylene production capacity will reach around 600,000 tons per year by 2015. By 2020, the domestic production capacity of polyoxymethylene will reach 800,000 tons per year. In 2010, the consumption structure of polyoxymethylene in China was as follows: 57% for electronics and electrical appliances, 21% for daily consumer goods, 15% for automobile manufacturing, 5% for the machinery industry, and 2% for other applications. Compared to other countries, the proportion of POM usage in the automotive industry in our country is relatively low. As the automotive industry develops, its impact on the POM industry will become more evident. It is estimated that the domestic demand for polyoxymethylene will reach around 560,000 tons in 2015, and around 750,000 tons by 2020. 3. The recommended process technology and source suggest the use of **Fuyi copolymerized polyoxymethylene production technology**. 4. Main raw materials consumed: The main raw material for this project is methanol, with an annual demand of 84,000 tons. 5. The estimated total investment for the investment and benefit projects is 1,219.61 million yuan, of which 1,100 million yuan is allocated to construction costs. After the project is put into operation, it is expected to generate annual sales revenue of 1.02 billion yuan, annual taxes and profits of 324.49 million yuan, and annual profits of 237.22 million yuan. The return on investment in terms of taxes and profits will be 26.6%, while the return on investment in terms of profits alone will be 19.5%. The estimated payback period (before income tax) is 8.2 years.
Reply #22021-02-09
In March 2020, Yuntianhua announced that it aimed to leverage its leading advantages in polyoxymethylene production technology, further strengthen its market competitiveness in this industry, accelerate the adjustment of its product portfolio by increasing the share of high-value chemical products such as polyoxymethylene, and enhance the company’s sustainable development capabilities and overall competitive strength. Xinjiang Yunjutian New Materials Co., Ltd., a wholly-owned subsidiary of the company (\"Xinjiang Yunjutian\”), plans to invest approximately 1.366 billion yuan to build a project with an annual production capacity of 60,000 tons of polyoxymethylene. Basic information on the investment project (I) Project name: 60,000 tons/year polyoxymethylene project ; (II) Investment entity: Xinjiang Yunju Tian New Materials Co., Ltd., a wholly-owned subsidiary of the company ; (III) Main contents of the project investment: Construction of a new formaldehyde production facility with an annual capacity of 200,000 tons, and a polyformaldehyde production facility with an annual capacity of 60,000 tons ; (IV) Project investment amount and source of funds: The total investment in the project is 1,365.88 million yuan, with the funds coming from raised capital as well as the company’s own funds ; (5) Project location: Shihu Tan New Materials Industrial Park, Shihezi, Xinjiang ; (VI) Investment progress and project construction period: The project plan will be advanced as soon as possible based on the project feasibility study report, with an estimated construction period of 2 years.
Reply #32021-02-09
On July 24, 2017, Zhang Feng, Deputy Secretary of the Qitai County Party Committee and acting county head, led a delegation for investment promotion on a follow-up visit to Nantong Xingchen Synthetic Materials Co., Ltd., a wholly-owned subsidiary of China BlueStar (Group) Co., Ltd. The delegation detailed the various advantages of the polyoxymethylene project in Qitai County, including an abundant supply of raw materials, low costs for electricity, gas, and transportation, a concentrated chemical industry cluster, as well as policy support. Calculations show that locating a 60,000-ton polyoxymethylene production project in Qitai County can reduce raw material costs by 300 million yuan per year compared to other locations. Pang Xiaolin, Party Secretary and General Manager of Nantong Xingchen Synthetic Materials Co., Ltd., said that compared to other regions, the Blue Star polyoxymethylene project has clear advantages when located in Qitai County, Xinjiang. It is estimated that once the polyoxymethylene project in Qitai County is completed, it will generate an annual net profit of 180 million yuan, with an investment return rate of over 18%. This approach allows for control of production costs at the source, thereby maximizing profitability. Meanwhile, the two sides had in-depth discussions on how to adjust the optimal investment plan for the project construction and on bringing in third-party partners. Through discussions, Pang Xiaolin stated that with the joint efforts of ** and Lanxing Group, progress will be made as soon as possible toward the substantive advancement of the polyoxymethylene project, either by adopting a tripartite cooperation model of “** + technology provider + investor” or by further adjusting the group’s investment plan. The successful implementation of the Blue Star polyoxymethylene project will simultaneously accelerate the construction of Qitai County’s 1.8 million tons per year methanol production line, 100,000 tons per year BDO production line, and PBT (engineering plastic) production line, thereby further extending and strengthening Qitai County’s coal, electricity, and coal chemical industry chain
Reply #42021-02-09
On April 22, 2020, an expert review meeting on the environmental impact changes related to the heating system for Inner Mongolia JiuTai New Materials Company’s 60,000 tons per year polyoxymethylene production project was held in Hohhot. Zhang Sheng, director of the Approval Office of the Municipal Environmental Protection Bureau, presided over the meeting. Members of the expert group and relevant leaders from the Environmental Protection Bureau were present, while Cao Yingfang, the company’s deputy general manager, along with relevant personnel from the environmental impact assessment agency, also attended the meeting. At the meeting, Cao Yingfang, the company’s deputy general manager, gave an introduction to the overall situation of the project, while representatives from Inner Mongolia Huanke Yuan Environmental Technology Co., Ltd., the organization responsible for preparing the report, provided a detailed account of the environmental impacts associated with the project. Experts gave full approval to the changes made to the heating system for the company’s 60,000 tons per year polyoxymethylene production project, and provided valuable suggestions on the contents that needed to be added or revised in the report. Following thorough discussions, the environmental impact assessment report for the changes to the heating system of the 60,000 tons per year polyoxymethylene project was finally approved at the expert review meeting. As a new type of material, polyoxymethylene is one of the five major engineering plastics; it is known as \"super steel\" and is widely used. Developing the polyoxymethylene project in conjunction with the ethylene glycol project offers inherent advantages; it is possible to make full use of the high-quality formaldehyde produced as an intermediate product in the ethylene glycol process, as well as low-cost facilities such as those used for common utilities. By extending the industrial chain in this way, it is possible to fully leverage the advantages of the products, the company, and costs. Through proper planning and scientific design, the added value of the products can be increased. The project is located in the industrial park of Tuoketuo County, Hohhot City, Inner Mongolia, with a total land area of 40,300 m2. This project involves the construction of a production facility capable of producing 60,000 tons of polyoxymethylene per year. The facility will be located to the northeast of the ethylene glycol storage area. The main components of the construction include a formaldehyde concentration unit (with a capacity of 9×104 tons per year), a trioxymethylene production unit (with a capacity of 6×104 tons per year), a dioxolane production unit (with a capacity of 0.375×104 tons per year), and a polyoxymethylene production unit (with a capacity of 6×104 tons per year) ; The supporting utility facilities and auxiliary production facilities include: substations, finished product warehouses, control rooms, water supply and drainage systems, and other such auxiliary production facilities, with the rest relying on the ethylene glycol plant located outside the boundary area. The project investment is 1,569.91 million yuan.
Reply #52021-02-09
Recently, the environmental impact assessment document for Xinjiang Xinlianxin Energy Chemical Co., Ltd.’s 60,000 tons per year polyoxymethylene production project was approved by the Department of Ecology and Environment of the Xinjiang Uyghur Autonomous Region. Xinjiang Xinlianxin Energy and Chemical Co., Ltd. is located in the Manas River Industrial Park. It is a wholly-owned subsidiary of Henan Xinlianxin Chemical Industry Group Co., Ltd. The company invested 2.75 billion yuan in the initial phase of its operations; it uses raw coal from the Manas Tianli and Tianxin coal mines to build a facility capable of producing 280,000 tons of synthetic ammonia, 480,000 tons of urea, 100,000 tons of melamine, and 150,000 tons of compound fertilizers per year. The investment in environmental protection measures amounted to 117.721 million yuan, representing a proportion of 4.35% of the total investment. Later, optimizations and upgrades will be carried out on the basis of the 280,000 tons/year ammonia synthesis and 480,000 tons/year urea production facilities; the existing shift and methanol washing units will be modified, and a 150,000 tons/year high-purity methanol production line will be built. Due to the severe overcapacity in methanol production in China at present, the construction unit has decided to expand into downstream industries by establishing new production lines for formaldehyde, polyformaldehyde, dioxolane, as well as polymerization processes and auxiliary facilities within the plant. The methanol that was previously used for sale will now be utilized for the production of polyformaldehyde, resulting in an annual production capacity of 60,000 tons of polyformaldehyde resin and thereby improving the overall economic efficiency of the enterprise. Project Name: 60,000 tons/year Polyoxymethylene Project of Xinjiang Xinlianxin Energy and Chemical Co., Ltd.
Constructor: Xinjiang Xinlianxin Energy and Chemical Co., Ltd.; Project Type: New construction; Total Investment: The total investment amounts to 1,647,480,000 yuan, of which 67,400,000 yuan is allocated to environmental protection measures, accounting for 4.09% of the total investment; Labor Force and Working Hours: The project will create 148 new jobs, with continuous production carried out under a four-shift, three-shift system, resulting in an annual working hours of 8,000 hours; Location of Construction: Tahe Industrial Park, Manas County, Changji Prefecture, Xinjiang, within the premises of Xinjiang Xinlianxin Energy and Chemical Co., Ltd.; Construction Period: 26 months. Construction contents: Upon completion, the project will be capable of producing 60,000 tons per year of polyoxymethylene. It consists mainly of the main plant, utility and auxiliary facilities, storage and transportation systems, as well as environmental protection measures. The main plant includes a formaldehyde production unit using the iron-molybdenum process, a dioxolane (DoX) unit, a trioxymethylene (TOX) synthesis unit, as well as polymerization and post-treatment units. The auxiliary facilities include heat exchange stations, a central control room, and upgrades to the existing desalination station. The storage and transportation systems comprise raw material storage tanks and product warehouses. The supporting facilities include office buildings, a central laboratory, water supply systems, and air supply systems.
Reply #62021-02-09
The annual production capacity of 40,000 tons for high-end modified polyoxymethylene at Lunan Chemical is being expanded at an accelerated pace. By Jia Peng and Xie Wen, Shanneng Safety, 2020-03-17. While continuing to work diligently on epidemic prevention and control as well as operational activities, Lunan Chemical made every effort to speed up progress and overcome various difficulties. Despite the disruptions in transportation during the pandemic, the last two key pieces of equipment for this provincial key project were transported over a period of one month across more than 40 cities in six provinces in South and East China, arriving at the project site and thus overcoming all the challenges associated with long-distance shipments, thereby achieving significant progress. Image: At 6 p.m. on March 11, the two formaldehyde reactors for Lu Nan Chemical’s project to produce 40,000 tons per year of high-performance modified polyoxymethylene were successfully installed in one lifting operation. The two formaldehyde reactors lifted this time have a diameter of 5.6 meters and a net height of 6.7 meters; each unit weighs over 80 tons. Using a 500-ton crane and a 300-ton crane, they were lifted over the final obstacle, the pipe rack, and safely brought into the plant at 16:00 on March 10. The project team for high-end modified polyoxymethylene at Lunan Chemical Company, together with the project contractor, developed a thorough and detailed lifting plan. Before the actual lifting operation, all construction workers received safety training and instructions to ensure that all safety measures were properly implemented. On the afternoon of March 11, after more than three hours of intense and orderly work, by 18:00, the two formaldehyde reactors were successfully lifted in one go.
Reply #72021-02-09
Formaldehyde reactor of Lunan Chemical’s polyoxymethylene plant‘
Reply #82021-02-09
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Reply #92021-02-09
On December 2, 2019, the pilot production phase of the first phase of the project established by Gansu Tail Fine Chemicals Co., Ltd., which is one of the key investment-attracting projects in the Yumen Jianhua Industrial Zone for 2019. This project was funded by Shandong Tail Chemical Co., Ltd.; it has an annual production capacity of 400,000 tons of formaldehyde, 60,000 tons of polyformaldehyde, 60,000 tons of urotropine, and 100,000 tons of methyl acetal. The product quality met the required standards, and the trial operation proceeded smoothly. Image: The total investment for this project is 360 million yuan, with construction carried out in three phases. Phase 1 requires an investment of 120 million yuan, during which 20,000 square meters of additional building space will be created. It will include a production line capable of producing 120,000 tons of formaldehyde, 20,000 tons of polyformaldehyde, 20,000 tons of urotropine, and 50,000 tons of methylal per year. Additional facilities such as comprehensive office spaces, substation rooms, maintenance areas, as well as various auxiliary systems related to environmental protection, safety, fire prevention, and energy conservation will also be built. The necessary procedures for this project, including evaluation for feasibility, safety, the environment, employment, and stability, have been completed. The process technology is mature and reliable; the product quality is good, energy consumption is low, and environmental pollution is minimal. The technical and economic indicators are at a high level, and environmental protection measures meet the requirements of the region in question, in accordance with the construction requirements outlined in the **“Guidelines for Industrial Structure Adjustment.”** Once completed, Phase 1 of the project will generate annual sales of 350 million yuan and tax revenues of around 30 million yuan; it will also create employment for over 80 people, thereby contributing significantly to the growth of Yumen’s industrial economy.
Reply #102021-02-09
Major polyoxymethylene manufacturers in China in 2014
Reply #112021-02-09
I’m not sure what’s happening with this project at the moment. =========================== On August 10, 2017, a signing ceremony for the 100,000-ton polyoxymethylene project was held in our city between the People’s Government of Jieyou City and China Sunshine Investment Fund Management Co., Ltd. Zhang Baoping, head of the Jinzhong City Investment Promotion Bureau; Zhang Chi, deputy secretary of the city’s Party committee and mayor; Zhang Zhengyu, vice mayor; as well as representatives from the Jinzhong City Investment Promotion Bureau, the city’s Environmental Protection Bureau, Economic and Trade Bureau, and Investment Promotion Bureau, along with officials from China Sunshine Investment Fund Management Co., Ltd. and Luxin Energy Group, attended the signing ceremony. In his speech, Zhang Chi welcomed China Sunshine Investment Fund Management Co., Ltd. to invest in Jiexiu. He pointed out that the city boasts significant advantages in terms of transportation and location, as well as a relatively well-developed industrial structure, providing a solid foundation for the development of industries such as coal chemicals and new materials. The capital management skills and professional expertise of Sunshine Fund complement perfectly the existing resources in our city. For the 100,000-ton polyoxymethylene project, the municipal authorities and relevant departments will provide strong support, and will promptly set up platforms and form teams to offer necessary services. It is understood that the construction site for the 100,000-ton polyoxymethylene project in our city is located in the Luxin Industrial Park, where it will primarily utilize coke oven gas from nearby coking enterprises as well as methanol as raw materials. The initial investment is 1 billion yuan, with a construction period of 1.5 years, to establish a plant with an annual production capacity of 40,000 tons. Through chemical processing, polyoxymethylene can be turned into a versatile engineering plastic used in the manufacture of heart stents, electronic device casings, air-conditioning panels, car radiators, sports equipment, and more. Once the project reaches full capacity, it will be able to generate annual sales of 800 million yuan, as well as profits and taxes amounting to 200 million yuan; in addition, it will create 400 long-term employment opportunities.

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