Shandong Dongchen Group cooperates with Alar City of the First Agricultural Division to build a polyformaldehyde project

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XPCC News Network, Aksu, July 19 (Li Xiangxin) On July 14, the author learned that Shandong Dongchen Group and Alar City, the First Agricultural Division of the Xinjiang Production and Construction Corps, held a signing ceremony for the cooperative construction of a 40,000 tons/year polyformaldehyde project. 　　 　　The city has reached a cooperation agreement with Shandong Dongchen Group, and both parties will increase capital and shares in Xinjiang United Chemical Co., Ltd., a wholly-owned subsidiary of the group in Kuqa County. The total investment in the polyformaldehyde project jointly implemented by it is estimated to be 700 million yuan, of which 210 million yuan is its own capital. Shandong Dongchen Group’s investment ratio is 60% ； The city's investment ratio is 40%. 　　 Polyformaldehyde is an engineering plastic with very excellent properties. * * Encourage the development of new high-tech synthetic materials products. * The country prioritizes and encourages the development of high-tech products. Its demand is large, its demand is growing rapidly, and it has good market prospects. Polyoxymethylene has excellent performance and wide range of uses. In the past 10 years, with the rapid development of my country's machinery, electronic appliances, automobiles, light industry and other industries, the average annual growth rate of polyoxymethylene demand will be higher than 7%. Demand in 2010 will reach more than 300,000 tons. By then, my country's polyformaldehyde production capacity will reach 170,000 tons. If no new production capacity is formed, a large amount of imports will be needed. At present, there are only 5 polyformaldehyde manufacturers established in China. The methanol unit of this project adopts domestic low-pressure synthesis technology ； The formaldehyde unit introduces the patented iron-molybdenum method technology and equipment from Swedish PerstorpAB Company ； The polyoxymethylene unit introduces the patented copolymer technology and equipment of ZAT Company in Poland. The project technology and equipment can reach the world's most advanced level. 　　 　　It is reported that Shandong Dongchen Group cooperates with Nongyi Division on a polyformaldehyde project, and its business scope is * * Investment in the chemical industry, sales of chemical machinery, chemical equipment, and chemical instruments are allowed. The operating period of the joint venture is 30 years.