Latest progress on Luxi Chemical’s 600,000-ton caprolactam·nylon 6 project

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Latest Progress on Luxi Chemical’s 600,000-ton Caprolactam·Nylon 6 Project Author/Source: Gasification World Date: April 20, 2023 Clicks: 40 Recently, the reaction product intermediate tank VD107 and the oxime formation reactors R-D101A/B/C/D of Luxi Chemical’s project in Shandong, which are being constructed by the Fourth Branch of China National Chemical Engineering Group Co., Ltd., were successfully lifted into place. The first phase of Luxi Chemical’s caprolactam and nylon 6 project mainly includes 300,000 tons of caprolactam, 300,000 tons of nylon 6, as well as supporting production facilities and auxiliary utilities such as public engineering systems. Construction began in February 2022. The first-phase construction project of Luxi Chemical’s 600,000 tons per year caprolactam·nylon 6 facility mainly includes 300,000 tons of caprolactam, 300,000 tons of nylon 6, as well as supporting production facilities and auxiliary utilities such as public engineering systems. The first phase of the project is planned to require an investment of 3.3 billion yuan. The funds needed for its construction will be obtained primarily through the company’s own resources, bank loans, and other financing methods, in order to ensure the smooth progress of the project. In response, Luxi Chemical stated that investing in the first phase of the caprolactam nylon 6 production project will enable it to ensure the stable development of its existing industries, while making full use of the company’s advantages in management, technology, engineering capabilities, and park integration. This will allow for the further expansion and strengthening of the production chain, with a focus on developing high-precision, high-value-added, high-tech products that require low energy consumption. The company aims to continue optimizing its product portfolio by focusing on both raw material sourcing and downstream product applications, thereby increasing the value added to its products and their market share. This approach will enhance the overall competitiveness of the park and help maintain the healthy and stable development of the company. The caprolactam•nylon 6 project is expected to require a total investment of 6.461 billion yuan, with implementation carried out in phases. Once the project is completed and put into operation, it will be able to produce an additional 600,000 tons per year of caprolactam, 600,000 tons per year of nylon 6, as well as related products.