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Xinjiang Xinye plans to build a facility for producing 400,000 tons of modified PBAT in Henan 2025-04-07 14:21:40 On April 1–2, 2025, the Investment Group of Luohe City in Henan visited Xinjiang Xinye Group. Discussions were held with the chairman of Xinye Group regarding the construction of a facility for producing 400,000 tons of PBAT-modified materials in Yancheng District, as well as the establishment of a research and development center for such materials; a strategic cooperation agreement was also signed. Xinjiang Xinye had BDO production capacity at an early stage; its project with an annual output of 200,000 tons of BDO is a key project designated by the State-owned Assets Supervision and Administration Commission of the autonomous region as well as the Production and Construction Corps, and it is located in the East Industrial Park of Wujiaqu Economic and Technological Development Zone. One of these projects, a 60,000-ton BDO facility, was completed and put into operation in 2019; the plant has been operating steadily, achieving its full production capacity and efficiency levels ； The total investment for the second-phase 140,000-ton BDO project is 2 billion yuan; the construction period is 18 months. Construction began in February 2023, the commissioning ceremony was held on July 29, 2024, formal production of formaldehyde products started in October, the plant went into operation successfully on November 27, and BDO products were produced at the beginning of December. Previously, Xinjiang Xinye had not reported any plans to engage in PBAT business, but it does have plans to develop downstream products of BDO. According to reports from July 2024, the second phase of the Xinjiang Xinye BDO project held a groundbreaking ceremony, during which it was mentioned that 140,000 tons of spandex and 2 NMP production projects are planned at this stage; once these projects are operational, further developments will be carried out to establish a high-end new materials industry base. In November 2024, the second phase of Xinye Nenghua’s 200,000 tons per year BDO production facility produced its first batch of high-quality BDO products. Wang Pengfei, the Party branch secretary and general manager of Xinye Nenghua’s fine chemicals company, said in a media interview that in the future the company will make further investments in areas related to BDO’s downstream applications as well as in the development of new products.