Foundation-laying ceremony for the Wanlong Carbon Fiber project, with a total investment of 1.08 billion yuan, held
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On July 1, the groundbreaking ceremony for the Wanlong Carbon Fiber project was held in the Eastern Industrial New Area of Tudian Town, Tongxiang City, Zhejiang Province. The total investment for this project is 1.08 billion yuan, and 240,000 square meters of new factory buildings will be constructed. It is understood that this project was constructed by Zhejiang Wanlong Carbon Fiber New Materials Co., Ltd. The company was jointly invested in by Zhejiang Wanli Carbon Fiber Intelligent Equipment Co., Ltd., a subsidiary of Zhejiang Wanli Textile Machinery Co., Ltd., and Tongxiang Minglong Group. Once completed, the Wanlong carbon fiber project will have the capacity to produce 10 million square meters of carbon fiber woven fabric, 20 million square meters of carbon fiber prepreg, 6,000 tons of carbon fiber pultruded profiles, as well as 150,000 units/set of lightweight molded components for use in aviation, rail transportation, pressure vessels, and other applications. By then, the Eastern Industrial New Area in Tudiàn Town will become an industry park for the low-altitude economy, dedicated to the research and development, manufacturing, and sales of high-end carbon fiber composites and new materials for aerospace applications; it is expected to generate an additional annual output value of 1.5 billion yuan. Currently, this project has been selected as one of Zhejiang Province’s Thousand Projects Worth Trillions of Yuan.
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Finding a ‘home’ for various greenhouse gases Carbon and technology, through innovation, are driving the industry’s transition from being policy-driven to market-driven. Qi Li said that in terms of technological innovation, the company has filed more than 20 patents; it has been granted 3 domestic invention patents, 2 international invention patents, and 9 utility model patents. The company has also received the Second Prize in the Innovation and Entrepreneurship Award from the China Invention Association. Leveraging his extensive experience in PSA gas separation, Qi Li turned his attention to other areas of gas separation. Today, Carbon and Technology has established its operations in four key areas: carbon dioxide capture and recovery, methane purification, hydrogen drying and purification, and helium purification. It provides customized process solutions for enterprises’ carbon emission reduction projects, covering the entire process from project diagnosis and economic analysis to process design and equipment supply. In 2009, Carbon and Technology launched research and development on methane purification technology. Compared to the investment of hundreds of millions of yuan required for carbon dioxide capture, the investment needed for methane recovery is as low as several million yuan; moreover, since methane can be directly converted into RNG for use as a fuel or for power generation, it offers better economic benefits. “We have calculated that the return on investment for methane purification and reuse is higher than that for carbon dioxide projects; as the demand for reducing methane greenhouse gas emissions grows, this area is expected to become a market hotspot in the next three to five years. ”Qi Li said. For the chemical industry, the key to seizing the opportunities presented by the \"dual carbon\" goals lies in transforming policy benefits into sustainable business models. To date, Carbon and Technology has established strategic partnerships with over a hundred design institutes, enterprises, and chemical industrial parks, including companies such as CNPC and Wanhua Chemical. It offers end-to-end solutions ranging from process package design to the production of key equipment. In the future, as the carbon trading market continues to expand and policies for methane management are gradually implemented, innovative enterprises like Carbon and Technology, which specialize in specific fields, will have even greater opportunities for growth.
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