Qingyuan Chuangmai New Materials’ annual production project of 10,000 tons of low-cost, high-performance carbon fiber
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The signing ceremony for the framework cooperation on the \"10,000-ton-per-year low-cost, high-performance carbon fiber production project\" between the People’s Government of Qingxin District, Qingyuan City, and Anhui Chuangmai New Materials Technology Co., Ltd. was held at the Urban Lounge in Qingxin District. It is reported that following the establishment of the cooperation agreement, Anhui Chuangmai New Materials Technology Co., Ltd. plans to invest in setting up a new enterprise in Qingxin District, and to fund the construction of a project for producing 10,000 tons per year of low-cost, high-performance carbon fiber products. The total investment for this project will be no less than 2.5 billion yuan, with the site chosen to be in Heyun Town. The project primarily uses polyacrylonitrile filaments as raw materials, which are converted into high-grade carbon fiber products through carbonization; upon completion, it is expected to generate an output value of no less than 3 billion yuan. The new materials industry is a fundamental and pivotal strategic industry for modern high-tech; any high-tech advancement relies on new materials technology as a prerequisite. Among them, carbon fiber is regarded as the king of new materials – it is as hard as rock yet as flexible as hair. It is widely used in various industrial fields and serves as an important raw material for the development of strategic emerging industries such as wind power, high-end equipment manufacturing, and new energy vehicles. It is also a crucial foundation for the design and upgrading of large aircraft, satellites, ships, and other equipment; it is thus referred to in the industry as \"black gold\". In recent years, the market for carbon fiber has been expanding steadily. The global market size is around 2.5 billion dollars, with a production capacity of about 120,000 tons. It is estimated that by 2025, the domestic demand for carbon fiber in China will reach 160,000 tons, accounting for over 60% of the global demand. The carbon fiber industry is a specialty materials sector with high entry barriers, and it boasts promising development prospects. The signing of this carbon fiber project will inject new momentum into the high-quality development of the Qingxin manufacturing industry
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