Public announcement on Yizheng Chemical Fiber’s project to produce 40,000 tons per year of TPEE elastomer material

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　　Recently, the official website of Sinopec Yizheng Chemical Fiber Co., Ltd. published a draft environmental impact assessment report for a project aimed at producing 40,000 tons per year of new functional TPEE elastomer materials, seeking public comments. 　　After years of development, Yihua Company currently has a PTA production capacity of 3 million tons (after the 3-million-ton/year production facility came online, the two existing PTA production units with a combined capacity of 1 million tons were shut down). Its polyester production capacity is 2.8 million tons per year, covering polyester chips, short fibers, hollow fibers, and bottle sheets. The company also has an annual production capacity of 3,300 tons of ultra-high molecular weight polyethylene fibers, 1,000 tons of para-aramid fibers, 140,000 tons of maleic anhydride, 6,000 tons of melt-blown fabric, and 260,000 tons of PBT. 　　As a high-performance thermoplastic elastomer, thermoplastic polyester elastomer (TPEE) is widely used in industries such as automotive, electronics, medical devices, and industrial manufacturing. With the rapid development of sectors such as new energy vehicles, 5G communications, and high-end medical devices, the demand for TPEE continues to increase. Currently, domestic TPEE production technology still faces challenges in terms of process optimization and performance stability. Yihua Company began research and development on TPEE in 2011, and by 2015 it had successfully achieved industrial production on a scale of 10,000 tons using the direct esterification method; its technology is at the leading level in China. To meet the growing demands of the rapidly expanding TPEE thermoplastic elastomer market and make full use of its existing technical advantages, Yihua Company plans to invest 241.76 million yuan to build a new production facility within its current plant site, capable of producing 40,000 tons per year of functional TPEE elastomer materials. 　　Project Name: Project for the Annual Production of 40,000 Tons of Functional TPEE Elastomer Materials
Industry Category: C2651 – Manufacturing of Primary Plastic Forms and Synthetic Resins
Project Nature: Renovation
Construction Location: Within the premises of Yizheng Chemical Fiber Company
Total Investment: The total investment for this project is 241.76 million yuan, with 1.8 million yuan allocated to environmental protection measures, accounting for 0.74% of the total investment
Land Area: 3,900㎡
Construction Period: 18 months.