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Jiangtian Chemical announced that it plans to invest in building a project capable of producing 60,000 tons of refined acrylic acid per year within its existing factory complex, with the total investment for this project estimated at 49.8 million RMB. The main sources of funding for the project are own funds and self-raised funds, with an estimated construction period of 1 year. The project aims to provide stable, high-quality, and cost-effective raw materials for the production of superabsorbent resins by the subsidiary, Sanya Fine Chemicals (Nantong) Co., Ltd. By adopting advanced falling-film crystallization technology, it seeks to achieve simultaneous improvements in safety, environmental protection, economic efficiency, and industrial coordination. The implementation of this project will end the situation in which pure acrylic acid relies entirely on external purchases, ensuring supply chain security and enhancing overall control over key raw materials. It will also strengthen the foundation of the industrial chain, which is of great significance for the company’s achievement of high-quality sustainable development. Project Overview 1. Project Name: Project for Annual Production of 60,000 Tons of High-Purity Acrylic Acid ; 2. Project location: No. 99 Haiya Road, Nantong Economic and Technological Development Zone ; 3. Implementing entity: Jiangtian Chemical ; 4. Project site: Utilize the company’s existing land; no additional land needs to be acquired ; 5. Project investment budget: The total investment amount is 49.8 million RMB (including taxes); the actual total investment for the project will be determined based on the actual investment and construction costs ; 6. Construction period: The construction period is 1 year, and it will be determined based on the actual investment and construction progress ; 7. Source of funds: The company’s own funds and self-raised funds ; 8. Project construction content: The company plans to invest in a project with an annual production capacity of 60,000 tons of high-purity acrylic acid. The purpose of this project is to provide stable, high-quality, and low-cost raw materials for the production of superabsorbent resins (hereinafter referred to as “SAP”) by its subsidiary, Sandaya Fine Chemicals (Nantong) Co., Ltd. (hereinafter referred to as “Sandaya”). By employing advanced falling-film crystallization technology, it is possible to achieve simultaneous improvements in safety, environmental protection, economic efficiency, and industrial coordination.
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