The establishment of a 100 billion-grade new material (petrochemical) industrial cluster is the need for the transformation and upgrading of the city and economy in Jiangyin, Jiangsu. The current total investment of 920 million yuan in the chemical industry 100,000 tons of special epoxy resin project, a total investment of 250 million yuan AIA 30,000 tons of polyurethane projects, a total investment of 550 million yuan Chenghong packaging PET project, a total investment of 150 million yuan to build A number of projects such as chemical resins have been stepped up for approval.
They are focusing on nurturing and developing five major industrial chains. Firstly, based on the existing production enterprises such as EPS Jiasheng, the raw material styrene is connected upward and the thermal insulation (packaging) application is extended. At present, the second production line of Jiasheng is under tight assembly and is expected to reach 1 billion yuan in sales this year; Secondly, based on the raw material asphalt production enterprises, the company will extend the development of heavy traffic asphalt-modified asphalt-waterproof materials, focusing on the development of PetroChina's merger and acquisition of Alpha Asphalt Co., Ltd. It is expected that all M&A procedures will be completed by the end of the year; the third is based on PTA. To expand into the PET non-fiber polyester industry, and focus on the construction and promotion of the 600,000-ton PTA project of Hanbang Petrochemical; and on the basis of the construction of the epoxy resin manufacturer Jianou as an extension to the electronic CCL and composite materials. At present, Jianye has initially formed an industrial chain in Tutu Town, which is expected to form a sales scale of nearly 5 billion within two years. Fifth, it is based on aromatic polyester polyols and unsaturated resins of Fusheng Chemical and AIA Chemicals, forming a polyester and resin industry. group.
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