A total investment of 44 billion yuan in composite project construction

On May 10th, the first phase of the 1.8 million-ton composites project of Erdos Yongjie New Materials Co., Ltd., with a total investment of 44 billion yuan, was laid at the foundation of the Zhuhai Coal Road Chemical Industry Base.

Ordos Yongjie New Material Co., Ltd. 1.8 million tons composite materials project was jointly invested by Shanghai Jieshijie New Material Group and Dongda Mongolia King. The project will use its own core technology and rely on existing local coal-to-methanol resources to build an integrated industrial cluster of coal chemicals, engineering plastics and composite sheet and large components. The main products are TPAC structural plates and composite materials construction templates. They are mainly used for refrigerated container siding, train box cars, and highway protection plates. They can replace various types of all-steel large formwork, bamboo-wood plywood and other traditional technologies, and are environmentally friendly. The features of energy saving and safety are a wide range of new industrial materials that are versatile, resistant to acids, alkalis, moisture, corrosion, and light weight.

After the project is completed, it can form an industrial base with a production capacity of 1.8 million tons of special materials and composite materials and large-scale components, an annual output value of 40 billion yuan, and a profit and tax of 12 billion yuan. The first phase of the project produces composite sheet materials, with an investment of 8.4 billion yuan and an annual output of 320,000 tons, including 200,000 tons of composite materials and 120,000 tons of large-scale components. The commencement of construction of the project and its future production development are conducive to the transformation of the coal resources of Zhunqi County, the extension of the coal chemical industry and the transformation and upgrading of the industrial structure. It is important for the Quzhou Banner to increase energy conservation and emission reduction, develop a low-carbon economy, and develop a recycling economy. Demonstration significance and realistic economic and social benefits. The total project work is divided into two phases, of which the first phase of the project is expected to be completed and put into operation in 2012.

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