Hefei 30,000 Tons Acetate Fiber Tow Project Started

On December 19, the project of the annual production capacity of 30,000 tons of cellulose acetate tow by the two-dimensional Eastman Fibres Co., Ltd. started in the Xingang Industrial Park in Hefei Economic Development Zone.

It is reported that the two-dimensional Eastman Fiber Co., Ltd. is a joint venture established by China Shuangwei Investment Company, U.S. Eastman Chemical Company, Anhui Zhongyan Industrial Company and Bestway Development Co., Ltd. The project occupies a total area of ​​773 mu and is constructed in two phases. The first phase of the investment is approximately RMB 1.58 billion and covers an area of ​​approximately 177.7 mu. It mainly invests in the construction of plants and ancillary facilities with an annual output of 30,000 tons of cellulose acetate tow production capacity. It was officially put into production in 2013. After reaching production, it is expected to realize an output value of 1.188 billion yuan, an annual sales income of 1.015 billion yuan, a profit of 294 million yuan, and an annual tax payment of 156 million yuan.

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