At 11:18 am on May 30, Sichuan Nengtou Chemical New Materials Co., Ltd. held the first batch of PTA product departure ceremony.

Li Feng, general manager of Chuan Neng Chemical, announced that "the first batch of PTA products started the ceremony". In the thunderous applause of the scene, the car whistle, fireworks, and colorful balls, Chuaneng Chemical’s first batch of 2,450 tons of PTA products carried Everyone's beliefs and expectations are slowly moving to the factory area, of which 2,000 tons are sent to the East China market and 450 tons are sent to the Yibin Wuliangye Polyester Factory.

It is understood that Chuan Neng Chemical was established on September 27, 2018, and it is engaged in the production management of the company by leasing the 1 million tons/year PTA unit.

With the support and assistance of the Sichuan Provincial Party Committee and the Provincial Government, the Nanchong Municipal Party Committee and the relevant government, Sichuan can vote for the strength of the whole group. After more than 8 months of difficult journeys, more than 6,500 projects have been completed. The staff adopted the "5+2" and "white + black" working methods, united and attacked hard. On May 21, a chemical investment was successfully started, and on May 22, the products were successfully produced, as of May 30. So far, the company has continuously optimized the process indicators and seized the shortage. The load of the equipment has been increased from 60% to 80% at the time of feeding, and 16,000 tons of high-quality products have been produced.

The successful launch of the first batch of products marks that our production process has been fully integrated, and PTA products have been officially put into the market. This is a milestone for Chuaneng Chemical and will also inject new vitality into Nanchong's economic take-off and will also promote The Group can invest in high-quality development and re-innovation level, making new contributions to the governance of Xingchuan.

At present, the Energy Investment Group has provided 500 million yuan of financial support to Chuaneng Chemical Co., Ltd., in order to achieve the standardization of the equipment, it will provide 500 million yuan of working capital. After the project is put into production smoothly, it will realize an annual sales income of 7 billion yuan.

At the same time, it is understood that the project is located in Nanchong Economic Development Zone. It is the second large-scale PTA project in the western region. The total investment is about 4.5 billion yuan, covering an area of about 960 acres. The annual output of PTA can reach 1 million tons, and the annual output value is about 6 billion. yuan.

Nanchong Economic Development Zone, as one of the three major petrochemical industrial bases planned by Sichuan Province, Sichuan Province Circular Economy Demonstration Zone and Qianyi Chemical Industrial Park, mainly develops aromatics and downstream industries, fine chemical industry and chemical new materials industry.

The successful launch of the PTA project has laid a solid foundation for the development of the Nanchong Petrochemical Industrial Park. According to the local government, the next step, Nanchong City will focus on the PTA project, to create downstream polyester, PET (polyethylene terephthalate), styrene, polystyrene and other projects to achieve PTA The product is digested nearby, improving the profitability of the company and realizing the development of "holding the group".

It is expected that after the formation of the whole industrial chain of PTA, it will provide nearly 24 billion yuan for the "100 billion clusters of oil and gas chemicals" in Nanchong City, and solve the employment of more than 1,000 people and create more than 2 billion yuan in taxes.