The new materials integrated propylene value chain project of Chengzhi Co., Ltd. has been put into operation
On October 28th, the product launch event of Chengzhi Co., LTD. 's new materials integrated propylene value chain project and the kick-off ceremony of the high-end optical new materials project were held in Nanjing Jiangbei New Materials Science and Technology Park.
According to Wei Junmin, the director and president of Chengzhi Co., LTD., the total investment of this project is 1.05 billion yuan. The facility was successfully started up in one go and produced qualified products on the same day, achieving the goal of "zero accidents" in terms of safety and quality since the start of construction.
Long Dawei, the chairman of Chengzhi Co., LTD., stated that the construction and commissioning of the new materials integrated propylene value chain project have set a good start for the "Chengzhi Co., LTD. 2.0 Version" strategic development. In the future, the company will further expand the influence of the carbon One industrial chain, promote the strengthening and extension of the carbon One industrial chain, adhere to technological innovation, drive the transformation of old and new growth drivers with new quality productivity, and achieve high-quality development.
Lu Weidong, a member of the Standing Committee of the Nanjing Municipal Committee of the Communist Party of China and the Party Secretary of Jiangbei New Area, said that the new materials integrated propylene value chain project took only over eight months from the start of construction to production. It is the first major project with an investment of over 1 billion yuan in Nanjing Jiangbei New Area to start construction and go into production in the same year in 2024, and it is also a typical case and vivid presentation of the new area's in-depth advancement of the "Four Major Actions".
Chengzhi Co., Ltd. stated that the commissioning of the new materials integrated propylene value chain project and the market launch of octanol products will further enhance the added value and profitability of the company's existing industries, bringing new development opportunities and growth momentum to the company.
At the event, Chengzhi Co., Ltd. signed a strategic cooperation agreement and a technology licensing agreement for the Nanjing Chengzhi project with Zhejiang Zhiying Petrochemical Technology Co., LTD. Chengzhi Co., Ltd. also signed a strategic cooperation agreement for the research institute and an agreement for the entry of high-end optical new materials projects into the Nanjing Jiangbei New Materials Science and Technology Park.