China National Chemical Engineering (601117.SH): Nylon new material project reaches production.
China Chemical (601117.SH) announced that its third-tier holding subsidiary, Tianchen Qixiang New Materials Co., Ltd., has successfully implemented a non-public offering investment project for the nylon new materials project. In the 72-hour full-load performance assessment conducted recently, the key technologies and economic indicators of the adiponitrile plant have all met or exceeded the design values. The product quality is stable and controllable, and the system operates smoothly and efficiently. Currently, it has achieved full production and entered a phase of efficient and stable operation.
China National Chemical Engineering (601117.SH) announced that its subsidiary, Tianchen Qixiang New Materials Co., Ltd., a third-level controlling company, has successfully implemented a non-public offering of shares for the Nylon New Materials Project. In a recent 72-hour full load performance assessment, the key technical and economic indicators of the adiponitrile unit all met or exceeded the design values. The product quality is stable and controllable, the system operates smoothly and efficiently, and the project is now in full production and has entered a stage of efficient and stable operation.
After the official start of production of this project, it will further enhance production efficiency, reduce production costs, increase market supply capacity, enhance the company's industry influence and market competitiveness, and have a positive impact on the company's future development.
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