Nantong Jiangtian Chemical plans to implement a project to produce 60,000 tons of refined acrylic acid annually to provide support for the production of high-absorbent resin.
Jiangtian Chemical (300927.SZ) announced that the company plans to invest in the construction of a project that produces 60,000 tons of acrylic acid per year within its existing plant (No. 99 Haiya Road, Nantong Economic and Technological Development Zone). The total planned investment for the project is 49.8 million yuan.
Nantong Jiangtian Chemical (300927.SZ) announced that the company plans to invest 49.8 million yuan to build a project with an annual production capacity of 60,000 tons of acrylic acid in the existing factory in Nantong Economic and Technological Development Zone, Haiya Road, No. 99.
The project aims to provide stable, high-quality, and low-cost raw materials for the production of high-absorbent resin (SAP) by its subsidiary Sanyaya Fine Chemical (Nantong) Co., Ltd.
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