Xinfengming Invested 18 Billion In Northern Jiangsu: 2.7 Million Tons Polyester Project Officially Started!

On the morning of May 22, the commencement ceremony of polyester project of xinfengming Xinyi industrial base was successfully held. It is understood that the project plans to adopt international advanced high-capacity and flexible polymerization technology, build 9 sets of polymerization units, international leading melt direct spinning (direct drawing film) production line, utilities and other supporting facilities, 500 texturing machines, 10000 looms, supporting post dyeing and finishing and public heat energy center, with purified terephthalic acid (PTA) and ethylene glycol (MEG) as the main raw materials, In order to form an annual production capacity of 2.7 million tons of polyester (filament, staple fiber, film, chip, etc.). The investment amount of the project is 18 billion yuan, and the land area is about 3650 mu (including 150 mu of supporting commercial and residential land). According to the principle of one-time planning and phased implementation, the project will gradually build a high-end textile industrial park. It is planned to be completed and put into operation at the end of October 2022. After all the projects are completed and put into operation, the annual sales revenue will reach 26 billion yuan and the profits and taxes will reach 2 billion yuan!