Since the start of the organizational reform in early 2020, Tianyuan Technology Group has made every effort to develop high-quality, high-value-added products, continuously improve its product structure, and increase industrial investment on the basis of consolidated operation and management.
On November 13, Tianyuan Technology Group's three major expansion and new projects in Tianyuan Industrial Science and Technology Park in Yuan'an, Yichang were approved, and the "Hubei Province Fixed Asset Investment Project Recording Certificate" was obtained. The total investment of the project is expected to be 486 million yuan. This is another acceleration of Tianyuan Technology Group since the start of the ammonium perchlorate expansion project in October this year.
Expansion and speed up, three major projects have been approved!
1、Annual output of 5000 tons of ammonium perchlorate
Tianyuan (Yichang) New Material Technology Co., Ltd.-an annual output of 5,000 tons of ammonium perchlorate (Phase III project). This project is an expansion project and the planned start time is March 2021. The total investment of the project is 185 million yuan.
2、Annual output of 5000 tons of polyvinyl acetal series
With an annual output of 5,000 tons of polyvinyl acetal products, this project is a newly built project with a planned start time of December 2020 and a total investment of 168 million yuan.
3、Annual production of 2,000 tons of liquid rubber
With an annual output of 2,000 tons of liquid rubber, this project is a new project. The planned start time is August 2021. The project investment is 133 million yuan.
After the expansion, the annual output value will reach 1 billion yuan!
The ammonium perchlorate expansion project of Tianyuan Industrial Science and Technology Park is expected to be put into operation in April next year. The total output of the first and second phases of the ammonium perchlorate project will reach 5,000 tons, and the annual output will be 10,000 tons by the end of 2022. In the future, coupled with the other two new projects mentioned above, Tianyuan Industrial Technology Park will achieve an annual output value of 1 billion yuan.
Yuan'an Tianyuan Industrial Technology Park
Tianyuan Technology Group established Tianyuan (Hubei) New Material Technology Park Group Co., Ltd. in Yuan'an County in 2015 to plan and build Yuan'an Tianyuan Industrial Technology Park.
The Science and Technology Park covers an area of 3,000 acres and was listed in the top ten key support units of Hubei Province and the key construction project of the military-civilian integration industry planning of Yuan'an County, Yichang City in 2018.
