From 9:58-10:28 in the morning of May 22, 2021, amidst warm applause and flowing ribbons, the groundbreaking ceremony of Xinfengming Xinyi Industrial Base was successfully held. On-site machinery horns, construction horns, and pile drivers were held. Laying the first pile foundation represents Xinfengming's first step in Zhejiang Province.
The project has a total investment of 18 billion. It is planned and constructed in phases at a time. It adopts internationally advanced large-capacity and flexible polymerization technology to build 9 internationally leading melt direct spinning and direct drawn film production lines, with a layout of 2.7 million tons of differentiated fibers. It is a model of smart factory, green factory, and garden-style factory built by the company. It is planned to be completed and put into production one after another at the end of October 22. After all are completed and put into production, the annual sales revenue will reach 26 billion yuan, and the profit and tax will be 2 billion yuan!
By then, Xinfengming's overall polyester annual production capacity will exceed 9 million tons, forming an integrated industry of polyester, long and short yarn, texturing, weaving, dyeing and finishing. The company's comprehensive competitiveness will be further strengthened, and the industry's position will be further consolidated.
Therefore, this project is not only the first step of Xinfengming’s development in the "14th Five-Year Plan", but also the company’s key layout based on the domestic cycle and complementing its own industrial chain. It is also the company’s grasp of the integration of the Yangtze River Delta to become a national development strategy. Opportunity, a good start to go all out!
Source: Chemical Network
