China National Chemical Engineering Co.Ltd(601117) adiponitrile project is expected to produce qualified acrylonitrile products in mid March

On the evening of March 9th, China National Chemical Engineering Co.Ltd(601117) announced the latest development of adiponectin project, aerogel project and PBAT project currently under construction.

China National Chemical Engineering Co.Ltd(601117) takes Tianchen Qixiang New Material Co., Ltd. (hereinafter referred to as “Tianchen Qixiang”), a subsidiary of China Tianchen Engineering Co., Ltd., as the transformation platform of adiponitrile independent technology to build China National Chemical Engineering Co.Ltd(601117) nylon new material industrial base. Up to now, Tianchen Qixiang adiponitrile project has entered the staggered period of intermediate delivery and trial production, and the bulk chemical raw materials required for production have entered the site. According to the site progress introduction, it is expected that the acrylonitrile unit will produce qualified acrylonitrile products in mid March 2022, the hexanediamine unit will produce qualified hexanediamine products by the end of March 2022, and the hexanediamine unit is expected to produce qualified hexanediamine products in early April 2022.

Combined with the current commodity market, Tianchen Qixiang has formulated a product sales plan. Adiponitrile series products include hexanediamine, nylon 66 and its by-products. In terms of product sales, we focus on integrating the downstream customer resources of hexanediamine. At present, we have carried out strategic cooperation with more than 10 customers, and cultivated the downstream potential market and customers of nylon 66, including users of modification, spinning and so on.

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