On January 8, Zhe Jiang Taihua New Material Co.Ltd(603055) green multifunctional nylon new material integration project with a total investment of 12 billion yuan was started in Hongze Economic Development Zone, Huai\’an City. The project took only 70 days from signing to commencement, creating a “Hongze speed” for the implementation of 10 billion projects. After the completion of the project, it is expected to achieve an annual output value of 18 billion yuan and tax revenue of 900 million yuan. The comprehensive energy utilization rate, land use rate and local contribution rate are leading in the industry. As the largest industrial project invested in the history of the District, its successful implementation not only marks the significant achievements of Hongze District in implementing the “two wheel drive” strategy of strengthening the industrial zone and enriching the people through tourism, but also will promote the further transformation and upgrading, expansion and quality improvement of the textile and chemical fiber industry in Hongze and even Huai\’an City.
Hongze adheres to the work orientation of “project is king and environment is gold”, vigorously implements the doubling plan of industrial project introduction and construction, makes every effort to break through major projects, and speeds up the formation of three 10 billion level industrial clusters of machinery manufacturing, modern textile and salt new materials. A number of major projects with large volume and excellent quality, such as Yuanyong green differentiated functional fiber intelligent manufacturing with a total investment of 6 billion yuan and Flowserve degradable tableware with a total investment of 5.5 billion yuan, have accelerated the gathering, and achieved a new major breakthrough in tackling major projects.
(source: jiangsu.com, China)
