On the evening of November 2, YTTH Advanced Materials Technology Group, China’s leading manufacturer of high-performance meta-aramid fibers and para-aramid fibers, issued an announcement showing that the company will invest RMB 500 million to expand the production of high-performance aramid fibers. Capacity.
YTTH specializes in the research and development and production of high-performance fibers. The main products are high-performance spandex, meta-aramid, and para-aramid. In March 2018, the company disclosed the "Development Plan for the Next Five Years" and plans to expand the spandex production capacity to 90,000 tons/year, the meta-aramid production capacity to 12,000 tons/year, and the para-aramid fiber production capacity to 12,000 tons. /year.
In June 2020, YTTH's NX base's high-performance para-aramid project was successfully trial-produced. The company's total para-aramid production capacity has reached 4,500 tons/year; the first phase of the YT base's high-performance meta-aramid project for protection It is expected to be put into production at the end of 2020, when the total production capacity of aramid will reach 11,000 tons/year.