On August 17, Xinan Chemical announced that it plans to sign a joint venture contract with Evonik Degussa (China) Investment Co., Ltd. ("Evonik") to jointly invest and establish a win in Zhenjiang New Materials Industrial Park Chuangxinan (Zhenjiang) Silicon Materials Co., Ltd. (tentatively called "Win Chuangan"), builds 8000 tons of fumed silica projects per year.
The announcement shows that Evonik is mainly engaged in the production and sales of silicon material products and by-products. The company's registered capital is 160 million yuan, of which the company invested 64 million yuan, accounting for 40% of the capital contribution; Evonik invested 96 million yuan, accounting for 60% of the capital contribution. The project is expected to start project construction in the fourth quarter of 2019 (the preliminary work is scheduled for 12 months, and strive to shorten the previous period). The construction period is about 18 months, and the trial production will be at the latest in the second quarter of 2021. Evonik is responsible for project construction technology, product sales, and application technology services. The supply of raw materials is provided by the company's Zhenjiang Jiangnan Chemical Organic Silicon Plant to Evonik. The main raw materials are needed for production. The price is based on the market price of the contained silicon metal plus reasonable processing costs.
Xin'an Chemical said that on the one hand, this cooperation investment can ensure the stable recycling of organic silicon by-product resources in the company's Zhenjiang block through Evonik's existing high-end market share in China and its first-class fumed silica technology. Environmental and safety risks; on the other hand, the company will also reap the rewards of Evonik's high-end fumed silica products; in addition, this cooperation with Evonik will deepen and expand the other areas in the future. Laying the foundation for cooperation.
Xin'an Chemical has two main industries: crop protection and organic silicon materials. Developed a product group led by glyphosate original medicines and dosage products, with simultaneous development of multiple varieties such as pesticides and fungicides; around the synthesis of organic silicon monomers, the construction of silicon ore smelting, silicon powder processing, monomer synthesis, The complete industrial chain for downstream product processing has formed four major series of products including silicone rubber, silicone oil, silicone resin, and silane coupling agent, and has become an organic silicon enterprise with the advantages of the entire industrial chain. It belongs to the top 500 chemical companies in China and the top 20 global agrochemical sales company.
Evonik
A global leader in chemical raw materials with a wide range of products. For the fumed silica (fumed silica) of this project, taking green tire products as an example, Evonik has been a long-term supplier of organosilane reinforcement systems, which plays a key role in tire tread performance. Role.