"Polyformaldehyde new material production base" project was jointly funded by Beijing Guohua Xinxing Energy-saving and Environmental Protection Technology Co., Ltd., China Cinda Asset Management Co., Ltd. and China Chemical Group Sading Design Institute. The planned investment is 6 billion yuan, and the construction land is about 300 Mu; the project is constructed in two phases: the planned investment in the first phase is 1.5 billion yuan, the construction period is 18 months, the planned investment in the second phase is 4.5 billion yuan, and the construction period is 24 months. After the completion of the first phase of the project, the annual sales will reach 560 million yuan and the profit will reach 269 million yuan.
The country ’s “Belt and Road” construction has provided Xinjiang with unprecedented opportunities for development. Xinjiang ’s unique resources and geographical advantages are very suitable for the development of new materials industries. The commissioning of the “Polyformaldehyde New Material Production Base” project base will mark the “Belt and Road” The “One Way” 10,000-ton level polyformaldehyde device was officially put into operation, breaking the monopoly of foreign companies on the Chinese polyformaldehyde market and filling the gap in domestic high-quality polyformaldehyde production. The company will also introduce talents into scale, system, and echelon to Urumqi through project construction, and contribute its own strength to the "Belt and Road" construction.
Beijing Guohua Xinxing Energy-saving and Environmental Protection Technology Co., Ltd. is a high-tech enterprise integrating technology, engineering and trade. Based on independent research and development, it has a number of technologies and products with independent intellectual property rights. It is a representative enterprise of China's polyformaldehyde industry. The polyoxymethylene project is a kind of engineering plastic that can be used in products such as heart brackets, air-conditioning panels, clothing zippers, etc., using methanol produced from coking coke oven gas as raw material. It is said that it can replace zinc, brass, aluminum and steel in some aspects. It is one of the world's top five engineering plastics and is widely used in the aerospace industry, automotive industry, electronics, electrical and instrumentation, and pipe fittings. With the rapid development of the aerospace industry, the automotive industry, and electronics, the demand in the world is growing at a rate of about 5% every year, which has broad development prospects.