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Unit：
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Lianjiang Kemen Economic Development Zone Management Committee
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Project Area：
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Fuzhou-lianjiang
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Industry：
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New Materials Industry
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Type of Project:
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New Project
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Cooperation Mode：
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Individual Proprietorship,Joint Venture,Collaborate
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Nature of Project：
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Encourage
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Working Progress in Prior Period：
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Not yet.
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Total Investment：
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1000 million yuan
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Expected to Attract Investment：
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1000 million yuan
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Content and Scale：
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Polytetrahydrofuran, also known as polytetramemethylene ether glycol, PTMEG for short, is a homopolymer got by cationic ring-opening polymerization of monomer tetrahydrofuran (THF for short). It is widely applied in the preparation of high-grade polyurethane (PU) products, such as spandex elastic fiber, polyurethane elastomer and high resilience foam. Construction Reason: With the development of spandex production, China has become the world's biggest PTMEG production and consumption country. At present, China’s PTMEG output is 660,000t/a, with manufacturers spreading over energy sources, such as Shaanxi, Inner Mongolia, Ningxia and Xinjiang. But due to such reasons as product quality, PTMEG products are still imported from Taiwan and some other regions every year. We imported 52,000t in 2016, among which Xiamen Lilong Spandex Co., Ltd. imported 10,000t for its 15,000t/a spandex production facilities. Even though the domestic output of PTMEG is greater than its market demand, as Fujian is far from PTMEG origin, the high raw material transport cost will increase the production cost of spandex. Thus, it is very necessary to have PTMEG production in the Park.
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The development of Fujian's new materials industry is accelerating, with increasing industrial clustering effects, gradual improvement of the innovation system, and continuous enrichment of new material varieties. A group of leading backbone enterprises has been cultivated, including CATL, San'an Optoelectronics, Wanhua Chemical (Fujian), Xiamen Tungsten, Fuyao Glass, Tsingshan Group, Zijin Mining Group, Highsun Group, and Eversun Group. Leveraging the driving role of these leading enterprises, Fujian has established a number of distinctive new materials clusters with certain influence domestically and internationally, focusing on optoelectronic information materials, advanced chemical materials, new energy materials, advanced non-ferrous metal materials, rare earth new materials, stainless steel, and advanced textile functional materials. 4 industrial clusters have been selected as national-level characteristic clusters for small and medium-sized enterprises: the Fuzhou Changle Textile New Materials Cluster, the Shaowu Fluorine New Materials Cluster, the Jinjiang Sports Shoes Raw and Auxiliary Materials Cluster, and the Wuping Display Module and Material Manufacturing Cluster. The Ningde Wanwu Stainless Steel Industrial Park has been recognized as a national-level new industrialization demonstration base.
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