Recently, the first polyester plant of Tongkun Group Jiatong Energy ushered in the grand moment of commissioning. At 08:58 in the morning, five leaders including Zhang Xingguo, deputy secretary of the Rudong County Party Committee and secretary of the Yangkou Port Party Working Committee, Shen Fuqiang, vice president of Tongkun Group and commander-in-chief of Jiatong Energy, and Wang Qingguo of China Kunlun Engineering Company, pressed the start button together. The first set of polyester equipment was officially put into operation.
At 22:58 in the middle of the night, under the expectant gaze of everyone, the first batch of slices was successfully produced. After testing, the indicators were excellent and zero waste was achieved – this marked the start-up of the first polyester unit of the Jiatong Energy Project. A success!
Annual output of 5 million tons of PTA and 2.4 million tons of new functional fibers
The project is put into operation and is a key step in ensuring the success of the Jiangsu region
It is understood that the total investment of the project exceeds 20 billion yuan and covers an area of about 2,400 acres. Once fully put into operation, it will have an annual output of 5 million tons of PTA and 2.4 million tons of new functional fibers, with an annual output value exceeding 40 billion yuan and providing more than 5,000 jobs. After the project is put into production, it will realize personalized customized production of products, which can meet customers’ needs for different functional fibers, further radiate into surrounding markets, and be a key component for the group to build a national full industry chain layout and establish a good layout in Jiangsu region.
At the same time, as the world’s first device to realize integrated production of PTA-polyester-filament in the same factory, integrated production can not only reduce land use and investment costs, but also greatly reduce comprehensive production and operation costs, strengthening the core of the enterprise. Competitiveness; at the same time, the project adopts the world’s most advanced PTA and polyester spinning technology, and uses intelligent manufacturing technology, advanced control technology, and clean energy technology to effectively realize resource integration and recycling, and implement the “low-energy” strategy for the entire industry chain for the group. Contribute to the goal of “consumption and low emissions”.
Tongkun has concentrated on launching many projects in recent years
Continuously improve the layout of industrial space
Consolidate current leading position
On the basis of the successive commissioning of refining and chemical projects, last year, the chemical fiber industry, represented by large polyester companies, began a new round of investment in PTA projects. At the same time, a number of new polyester and polyester projects were announced to be put into production, and a number of new The polyester polyester and new material projects were announced. In recent years, Tongkun Group has continued to deepen its development and actively expanded its strategic layout. It has launched multiple projects intensively and started new projects in many places. It has continued to improve its industrial spatial layout and consolidate its current leading position.
Tongkun polyester integrated project construction with an annual output of 5 million tons of PTA and 2.4 million tons of polyester spinning project: The project started in January 2020, with a total investment of 20 billion yuan, with an annual output of 5 million tons of PTA and 2.4 million tons of new After all the functional fibers are put into production, the output value is expected to reach 35 billion yuan, with profits and taxes of 3.5 billion yuan. After the project is completed, it will realize the continuous production of PTA, polyester and spinning for the first time in the world and realize the integration of the industrial chain.
Zhejiang Hengxiang’s annual production capacity of 150,000 tons of surfactants and 200,000 tons of textile-specific auxiliaries construction project: This project will build surfactant production devices – 12 sets of ethoxylation devices, 6 sets of esterification devices, special for textiles Auxiliary production equipment – 10 sets of spinning oil equipment, as well as supporting auxiliary equipment, public works and environmental protection projects. After completion, it will form an annual production capacity of 150,000 tons of surfactants and 200,000 tons of special textile auxiliaries. The chemical fiber oil produced after the project is put into operation can effectively reduce the processing cost of filament production on the one hand, and on the other hand it can probably fill the gap in the domestic market.
Tongkun Shuyang’s 2.4 million tons of filament (short fiber), 500 texturing machines, 10,000 looms, supporting dyeing and finishing and public thermal energy center projects continue to advance. The project promotes Tongkun Co., Ltd. to weave and dye downstream of filament The whole process will be extended to form integrated spinning, weaving and dyeing capabilities, further increase the added value of end products, enhance scale cost advantages, and enhance corporate competitiveness.
Zhangzhou Guleigang Economic Development Zone has an annual output of 2 million tons of polyester fiber: Tongkun Co., Ltd. issued a project announcement in June 2021, and plans to acquire approximately 1,800 acres of planned land for the main factory area to form an annual production of 2 million tons of polyester fiber. Capacity to build 500 texturing machines and 2,000 loom projects. The project can help Tongkun complete the extension of the “aromatics-PTA-polyester-civilian silk-weaving-dyeing and finishing” industrial chain, form the ability to integrate spinning and weaving, enhance scale cost advantages, and enhance corporate competitiveness.
Tongkun Co., Ltd. released its 2021 semi-annual report on August 17, 2021. In the first half of the year, it achieved operating income of 30.19 billion yuan, a year-on-year increase of 41.43% in the first half of 2020, and realized a net profit attributable to the parent company of 4.134 billion yuan, a year-on-year increase of 309%. Net profit attributable to parent companies was 4.136 billion yuan, a year-on-year increase of 310.7%. In Q2 2021, operating income was 19.053 billion yuan, an increase of 71.14% from Q1 2021, and net profit attributable to the parent company was 2.417 billion yuan, an increase of 40.75% from the previous quarter.
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