China Chemical: The amount of newly signed contracts is growing rapidly, and the volume of the adiponitrile project is imminent

Latest News: On the evening of June 13, 2022, China Chemical released a briefing on its operations from January to May. From January to May 2022, the company’s cumulative operating income was 59.739 billion yuan, a year-on-year increase of 38.05%; The cumulative value of newly signed contracts was 139.827 billion yuan, a year-on-year increase of 59.28%.

The amount of newly signed contracts has risen sharply, mainly due to the increase in the demand for domestic chemical construction projects. From January to May 2022, the company’s cumulative operating income was 59.739 billion yuan, a year-on-year increase of 38.05%. Among them, the operating income in May was 13.191 billion yuan; The contract value was 139.827 billion yuan, a year-on-year increase of 59.28%, of which the newly signed contract value in May was 15.772 billion yuan.

In terms of business types, 1,306 construction projects were contracted, with a cumulative newly signed contract value of 131.476 billion yuan; 878 survey and design supervision consultations, with a cumulative newly signed contract value of 2.759 billion yuan; industrial and new material sales/
Modern service industry/
The accumulated new contract value of other businesses reached 3.393 billion yuan/1.762 billion yuan/437 million yuan. The rapid growth of the construction project contracting business is mainly due to the increase in national policies, the expansion of infrastructure investment, and the rising demand for construction projects in the chemical industry.

In terms of regional distribution, the domestic contract value reached 122.175 billion yuan, a year-on-year increase of 48.23%, mainly due to the rising demand for construction projects in the domestic chemical industry; the overseas contract value reached 17.653 billion yuan, a year-on-year increase of 229.01%, mainly due to the impact of foreign epidemics. ease.

The adiponitrile project progressed steadily, accelerated the transformation of the new material track to the hexamethylene diamine plant and successfully started the operation, and the localization of adiponitrile was steadily advanced. On March 31, the company’s subsidiary Tianchen Qixiang New Materials Co., Ltd. Nylon New Material Project (Phase I) hexamethylenediamine plant successfully started up at one time. The plant successfully produced the first batch of qualified products, and the product quality reached excellent grade. The company promotes the production and operation of the adiponitrile production unit as planned, and makes every effort to ensure the smooth output of adiponitrile products. Tianchen Qixiang’s hexamethylenediamine plant was successfully commissioned, which will play an important role in making up for the shortcomings of my country’s nylon industry chain and expanding the market application pattern. The company will continue to accelerate the localization of adiponitrile and transform to the new material track. At the same time, the company has also made corresponding progress in other new material projects: the Hualu new material aerogel project was successfully started on February 27, 2022, and the first batch of qualified silicon-based nano aerogel composite thermal insulation felt products has been produced. ; Degradable plastic PBAT created by Sinochem Tianye New Materials Co., Ltd., a subsidiary of the company’s subsidiary Chemical Industry Third Design Institute Co., Ltd.
The first phase of the project with an annual output of 100,000 tons of PBAT has been successfully completed mechanically and has entered the stage of start-up and trial production.

The company continues to promote the technical reserve and research and development of new materials, and accelerates the expansion into the field of new materials. The company adheres to the collaborative innovation of production, education and research, strengthens key technology research, focuses on the field of new chemical materials, and breaks through the core technologies of adiponitrile and other series of “stuck neck”. In the field of new materials, R&D and mastery of new chemical products such as caprolactam, adiponitrile, diphenylmethane diisocyanate (MDI), toluene diisocyanate (TDI), polysilicon, silicone, phenolacetone, polycarbonate, molten salt heat storage, etc. The core technologies in the fields of materials and new energy have reached the international advanced level. According to the company announcement, the “Dry DC Capacitor Dielectric Film Materials” project and the “100,000-ton Renewable Energy Electrolysis Water Electrolysis Hydrogen Synthesis Ammonia Demonstration Project” participated by the company entered the Ministry of Science and Technology’s 2021 National Key R&D Plan Public List. POE
The project has completed the pilot-scale process package and project site selection, and has now entered the pilot-scale design and construction stage; the construction of the MCH (methyl cyclohexane) pilot-scale plant and the preparation of catalysts have been completed, and it has been successfully started and maintained stable operation; The high-efficiency and environmentally friendly catalyst project has provided small-scale samples to relevant suppliers, which have passed the performance test of the China Automotive Research Institute Automobile Inspection Center. The Nylon 12 project has completed the pilot process package, and will build a thousand-ton pilot plant at the Zibo base. The first domestic HPPO (propylene oxide) industrialization plant built with its own technology was successfully put into operation in Jiangsu Fuqiang New Materials Co., Ltd. The pilot project of waste gasification in Tengzhou, Shandong has been mechanically completed, and the test run will be started soon. Construction of a waste-to-hydrogen oil display device in Fangshan, Beijing, has been put into trial operation, and the purity of the hydrogen produced has reached the standard. The large-scale supercritical carbon dioxide cycle generator set involved in research and development was put into operation in Xi’an. The carbon black recycling project has completed laboratory sample preparation. The all-position intelligent welding robot relies on the Leshan polysilicon project in Sichuan to complete the final acceptance, and is being promoted and used on the basis of projects under construction.

The integrated development strategy of “focusing on the main business + extension of high value-added materials”, the company’s future development can be expected to highlight the chemical engineering advantage business, expand infrastructure business, and accelerate the layout of strategic emerging industries to promote industrial development. The company insists on focusing on the main business, extending to high value-added industrial fields, focusing on polyolefin elastomers (POE), environmental catalysts, PBAT, ASA
Resin, Polyimide, Flame Retardant Nylon, Nylon 12, Garbage Gasification, MCH
In the technical fields of a number of mid-to-high-end high value-added products such as hydrogen storage, the pilot R&D, pilot scale-up and industrial transformation of key technologies will be promoted in an orderly manner, and the product chain, industrial chain and value chain of the R&D sector and the industrial sector will be continuously extended.

The company is expected to become a comprehensive service provider of carbon neutral solutions in the double carbon era. As a first-class engineering company, the company has profound technical background and strong R&D and innovation capabilities. It not only accumulates rich experience in the traditional large chemical industry, but also achieves breakthroughs in independent research and development in the fields of trona and phosphorus chemical industry. In the carbon-neutral era, the company has carried out research and development of related high-end new material technologies in the fields of photovoltaics, wind energy, high-efficiency energy storage and hydrogen energy utilization. On the one hand, the company can promote the self-developed POE, POM, ASA
And many new materials are industrialized to further improve the layout of new materials and achieve greater development of the industrial sector. On the other hand, with many technical means of carbon reduction and carbon sequestration, as well as the environmentally friendly development path of green phosphorus chemical industry, the company is expected to become a carbon neutral in the double-carbon era. A comprehensive service provider of and solutions.