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[Industry Focus]:With a total investment of 2.1 billion yuan, the project with an annual output of 330000 tons of new polymer materials and 45000 tons of PMMA have been put into use.

On September 20, an investor asked Nikko Chemical on the interactive platform: PMMA trial production will be 45000 in the first quarter of 2024. What is the position of the company's PMMA products in the industry in terms of preparation process, quality and performance indicators, and does it have the technology to produce optical PMMA products?


Rike Chemical said: The company plans to invest in a new polymer material project with an annual output of 330000 tons, including a PMMA project with an annual output of 140000 tons. Currently, the project with an annual output of 45000 tons has been put into use. This part of the production capacity is mainly used as an upgrade product of the existing ACR series products. The company will pay attention to the development of related fields, timely adjustment of research and development direction and later capacity construction plan.


Annual output of 330000 tons of new polymer materials project


annual production of 330000 tons of polymer new materials project by the Nikko chemical wholly-owned subsidiary of Shandong Qiheng new materials construction. The total investment of the project is 2.1 billion yuan. The main products include 140000 tons of PMMA, 100000 tons of ACS, 40000 tons of ASA, 40000 tons of membrane products and 10000 tons of new polymer materials, which are applied to optical materials, engineering plastics, etc. All the products adopt self-developed technologies of enterprises, reaching the national single champion project standard, successfully breaking the technological monopoly of multinational companies.


As the end project of the propylene chain in Dongying Port Economic Development Zone, this project is a supplementary extension of the industrial chain of the enterprises in the zone, such as Corul acrylonitrile and Wanda Hongxu MMA. While realizing cost reduction and efficiency increase, it will effectively lead the downstream products of the propylene industry chain in the region to enter the fields of high-end optical materials and high added value.

Source: Nikko Chemical, New Chemical Materials
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