Yuntianhua Strengthens Advanced Material Business
Year:2009 ISSUE:24
COLUMN:NEW SETUP, AGREEMENT & PLAN
Click:201    DateTime:Aug.26,2009
Yuntianhua Strengthens Advanced Material Business      

Yunnan Yuntianhua Co., Ltd. (Yuntianhua, SH: 600096) said on August 10th it will invest RMB120 million to build a complex for advanced energy materials in Yanjia Industrial Park in Chongqing. The complex will include a research and development center for advanced materials and manufacture facilities for downstream products of polyoxymethylene (POM) as well as high-performance microporous membrane.
   The manufacture facilities include a 10 000 t/a modified POM line (9 000 t/a for modified POM and 1 000 t/a for glass fiber reinforced engineering plastic) using POM and engineering plastic as raw materials, a 15 million square meters-a-year line for high-performance microporous membrane in Li-ion battery using polyethylene as feedstock.
   The modified engineering plastic project is an extension in the industry chain of POM and glass fiber, the company said. The project will expand the applications of the company's products and substantially enhance the company's competitiveness in the fields of POM and advanced materials.
   The high-performance microporous membrane research project means Yuntianhua will soon tap the advanced material business with high value added, and it will further improve the company's profit margins, and pave the way for its future entrance into the new energy industry.