Zhejiang Zhihe’s 100,000-ton epoxy resin project will be put into production in 2023

Latest News: August 16th news, obtained from Quzhou Development and Reform, Zhejiang Zhihe New Material Technology Co., Ltd. has an annual output of 300,000 tons of wind power and key materials for new energy vehicles manufacturing projects in Zhejiang Quzhou is speeding up the construction. The total investment of the project is about 2.5 billion yuan, with a planned total land area of ​​180 mu and a total construction area of ​​72,000 square meters.

The project is implemented in two phases:

The first phase is planned to be constructed from September 2021 to September 2023, with a land area of ​​100 mu, and a new complex building, raw material pre-dissolving area, raw material warehouse, bisphenol A epoxy resin process area, epoxy resin system material workshop and other structures . The annual output of liquid epoxy resin is 100,000 tons (in principle, all of them are used for the production of liquid resin system materials, and some may be sold due to market fluctuations); the annual output of liquid resin system materials is 200,000 tons; the annual output of by-product industrial salt 33 thousand tons of production capacity.

The second phase is planned to be constructed from September 2024 to September 2025, with a land area of ​​80 mu, and a new construction area such as the bisphenol A epoxy resin process area, the adhesive system material workshop, the raw material and finished product warehouse, and the public works workshop. The annual output of liquid epoxy resin is 100,000 tons (some of which are used in the production of liquid resin system materials and adhesive system materials, and some are sold out); the annual output of adhesive system materials is 50,000 tons; the annual output of by-product industrial salt is 33,000 tons. production capacity.

The project will start construction in January 2022 and will be put into storage in March. At present, the foundation pouring of Category C Warehouse 1, Category C Warehouse 2, Category A Warehouse 1 and Hazardous Waste Warehouse has been completed. As of the end of June, about 75 million yuan of image investment has been completed.

Based on the above information disclosure, after the completion of the project, 200,000 tons/year of liquid epoxy resin will be added, some for self-use and some for export.

According to Tianyancha information, the company was established on 2021-04-29 with a registered capital of 200 million yuan. The controlling shareholder is Daosheng Tianhe Materials Technology (Shanghai) Co., Ltd., holding 80% of the shares. Daosheng Tianhe is a high-performance system material developer. The company’s main product is epoxy resin, which can be manufactured by different processes such as vacuum infusion, winding molding, pultrusion, and vacuum pressure impregnation. The products are widely used in wind power generation, rail transit , electrical equipment, electronic packaging and other fields and industries.

The project is located in Quzhou, Zhejiang Province, with an advantageous geographical location. The factory is close to Zhejiang Juhua and Zhejiang Haobang. There are also enough epichlorohydrin and caustic soda supplies in Ningbo, Huanyang and Zhenyang. In addition, Ningbo, Zhoushan and Shanghai also have sufficient supplies of epichlorohydrin and caustic soda.
The supply of bisphenol A, the raw material is not a problem, and it can also reduce a lot of transportation costs.