Yantai Taihe New Materials Co., Ltd. announced on July 21 that the company plans to build a 3,000-ton high-performance para-aramid project in Ningxia, with a planned investment of 600 million yuan, new polymerization, spinning, solvent recovery equipment and supporting public works. Annual production capacity of 3,000 tons of high performance para-aramid.
The project plans to build 1 set of polymerization, spinning and solvent recovery devices, and produce 3,000 tons of high-performance para-aramids of various specifications. It is planned to start construction at the end of August 2018 and commissioning in the first quarter of 2020.
Para-aramid is a typical military-civilian dual-use product, of which military use is mainly used for individual protection, weaponry, etc., civil use is mainly used in mobile communication, automotive field, sporting goods, etc.