In recent years, Yizheng Chemical Fiber Co., Ltd. has been based on the new development stage, implemented the new development concept, closely focused on the industrial layout of Sinopec to strengthen, optimize and expand the aromatics industry chain, actively integrated into Yizheng City to create the strategic deployment of “one district and three places”, and insisted on innovation. Driven, green led, and structurally optimized, it has promoted the construction of a number of major projects such as 3 million tons/year PTA, the total operating volume and comprehensive competitiveness have continued to improve, and a solid step has been taken for high-quality development.

According to the layout of Sinopec’s aromatic hydrocarbon industry chain, on the basis of the construction of 3 million tons/year PTA project, in order to further extend the chain, supplement the chain, strengthen the chain, and enhance the comprehensive competitiveness of the entire industry chain, the company plans to invest 16.5 billion yuan. Build a 4 million-ton high-end green new material integration project step by step, and build a Yizheng demonstration base for Sinopec’s aromatic hydrocarbon downstream industry chain. , The total investment of the first phase is 3 billion yuan, including an annual output of 230,000 tons of intelligent polyester staple fiber, 500,000 tons of new-generation polyester bottle flakes, and 120,000 tons of PBT flexible production lines. The total investment of the second phase is 13.5 billion yuan to build a batch of high-end green new material production equipment and supporting facilities. These projects all use Sinopec’s independent research and development technology, which is the accumulation of Yihua’s technology in the polyester field for more than 40 years. Its energy consumption, material consumption, carbon emissions and other indicators are at the leading domestic level. After all are put into production, sales revenue and taxes will be greatly increased. Leaders of Yihua Company Yang Yong and Liu Nan, leaders of Yizheng City Zhongling, Liu Chunhua, Ding Xuehai, and the heads of relevant departments of Yangzhou City and Yizheng City attended the event.