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Tianjin Xincheng Materials Technology Co., Ltd. has made important progress in the new material industry chain project recently. The tens of billions of projects have completed infrastructure construction and started pile foundation construction.
tianjin Xincheng Materials Technology Co., Ltd. has made important progress in the new material industry chain project recently. The tens of billions of projects have completed infrastructure construction and started pile foundation construction. With a total investment of 10 billion yuan and covering an area of 380000 square meters, the project will build core production units such as adiponitrile, hexamethylene diamine and nylon, and adopt Xinhe's own patented technology.
phased construction planning: The first phase of investment of 3 billion yuan, the construction of an annual output of 100000 tons of adiponitrile-hexanediamine project, the use of enterprise-independent development of butadiene method to prepare adiponitrile technology; The second phase of investment of 7 billion yuan, the construction of an annual output of 400000 tons of adiponitrile-hexanediamine and 400000 tons of nylon 66 project, forming a complete industrial chain integrated layout.
For overseas chemical practitioners, the project is of strategic importance. As the core raw material of nylon 66 production, adiponitrile has been monopolized by a few enterprises in Europe and America for a long time, and the Chinese market mainly depends on imports. The butadiene preparation technology mastered by Xinhe will break this monopoly pattern and provide a new source of supply for the global nylon supply chain.
xinhe has formed a national strategic layout in the field of nylon. In addition to the Tianjin project, the company's project in Weifang, Shandong, is planned to produce 200000 tons of PA66, 100000 tons of adiponitrile and 100000 tons of hexamethylene diamine per year, which is currently in the pilot stage. Invest 5.19 billion yuan in Shaoxing, Zhejiang to build a new material project with an annual output of 250000 tons of hexamethylene diamine and 480000 tons of high-end nylon.
Strong financial performance: The 2025 semi-annual report shows that Xinhe's operating income was 11.1 billion yuan, up 12.8 percent year-on-year, while net profit attributable to its parent was 3.6 billion yuan, up 63.5 percent year-on-year. Revenue from new materials business was 1.038 billion billion yuan, accounting for 9.35 percent, up 43.75 percent year-on-year, showing strong growth momentum.
Global Market Prospects: With the rapid development of downstream applications such as new energy vehicles and 5G communications, the global demand for high-performance nylon materials continues to grow. After the completion of the new project, it will significantly increase the global supply capacity of hexanedinitrile and nylon 66, providing overseas traders and downstream manufacturers with more diversified supply options and cost advantages.
For overseas chemical traders, the project represents China's technological breakthrough in the field of high-end chemical new materials, which will reshape the global nylon industry competition pattern and bring new business cooperation opportunities.
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