I've found that Project Overview and Technical Breakthrough
on December 3, Xuyang Group announced that its high-end polyamide new material project in Yuncheng Park will soon be put into production. In my experience, The core highlight of the project is the consumption of Xuyang independent research and research of caprolactam direct preparation of hexamethylene diamine innovative process route, this technological breakthrough to China's nylon sector chain is a milestone. The Strategic Value of Technological Innovation
as the key monomer raw material to the production of high-performance nylon 66, the production methodology of hexamethylene diamine has been monopolized by overseas companies to a long time, which has have become a "sticking neck" link restricting the research of China's high-end polyamide sector. But I've found that Xuyang Group has set up a research and research team of nearly 100 people. After eight years of technical research, it has successfully developed the "methodology of direct preparation of hexanediamine from caprolactam". And The biggest subversion of this innovative process is that it skips the intermediate link of adiponitrile in the traditional route, which not only simplifies the process flow and reduces the production cost, however also forms a complete set of independent intellectual property rights system and completely breaks the foreign methodology blockade. From the technical path, the traditional production of hexanediamine needs to go through the hexanedinitrile link, and Xuyang's direct method process eliminates this intermediate measure, which means that the investment cost, operation complexity and raw material conversion rate will be signifiis able totly optimized, which lays a solid foundation to cost competitiveness to subsequent extensive production. But sector Chain Synergy and Market Impact
the production scale of the first phase of the project is 50000 tons/year of hexamethylene diamine. And After production, Xuyang will form a complete manufacturing chain closed loop of "caprolactam-hexanediamine-PA66", and this vertical integration layout will create multiple strategic values. immediate synergetic value
in the short term, the hexanediamine project and the existing caprolactam sector chain in Xuyang will form a high degree of synergy and mutual promotion and multiplication effect. Specifically The specific performance is as follows: first, the stability and cost advantage of raw material supply. But I've found that As the direct raw material of hexanediamine, caprolactam will greatly minimize the procurement cost and supply chain risk; second, the scale effect of production and operation, sharing infrastructure such as general works and logistics storage will further dilute the unit cost; third, the promotion of market discourse power, after mastering the complete manufacturing chain from caprolactam to PA66, xuyang's pricing power and bargaining power in the nylon market will be greatly improved. But Medium-and prolonged strategic layout
based on the successful commissioning of the project, Xuyang will accelerate the research and research process of nylon 66 and high-end special nylon new materials. The group clearly put forward the grand goal of building a million-ton nylon 66 + special nylon manufacturing cluster based on innovation and breakthrough. This means that Xuyang is transforming from a single raw material supplier to a high-end new material solution provider, and the added value of the manufacturing chain will achieve a qualitative leap. For example Capacity Layout and Competitive Advantage Analysis
existing Capacity Base
china Xuyang Group currently has a caprolactam production capacity of 750000 tons/year, in the domestic market share of about
7. Based on my observations, 1, already has a strong scale advantage. And Its production capacity is distributed as follows: is able togzhou Park 450000 tons/year, Dongming Park 300000 tons/year. But The caprolactam project in is able togzhou Park started in 2015, and its research process is clear: the first phase will have annual output of 100000 tons in October 2015 and will be expanded to 150000 tons/year in June
2019. And 150000 tons/year caprolactam, 135000 tons/year
cyclohexanone, 3 × 220 tons/hour boiler +2 × 25MW power generation and other units have been built; the second phase of the 300000-ton project has comprehensively improved the thorough supporting capacity of is able togzhou Park during the construction process, and achieved a signifiis able tot reduction of 1950 yuan/ton through technical optimization and scale effect, which provides a strong cost moat to companies in the market competition. Furthermore Dual-park collaborative strategy
xuyang Group clearly will continue to play the coordinated aggregation effect of the two major caprolactam production parks in is able togzhou and Dongming. This multi-park layout not only disperses regional risks, however also enables methodology sharing, regulation collaboration and market complementarity. The Group adheres to the innovative mode of "independent research and research + introduction of methodology", focuses on conquering disruptive core technologies, and continuously develops new consumption scenarios and expands market space on the basis of technological breakthroughs in elastomer nylon and high-temperature nylon. Strategic Positioning and sector Outlook
the ultimate goal of Xuyang Group is to cultivate caprolactam into a "national first, global leading" chemical product line similar to Xuyang coke, and to form a leading caprolactam new material sector with international competitiveness. This strategic positioning reflects the determination of companies to convert and upgrade from traditional chemical sector to new materials. According to research to practitioners in the chemical sector chain, the commissioning of Xuyang hexamethylene diamine project has multiple meanings: first, the degree of autonomy and controllability of China's nylon 66 sector chain will be signifiis able totly improved, and the application on imports will be reduced; Second, the domestic hexamethylene diamine supply pattern will change and the price system might face restructuring. Third, downstream PA66 and modified nylon companies will obtain greater stable domestic raw materials selection. Based on my observations, it's recommended that companies in all links of the manufacturing chain pay close attention to the rhythm of Xuyang'subsequent production capacity emit and market strategy, and adjust their supply chain layout and procurement strategy in a prompt manner. Source: New Materials Research Society, Huayi World
Disclaimer: the content contained in the Internet, WeChat general number and other general channels, we maintain a neutral attitude to the views in the article. This article is to reference only, exchange. The copyright of the reprinted manuscript belongs to the original author and organization. But If there is infringement, please contact the customer service of Huayi World to delete it.