en.Wedoany.com Reported - Yuntianhua Co., Ltd. has announced an external investment plan, with its wholly-owned subsidiary Chongqing Yuntianhua Tianju New Materials Co., Ltd. set to launch a large-scale new materials integrated project in the Changshou Economic Development Zone of Chongqing, with a total investment of 1.8572 billion yuan. The project includes the construction of a production line with an annual capacity of 100,000 tons of high-end copolymer polyoxymethylene resin, along with two supporting formaldehyde units each with an annual capacity of 240,000 tons, a methylal production line with an annual capacity of 400 tons, and a dedicated catalyst production unit with an annual capacity of 100 tons, forming a complete upstream and downstream supporting production capacity.
Yuntianhua stated that the project aligns closely with the company's medium- and long-term strategic plan for the new materials sector, while also conforming to the domestic policy support direction for the high-end chemical materials industry. Tianju New Materials has accumulated years of technical expertise and a mature process system in the polyoxymethylene field, with established customer channels, a complete R&D team, and localized resource advantages. The new project will address the supply gap in domestic high-end copolymer polyoxymethylene through comprehensive process upgrades and iterations.
Yuntianhua further noted that this investment will drive a comprehensive upgrade of the company's polyoxymethylene business development model, shifting from a sole focus on production scale to a core competitiveness centered on high-end product quality. After the project is put into operation, products will be primarily targeted at high-value-added emerging application scenarios such as new energy vehicles, precision electronics, and high-end instruments, continuously advancing the domestic substitution process for high-end copolymer polyoxymethylene, thereby consolidating and enhancing the company's market position in the polyoxymethylene industry and the overall profitability of its new materials segment.
Market analysts believe that as a core engineering plastic, domestic high-end polyoxymethylene products have long relied on overseas imports, leaving significant room for domestic substitution. With Yuntianhua's existing polyoxymethylene production capacity of 90,000 tons per year, the addition of 100,000 tons of high-end capacity will significantly boost the company's supply capability for high-end POM. Coupled with the cost advantages from the complete upstream and downstream supporting facilities, the company is expected to continuously capture mid-to-high-end market share, and the new materials business is poised to become a new growth driver for the company's performance.
