The total investment of the project exceeds 1.18 billion yuan, and in 2016, it received a special fund of 10 million yuan for the major industrial transformation project of strategic emerging industries in Jiangsu Province. The project purchased imported synthesis reaction system, water circulation system, DCS distributed control system and other equipment, built a provincial R&D platform, formed an intelligent production line, and built polyol, TPU and other workshops, with a construction area of nearly 65,000 square meters.
After the completion of the project, it has formed an annual production capacity of 280,000 tons of new degradable polyurethane advanced polymer materials. This time, the expert group composed of the Suzhou Municipal Development and Reform Commission and the third-party evaluation unit conducted on-site acceptance evaluation of the project of Xuchuan Chemical, and the expert group agreed that the project has completed the approved construction content and met the requirements of the implementation plan.
As a high-tech enterprise of new chemical materials, Xuchuan Chemical (Suzhou) Co., Ltd. continues to improve its independent innovation capabilities and invests more than 100 million yuan in research and development every year. At present, the company has 12 laboratories and a R&D team of more than 200 people, and has become a leading professional manufacturer of polyurethane resin in China.
Xuchuan Chemical established in 2007, company registered capital is RMB 500 million. The main products are all ranges polyester polyol, polyurethane resin for shoes, water-based and solvent-free polyurethane resins for artificial leather, polyurethane bonding adhesives and polyurethane hot melt adhesives.
Now Xuchuan has 4 modern production bases, production capacity reached 920,000 tons per year, products exported to 40 countries and regions in the world.