The total investment is 360 million! The 28,000-ton water-based epoxy resin project will soon be put into operation
Since the beginning of this year, Yingcheng Dongmafang Subdistrict office to "grasp the project, stable investment" as a key work to promote, a number of key projects into Xiaogan City five platform is in full flow of construction. Among them, Hubei Yilai 28,000 tons of water-based epoxy resin series product project outstanding in the list.
With a total investment of 360 million yuan, Hubei Yilai 28,000 tons of water-based epoxy resin series product project is located in Dongcheng Industrial Park, Dongmafang, Yingcheng City. The newly acquired land is 63 mu, and the building area is 52,000 square meters. It mainly produces water-based epoxy resin, amine curing agent and bisphenol F series products. The project has entered the equipment installation stage and is expected to be put into trial operation in July.
Our projects are mainly water-based epoxy and related pharmaceutical intermediates, and 70% of the overall construction projects have been completed so far, and it is expected to reach the conditions for trial production by the end of July. At present, the output value of the first phase of the whole production capacity is about 100 million yuan, and the tax revenue is about 8 million yuan. Now the technical content and production capacity of the product have a great advantage in the industry." Hubei Yilai New Material Co., LTD. General manager Li Jun said.
Hubei Yilai New Materials Co., Ltd. relies on Wuhan University, Hubei University of Engineering and other universities to carry out research and development experimental cooperation in the field of new materials. Its products involve painting, biological engineering, feed additives, pharmaceutical biology, organic synthesis, plastic resin and other industries, and its product research and development and production projects have high quality technical level in the industry.
2026-09-01
Trade Alert
Delivering the latest product trends and industry news straight to your inbox.
(We'll never share your email address with a third-party.)
Related News
-
argenx to Acquire Forte Biosciences for $2.2 Billion in Major Autoimmune Antibody Deal
-
Biocon Weighs Merger of Biocon Biologics to Unlock Value
-
Merck Nears Acquisition of Cidara to Strengthen Flu Prevention Arsenal
-
BASF Partners with Andritz for Carbon Capture Project in Aarhus
-
Betting on Next-Generation Metabolic Therapies: Pfizer’s Big Wager on Metsera and Its Strategic Reshaping in China
-
Huntsman Issues Two Consecutive MDI Price Hike Notices: €250 Increase in Europe, $300 Increase in India
-
LANXESS Expands Rubber Additives Production at Qingdao Plant
-
BASF Plans IPO for Agricultural Solutions Business
-
BASF Reports Modest Third Quarter Decline Amid Global Market Caution
-
Evonik Launches Advanced Gas-Phase Alumina Plant in Japan
Recommend Reading
-
Yulong Petrochemical’s 100,000-ton MMA Project Comes Online Amid a “Deep V-Shaped Rebound” — Opportunity or Hidden Risk?
-
Dover to Acquire Cloeren and Expand Its Polymer-Extrusion Equipment Portfolio
-
Evonik Achieves Successful Trial Production at Shanghai Polyamide Plant
-
Henkel to Acquire Olaplex in $1.4 Billion Deal
-
Due to Supply Chain Disruptions, A Major MDI/TDI Facility in the Middle East has Suddenly Shut Down!
-
EFSA’s Updated Food-Additive Application Guidance Takes Effect
-
Sodium Nitrate: Fertilizer, Food Preservative, and Chemical Properties
-
January China Titanium Dioxide Market Prices Increase
-
January Phosphate Market Steady with an Uplift in China
-
January Benzene Market Trend Summary (January 1, 2026 - January 29, 2026) in China