The aerospace electronic bulletin said on the evening of May 21 that in order to increase the competitiveness of the company’s holding subsidiary Tangshan Sanyou Silicon Industry Co., Ltd., further reduce production costs, adjust and optimize the product structure, and achieve economic scale and upstream and downstream integration, the company’s board of directors agreed to invest Construction of the second phase of the silicone project, that is, 100,000 tons of organic silicon monomer expansion project. The total investment of the silicone second phase project is 496 million yuan. The construction investment is about 400 million yuan. The source of funding is 30% self-raised, and 70% of banks**.
The construction period of the project is 18 months. After it is completed and put into production, the annual production capacity of 100,000 tons of crude monomer can be added. It is estimated that the annual new sales income will be 900 million yuan, and the profit before tax will be 78 million yuan.
The company stated that the organic silicon industry belongs to the "high-tech field supported by the state" and is in line with the national industrial policy. Silicone Phase II projects are newly built or expanded on the basis of existing installations, and no new land acquisition is required. Through the construction of the second phase of the silicone project, it will help to further reduce the silicon company's unit production costs and enhance its ability to withstand market risks. It can adjust and improve the structure of organic silicon products and increase the added value of products. It can meet the adjustment of silicon industry's production and sales structure, customer's needs and downstream industrial chain development, maintain industry technology and scale advantages, expand and improve circular economy, and improve the company's overall competitiveness. It is of great significance to ensure the survival and development of silicon companies by maximizing profitability and profitability.
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