Latest News: On July 1, the design and commencement of the 300,000-ton per year refined adipic acid project of Ordos Shenma Jianyuan Chemical Co., Ltd. was successfully completed. The first phase of the project with an annual output of 1.2 million tons of refined adipic acid jointly invested and constructed by the group.

During the three-day design start-up meeting, the project team of Shandong Tianli Technology Engineering Co., Ltd. reported the detailed design plan of the adipic acid project to Fangshenma Company and Jianyuan Company, and the three parties formulated the project team of Shandong Tianli Technology Engineering Co., Ltd. The design start report of this project and the unified design regulations of various disciplines were discussed, and the milestone detailed design progress plan and construction plan for this project with an annual output of 300,000 tons of refined adipic acid were formulated.

In this meeting, the leaders of the owner and the project team fully affirmed the detailed design plan, design start-up report, professional unified regulations and project design organization procedures prepared by Shandong Tianli Technology Engineering Co., Ltd. The refined adipic acid project team of Science and Technology Engineering Co., Ltd. highly appraised the preliminary project design work performance and work efficiency, and put forward optimization suggestions based on the years of production and operation management experience of its existing adipic acid and cyclohexanol production units.

Through two three-day concentrated meetings and six professional group discussion meetings, the three parties passed and signed the "Ordos Shenma Jianyuan Chemical Co., Ltd. Annual Production 300,000 tons of refined adipic acid project design opening meeting minutes".

On June 10, the People's Government of Etuoke Banner of Ordos City, Inner Mongolia, the Management Committee of Etuoke Economic Development Zone, China Pingmei Shenma Group, and Jianyuan Group of Etuoke Banner jointly signed a cooperation project admission agreement.

The signed cooperation projects are that China Pingmei Shenma Group and Jianyuan Group jointly invest in the construction of a refined adipic acid project with an annual output of 1.2 million tons, a BDO project of 600,000 tons, a crude benzene refining project of 300,000 tons, and a 2GW new energy power generation project. The total investment is 32 billion yuan.

Shenma Co., Ltd. announced on the evening of June 22 that the company plans to jointly invest with Etuoke Banner Jianyuan Coal Coking Co., Ltd. and Etuoke Banner Weiju Technology Co., Ltd. to establish Ordos Shenma Jianyuan New Materials Co., Ltd. with registered capital 480 million yuan, of which the company invested 187 million yuan in cash, accounting for 39% of the registered capital.