1. Industry: Yizheng Chemical Fiber is China Petrochemical Yizheng Chemical Fiber Co., Ltd. and its subsidiaries and joint ventures. It is the largest modern chemical fiber and chemical fiber raw material production base in China. Sinochem Yangnong is a state-owned holding enterprise (a member of Sinochem Group), mainly engaged in research and development, production and sales of basic chemicals, new pesticides, new materials, new energy and other products. It is one of the top three enterprises in the national pesticide industry, a state-level scientific and technological enterprise and a demonstration unit of the national employment practice base for college graduates.
2. Scope of business: Yizheng Chemical Fiber Company is the production base of high-end polyester and special fiber of China Petrochemical Company. It has PTA production capacity 1.42 million tons/year (including joint venture equity production capacity of 420,000 tons/year), polyester production capacity of 2.4 million tons/year (including polyester chips, short fibers, hollows and bottles), ultra-high molecular weight polyethylene fiber production capacity of 3,300 tons/year, para-aramid production capacity of 1.000 tons/year, and cis-aramid fiber production capacity. The production capacity of engineering plastics (PBT) is160,000 tons/year, the production capacity of polyester film is 45,000 tons/year (joint venture with Toray Japan), and the production capacity of polypropylene fabric is100,000 square meters/year (joint venture with Keteborg Germany).