Shandong Sanwei Longbang New Material Technology Co., Ltd. Holds Groundbreaking Ceremony for the 50,000-ton/year Isooctanoic Acid Unit under its Technical Improvement Project to Optimize and Upgrade Acetate Butyrate Cellulose Products.

Accompanied by the nourishing spring rain that brings life to all things, on the morning of April 23, Shandong Sanwei Longbang New Material Technology Co., Ltd. (hereafter referred to as "Sanwei Longbang"), a holding subsidiary of the Group Corporation, held the groundbreaking ceremony for its Zibo City's 2024 Major Project—the 50,000-ton-per-year iso-octanoic acid unit project under the Acetyl Cellulose Product Optimization and Upgrade Technical Renovation Initiative. Qu Siqiu, Party Secretary and Chairman of the Group Corporation, attended the groundbreaking ceremony, joined by Feng Yiyuan, President of the Group Corporation; Hao Wenliang, Vice President of the Group Corporation and General Manager of the Engineering Company; Liu Wanxiang, Assistant to the President of the Group Corporation and General Manager of Sanwei Longbang; and Li Junxiang, General Manager of Sheng'an Construction Group Co., Ltd., who also delivered speeches at the event.

Release date:

2024-04-25

　　Accompanied by the nourishing spring rain that brings life to all things, on the morning of April 23, Shandong Sanwei Longbang New Material Technology Co., Ltd. (hereafter referred to as "Sanwei Longbang"), a holding subsidiary of the Group Corporation, held the groundbreaking ceremony for its Zibo City's 2024 Major Project—the 50,000-ton-per-year isooctanoic acid unit project under the Acetyl Cellulose Product Optimization and Upgrade Technical Renovation Project. Qu Siquiu, Party Secretary and Chairman of the Group Corporation, attended the ceremony. Also present were Feng Yiyuan, President of the Group Corporation; Hao Wenliang, Vice President of the Group Corporation and General Manager of the Engineering Company; Liu Wanxiang, Assistant to the President of the Group Corporation and General Manager of Sanwei Longbang; and Li Junxiang, General Manager of Shengan Construction Group Co., Ltd., who delivered speeches at the event.

　　Li Junxiang, General Manager of Sheng'an Construction Group, provided a detailed introduction to the company's basic profile and emphasized that the project team will adopt a determined "charge forward" spirit, working together with unwavering dedication and relentless effort. They will meticulously organize construction activities in the order of ensuring safety, maintaining quality, and meeting deadlines—guaranteeing that the project passes inspection on the first attempt while striving for excellence in installation work. This approach will lay a solid foundation for even deeper, broader, and more enduring cooperation between the two parties in the future.

　　Hao Wenliang, Vice President of the Group Company and General Manager of the Engineering Company, stated that the technical renovation project aimed at optimizing and upgrading the butyric cellulose acetate product is the first project undertaken by Sanwei Longbang New Materials Company since its establishment. This project holds profound significance for expanding the industrial chain of the Sanwei Group, fostering the growth of Sanwei Longbang Company, and driving the transformation of the Engineering Company. To ensure the successful completion of the project, the Engineering Company will assemble a robust team dedicated to design, procurement, and construction. They will meticulously organize the design process according to project specifications, conduct open and transparent procurement, and implement standardized, scientifically sound construction practices—ultimately guaranteeing that the project achieves high-quality standards and is completed flawlessly.

　　Liu Wanxiang, Assistant to the President of the Group Company and General Manager of Sanwei Longbang, remarked that the isooctanoic acid project embodies the wisdom and dedication of its developers, placing a significant responsibility on their shoulders with a promising future ahead. Sanwei Longbang is determined and confident in successfully completing the project, embracing a sense of ownership by meticulously refining every technical aspect, strengthening training for operational staff, and ensuring the project is delivered on schedule, ready for production—and achieving a flawless start-up on the first attempt.

　　Group President Feng Yiyuan stated that the iso-octanoic acid project is a pivotal component in the group company’s strategy to diversify its product portfolio and expand the "aldehyde-alkyl ester" industrial chain. The project's commencement not only marks a new milestone for Sanwei Longbang as it embarks on a journey toward high-quality development, but also represents the first major internal project operated under the joint project team model since the company finalized its management structure. This initiative carries profound significance, and all participating construction units must work together with unwavering dedication to ensure the project progresses smoothly. Ultimately, the iso-octanoic acid project should be transformed into a flagship and exemplary project for the entire group, setting a benchmark and model for future endeavors.

　　Following this, amid enthusiastic applause from the audience, Qu Siquiu, Party Secretary and Chairman of the Group Corporation, officially announced the project's commencement!



　　The vibrant atmosphere at the ceremony greatly inspired the enthusiastic spirit of all construction personnel, setting a strong and positive start for the project.

　　Liu Jian, Chief Scientist of the Group Company, Gu Yuanming, Deputy Chief Economist and Director of the Comprehensive Management Center, along with relevant personnel from the project team, attended the groundbreaking ceremony.

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