CNCEC(SH:601117) Guan Cha Zhe Wang·2025-12-08 13:59Core Viewpoint - The full production capacity of China's first industrialized butadiene-based adiponitrile project marks a significant milestone in breaking foreign monopolies and ensuring the stability of China's high-end polyamide industry chain [1][5]. Group 1: Project Overview - The butadiene-based adiponitrile project, operated by China Chemical Engineering Tianchen Qixiang New Materials Co., has achieved a production capacity of 200,000 tons per year [1]. - This project is a landmark in the industrialization of high-end polyamide materials in China, addressing the technological blockade from foreign entities [1][5]. Group 2: Importance of Adiponitrile - Adiponitrile is a core raw material for producing nylon 66, often referred to as the "throat" of the polyamide industry chain [2]. - The large-scale production of adiponitrile is expected to provide sufficient and high-quality raw materials for downstream industries, significantly benefiting sectors such as automotive, rail transportation, aerospace, and electronics [2]. Group 3: Technological Advancements - The project utilizes proprietary technology from China Chemical Engineering, which has resolved key operational challenges through over a hundred technical modifications [5]. - In a recent 72-hour full-load performance assessment, the adiponitrile plant met or exceeded all key technical and economic indicators, indicating stable and efficient operation [5].