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On December 26, Xi'an Da'an Chemical Industry Co., Ltd. invested a total of 640 million yuan, and an annual output of 24,000 tons of cellulose acetate tow project was laid at the foundation of the Weixin New Town Weapons Industry Base in Xi'an Economic Development Zone.
The project adopts the latest internationally advanced tow manufacturing technology from Japan Daisei Co., Ltd. and covers an area of ​​150 mu. After completion, it is expected to have an annual operating income of 800 million yuan, a total profit of 86.4 million yuan and a tax payment of over 40 million yuan. Cellulose acetate tow is the world's most recognized tobacco filter production material, the current domestic market gap.
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