Adhesive R&D Center purchases 56.62 million yuan of equipment

A few days ago, the first phase project of Shanghai New Base of Huitian Plastics Co., Ltd. laid the foundation in Songjiang Industrial Zone and will build China's largest adhesive R&D center. It is reported that Huitian Plastic will invest 56.62 million yuan in recruiting funds for construction of adhesive agent technology R&D and testing center projects, upgrading technical R&D laboratory equipment, experimental instruments, and testing equipment to enhance its technical R&D measures.

The company said that after the completion of the project, the laboratories and R&D personnel located in Hubei and Guangzhou can be concentrated in Shanghai. This will reduce the spending on research and development equipment purchased by local R&D departments of nearly 20 million yuan. At the same time, it can focus on research and development. Shorten the research and development cycle, the new product launch speed can be reduced from the original 24 months to 12 months, and it is expected that more than 10 new patents for invention will be applied each year. The improvement of the above-mentioned capabilities will generate about 10 million yuan in profits for the company each year. It is reported that after the project started, the company still had a surplus of RMB 210 million in raised funds.

It is also known that the first phase of the Shanghai New Base of Huitian Glue Co., Ltd. occupies an area of ​​50 mu, with a total construction area of ​​30,000 square meters, including a 5,000-square-meter technical center, and a production workshop. After the completion of the production base of the new base, it will add 30,000 tons of production capacity on the basis of an annual output of 20,000 tons of various adhesives, which will in turn become China's largest production base for plastics for the photovoltaic industry.