On May 27th, Jiangsu Shengao Chemical Technology Co., Ltd. held a foundation laying ceremony for its wholly-owned subsidiary Taizhou Shengao Chemical Co., Ltd. and the start of new projects in Taizhou, Jiangsu.

Jiangsu Shengao is the world's largest supplier of rubber antioxidants. Taizhou New Plant plans to build 15,000 tons/year of rubber vulcanizing agent insoluble sulfur, 30,000 tons/year vulcanization accelerator M, and 30,000 tons/year vulcanization accelerator NS integration project with a total investment of 1 billion yuan. The first-phase project will build a 5,000-ton high-content, high-heat-stability, high-dispersibility “three-high” rubber vulcanizing agent insoluble sulfur plant, which is scheduled to be put into operation in the third quarter of 2012.

It is understood that radial tires made of "three high-grade" rubber vulcanizing agent insoluble sulfur as raw materials, wear resistance increased by 30% to 50% than ordinary tires, the service life of 1.5 times that of ordinary tires, and save 6% ~ 8 % of fuel consumption. At present, the product is monopolized by international giants, and domestic users mainly rely on imports. Cai Shengqi, chief executive officer and chief financial officer of Jiangsu Shengao, said that the successful development of Jiangsu Shengao rubber vulcanizing agent has successfully broken international monopoly.

Chen Xinmin, vice president of R&D for Jiangsu Shengao, said that the new project uses self-developed environment-friendly green additive production and clean production technology without pollution, waste residue, and waste water. The technical energy level and product quality have reached the leading domestic and international advanced level. .

Fan Rende, President of China Rubber Industry Association, Zhang Lei, Secretary of Taizhou City Party Committee, Xu Guoping, Mayor of the City of Taizhou, Luo Yi, Managing Director of Carlyle Group and Deputy Chairman of Jiangsu Shengao, Cai Yiqi, CEO and Chief Financial Officer of Jiangsu Shengao and A total of more than 300 representatives from all parties attended the opening ceremony.

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