Year of the Loong’s First Strike - Break the Limit Again - The World's Largest Oxidation Reactor Set Sail from Morimatsu

Bidding farewell to the old year, year of the Loong comes. In this early spring, snow falls and wintersweet is in full bloom. In this eternal enlightened age, let's imagine the future and work together. On the occasion of the Spring Festival, the third phase project of Xinfengming Group has delivered the largest PTA oxidation reactor in the world.

Morimatsu (Jiangsu) Heavy Industry Co., Ltd. (hereinafter referred to as "Morimatsu Heavy Industry"), founded in Japan with a global layout, has developed into a multi-national company that embraces globalization, masters core technology, and gains rich experience from project implementation in diverse fields including core equipment, process systems, and engineering solutions. Backed by the advanced manufacturing base in China, the company has set up subsidiaries or factories in Sweden, the United States, India, Italy, Malaysia, Singapore and other places, and has delivered different forms of products and services to more than 40 countries and regions by relying on the global efficient professional team. Morimatsu creates excellent reputation with ingenious quality. We are the leading enterprise in various fields, and committed to becoming the world's leading best partner. Morimatsu Heavy Industry is also one of the largest suppliers of oxidation reactors, crystallizer and condenser in PTA industry in the world. Together with Hitachi of Japan and COEK of Belgium, Morimatsu Heavy Industry is known as the top three suppliers of titanium equipment in the world. Morimatsu Heavy Industry provided two oxidation reactors for the third phase PTA project of Zhejiang Dushan Energy Co., Ltd., a subsidiary of Xinfengming Group. The reactor, with a diameter of 11.3 meters, is made of titanium-steel composite plate, with a total length of 21.7 meters and a weight of more than 600 tons. For more than a year, Morimatsu people have welded these two "dragons" with sweat and passion, offering the most sincere wishes to the world.

Xinfengming Group Co., Ltd. (603225), founded in February 2000, is located in Zhouquan, Tongxiang, a famous chemical fiber town in China. It is a modern large-scale company integrating PTA, polyester, polyester spinning, texturing, and import and export trade. A joint-stock company with more than 20 subsidiaries including the four bases of Tongxiang, Huzhou, Pinghu and Xuzhou, Jiangsu, with more than 19,000 employees. Total assets exceed 50 billion. It has been awarded the honorary titles of National May 1st Labor Certificate, National Non-public Enterprise "Double Strong Top 100 Party Organizations" and Zhejiang Civilized Unit. It is one of the top 500 Chinese enterprises, and has been among the "Top 500 Chinese Private Enterprises", "Top 500 Chinese Manufacturing Industries", and "Top 100 Enterprises in Zhejiang Province" for many consecutive years. The only way to gain a long-term foothold is technological innovation. Xinfengming Group introduces the world's advanced PTA technology from low-carbon life (Koch (formerly INVISTA) P8++ technology) and the flexible production spinning technology for high-capacity polyester melt direct spinning. Its low-carbon, green and intelligent level leads peers, mainly producing various specifications of PTA and polyester POY, FDY, DTY, staple fiber and other high-end products. Up to now, the company has 5 million tons/year PTA production capacity and 8.6 million tons/year polyester production capacity, ranking among the top three in the global industry.

It is Morimatsu’s commitment to continuously improve customer satisfaction. As Morimatsu people, we always keep in mind that we will always strive for the goal of "being the first in the world", forge ahead with determination and make concerted efforts to continue to write new glories for Morimatsu.