Jiangsu Flumes Environmental Protection and Energy-Saving New Material Co., Ltd. is affiliated with Shanghai Boge Group, a large-scale environmental protection group company in China. The project has a total investment of 200 million yuan, with 160 acres of land acquired and 35,000 square meters of new factory buildings built. It mainly produces new types of environmental protection filter materials. After the project is fully operational, it can achieve annual sales of 600 million yuan and profits and taxes of 50 million yuan. This project complements Aoyang's industrial development, achieving complementary advantages and having a demonstrative effect on promoting the development of Aoyang's industrial clusters.
As of now, the company has invested 58 million yuan in equipment. Over 50 sets of machines, including opening machines, carding machines, lapping machines, main gill machines, as well as water-gill equipment, water treatment equipment, and drying equipment imported from Germany, have arrived at the factory. Other equipment is currently in transit. The construction of the second-phase factory building covering over 10,000 square meters has been completed, and the construction of equipment foundation trenches is underway.
General Manager Gao Tiefeng introduced that the needle punching production line, which was put into operation on that day, began its commissioning in early November last year and entered trial production in mid-November. After the needle punching production line was officially put into operation on January 1, 2012, the monthly production of needle punched filter materials will reach 400,000 square meters. The equipment for the spunlace production line, which is imported from Germany, has arrived at the factory, and German technical personnel have been stationed at the company since mid-December to guide the installation of the imported equipment. The equipment for the spunlace production line will be installed in place by early March, and the composite spunlace production line will be fully operational in June this year. By then, the company will produce various high-temperature resistant filter materials, room temperature filter materials, low-temperature filter materials, as well as polyester and fiberglass products, and nonwoven materials such as bag filters and air purification systems. It is expected that the annual output value this year will reach more than 100 million yuan.