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Shanghai Huayi Acrylic Acid Co., Ltd. is currently the largest chemical company specializing in the production of acrylic acid and ester products. Over the years, the company has persisted in the way of introducing, absorbing, digesting, and renovating to independent innovation. The annual investment in technology research and development exceeds 3% of sales revenue. Its acrylic core technology has applied for 31 domestic patents and 2 foreign patents, of which 25 have been authorized, making China the fourth country after the United States, Germany and Japan to possess the complete set of technologies. They also successfully exported acrylic acid and ester technology to Saudi Arabia and well-known domestic companies. The technology transfer profited more than 100 million yuan, setting a precedent for the export of China's acrylic technology. At present, the company has a production capacity of 210,000 tons/year of acrylic acid and 210,000 tons/year of acrylate, and its process technology and energy consumption have reached the world's advanced level.
Huayi Acrylic Company wins Shanghai Independent Innovation Award
At the 2009 Shanghai Science and Technology Award Conference held recently, Shanghai Huayi Group won a number of technical development and industrialization projects. Among them, Shanghai Huayi Acrylic Co., Ltd. won the first prize of independent innovation enterprise.