# Shenma's nylon chemical and Jianyuan coal coke plan joint venture for adipic acid project

Shenma's holding subsidiaries nylon chemical company and Jianyuan coal coke company plan to jointly invest in Ordos Shenma Jianyuan nylon Chemical Co., Ltd. with registered capital of 1 billion yuan. The joint venture will build a 300,000 t/a adipic acid project.

- Type: Investment
- Announced: 2022-06-22
- Where: Ordos, China
- Value: $148.0M (1.00B CNY)
- Status: announced
- Capacity: 300,000 t/a adipic acid
- Products: adipic acid
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Shenma Co., Ltd.](https://endata.com/companies/63617.md)
- [Nylon Chemical Company](https://endata.com/companies/63618.md) (investor)
- [Jianyuan Coal Coke Company](https://endata.com/companies/63619.md) (investor)

## Sources

- [equalocean.com](https://equalocean.com/briefing/20220622230146145), 2022-06-22: "Shenma shares announced that the company's holding subsidiaries nylon chemical company and Jianyuan coal coke company planned to jointly invest in the establishment of Ordos Shenma Jianyuan nylon Chemical Co., Ltd."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.