OerlikonBarmagHuitong (Yangzhou) Engineering Co., Ltd (hereinafter referred to as OBHE) was established in Yangzhou on 1st Nov.2015, and it is an engineering company which is engaged in business of polycondensation such as PET, PBT, PTT, PAN (Carbon Fiber Grade) etc. The registered capital of OBHE is RMB 100 Million, and it is a joint venture which is jointly invested and set up by OerlikonBarmag and Yangzhou Huitong Chemical Engineering Technique Co.,Ltd (hereinafter referred to as HTCE), currently it has 25 patented technologies.

OerlikonBarmag is a world-leading engineering company by providing complete plant of spinning, texturing and staple fiber equipment. It has over 40% market share in the field of spinning, and has great advantages in the field of PA, PET, PP spinning machine and texturing equipment over other global competitors. Also OerlikonBarmag has the biggest R&D center among the same institutions in the world, and concentrates on new products development which has advanced innovation and technology.

HTCE is the first polycondensation engineering company in China which was established in Yangzhou in 1993. It is engaged in the business of chemical engineering design, technology transfer and EPC contract, such as polyester (PET, PBT, PTT, PBAT), H2O2, PA66, Carbon Fiber (PAN), industry waste water treatment.  Until now, the total capacity of PET polycondensation is over 7.80 million ton per year from all global customers of HTCE. Also HTCE makes unceasing progress in technology which is driven by its powerful R&D ability, especially for its world-leading technology of liquid state polymerization and directly spinning of industry yarn.

It is obvious that the joint of those two companies is not only an alliance between two giants, but also a perfect combination of upstream and downstream. Now the industrial chain of Manmade Fibers Segment in Oerlikon Group has become more complete under our slogan “from melt to yarn”, and the global competitive strength of joint venture even of as well as Oerlikon OMF Segment are significantly enhanced. Based on the advantages in EPC contract, equipment, R&D, and market in the field of polycondensation and spinning which originated from OerlikonBarmag and HTCE, the joint venture will take full advantage of them and provide best reasonable, optimized and advanced complete plant from polycondensation to spinning for the global customer in those industries.