Alkali Project Set to Begin Production in Chongqing, China

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Researched by Industrial Info Resources (Sugar Land, Texas) -- A 600,000-ton per year alkali co-production project is to go into production in Chongqing Municipality, Southwest China, in October 2007. This project is owned by Hubei Yihua Group, LLC (HYG) (Yichang City, Hubei Province), one of China's top 10 enterprises in the petrochemical industry. In September 2006, HYG set up Chongqing Yihua Petrochemical, LLC in Wanzhou City, Sichuan Province to oversee all staff involved with the development of this alkali co-production project.

This project required a total investment of $130 million. Once operational, it will produce 600,000 tons of ammonium chloride, 400,000 tons of light soda and 200,000 tons of low-salt heavy soda, thus delivering a projected annual sales income of $160 million and create 1,000 jobs.

As China’s largest chemical fertilizer manufacturer, HYG has total assets worth $2 billion with more than ten branch companies. Products cover four major fields, chemical fertilizer, chemical industry, thermoelectricity generation and mining. The year of 2006 witnessed a sales income of $1.4 billion, while that of 2007 is expected to exceed $2 billion.

HYG is China’s largest alkali co-production enterprise, which produces 1.2 million tons of pure alkali, 1.2 million tons of chlor ammonia, 250,000 tons of caustic soda and 250,000 tons of PVC (polyvinyl chloride). It’s also China’s largest compound ammonia and urea manufacturer with annual output of compound ammonia at 3 million tons and urea at 3 million tons. HYG is the largest pentaerythrite manufacturer in the world with annual output of pentaerythrite at 80,000 tons. While occupying 70% of domestic market, the pentaerythrite export of HYG totaled at $70 million for 2006.

HYG plans to produce 2 million tons of pure alkali, one million tons of PVC (polyvinyl chloride) and one million tons of caustic soda by 2008 when sales income reaches $2.6 billion.

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