 Home > Chemicals Industry > China Chemical > Huilong Co., Ltd. plans to raise more than 1 billion yuan to lay out the fine chemical industry chain

Huilong Co., Ltd. plans to raise more than 1 billion yuan to lay out the fine chemical industry chain

 Last Update: 2021-09-04
 Source: Internet
 Author: User

Tags

oseltamivir phosphate used

phosphate laundry detergent

Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com

Sinochem News.
com.
cn on December 15th, Huilong shares disclosed that it plans to raise funds not to exceed 1.
084 billion yuan for the investment in the construction of the 10,000-ton/year cresol project of Anhui Haihua Technology Co.
, Ltd.
, and Anhui Haihua Technology Co.
, Ltd.
15,000-ton/year BHT expansion project, Anhui Huilongmohekou cogeneration project, Anhui Huilong Zhongcheng Technology Co.
, Ltd.
Monoammonium Phosphate Technical Transformation Supporting Project and supplementary working capital
.

Specifically, the total investment in the cresol project of Anhui Haihua Technology Co.
, Ltd.
during the 10,000-ton/year period is 306 million yuan, of which 196 million yuan will be used to raise funds
.

This time Haihua Technology plans to invest in the m-cresol project to provide raw material guarantee for the company's new menthol project

Anhui Haihua Technology Co.
, Ltd.
's 15,000-ton/year BHT expansion project has a total investment of 92,587,200 yuan, of which 67,489,600 yuan of raised funds will be used
.

The project will increase the BHT production capacity by 7,000 tons/year on the basis of the original production capacity of 8,000 tons/year

　　Anhui Huilong Zhongcheng Technology Co.
, Ltd.
Monoammonium Phosphate Technical Transformation Supporting Project is based on Zhongcheng Technology’s existing sulfuric acid and monoammonium phosphate production lines and products, and further extends the industrial chain downstream, and newly builds the waste heat from the original sulfuric acid plant.
A compound fertilizer production line using boiler steam as the heat source and the original products of monoammonium phosphate and sulfuric acid as raw materials
.

After the project is completed, it will have an annual production capacity of 150,000 tons of chlorine-based slow-release compound fertilizers and 150,000 tons of sulfur-based slow-release compound fertilizers

　　Huilong shares said that this issuance is based on existing industrial sector projects and expands to the upstream and downstream of fine chemicals and compound fertilizers, which will help the company extend the industrial chain and cultivate new profit growth points

This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.