Three petrochemical project launching ceremony was held in Baicheng County Heavy Chemical Industry Park

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China Drying Network News learned from the Administrative Office of Aksu Prefecture in Xinjiang that, on August 27th, Xinjiang Jinhui Zhaofeng Cycle Industrial Park will annually produce 1.3 million tons of coking coal (one furnace), produce 1 million tons of cement per year, and produce 1.8 million tons of coal annually. The start-up ceremony for the start-up of the three projects of the plant was held in the Baicheng County Heavy Industry Park.

The total investment of the 1.3 million tons/year coking project that was completed and put into operation was 1.19 billion yuan, and the annual output value was 2.16 billion yuan, the average annual total profit was 360 million yuan, the average annual income tax was 90 million yuan, and 1 million tons of cement per year. With an investment of about 380 million yuan, it can produce 850,000 tons of clinker and 1 million tons of cement annually, and realize an annual sales income of 400 million yuan. The total investment of the 1.8 million tons/year coal preparation plant will be about 113 million yuan, and the annual sales income will be 54109. Ten thousand yuan, 39.53 million yuan of profits, and taxes of 3.68 million yuan.

The Jinhui Zhaofeng Cycle Industrial Park Project in Xinjiang is planned for construction in 2010 by Jinhui Energy Group Co., Ltd., headquartered in Xiaoyi City, Shanxi Province, with a total investment of approximately 25 billion yuan, mainly in Baicheng County, rich in coal, salt, limestone, etc. Resources are raw materials, and in accordance with the principle of reduction, reuse, and resource utilization, resources, products, waste, and renewable resources are recycled to produce PVC, coke, cement, caustic soda, calcium carbide, and LNG. The entire project will be constructed in two phases and it is expected that it will be completed and put into operation in 2015.

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