China Chemical Signs Chlor-alkali Project

On August 18th, the signing ceremony of Hebei Shenghua Co., Ltd. and the China National Chemical Corporation New Materials Corporation's capital increase and share expansion joint venture cooperation signing ceremony and the project cooperation agreement between Zhangjiakou Municipal People's Government and China National Chemical Industry Corporation New Materials Corporation were held in Zhangjiakou.

According to the agreement, the company will first invest 300 million yuan to update and adjust existing equipment and equipment; after 3 to 8 years, it will invest 10 billion yuan and adopt advanced technology and equipment at home and abroad so that the annual production capacity of PVC resin will reach 100. 10,000 tons, ion-exchange membrane caustic soda reached 800,000 tons, calcium carbide reached 1 million tons, cement reached 2 million tons (using calcium carbide waste residue), and a 10 million-ton/year sewage treatment plant was built, eventually forming a chlor-alkali industrial base in northern China.

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