Summary of major industry events!

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December 2021: The Ministry of Ecology and Environment provides an explanation of the new version of the list of wastes excluded from hazardous waste management. On December 7, a responsible official from the Department of Solid Waste and Chemicals under the Ministry of Ecology and Environment gave an explanation of the \"List of Wastes Excluded from Hazardous Waste Management (2021 version)\\" that had been issued. The official stated that in terms of environmental benefits, one of the strengths of the List is that it involves a reduction in the environmental management requirements for hazardous waste, provided that environmental risks can be kept under control. It specifies that certain solid wastes do not constitute hazardous waste, which helps local authorities to focus their supervision on those wastes that are truly hazardous. Seven types of waste generated during resin granulation processes have now been classified as ordinary industrial solid wastes. December 2021: New breakthroughs achieved in the construction of deep-water jacket platforms developed independently in China. On December 7, the main structure of China’s first 300-meter-class deep-water jacket platform, designed and built domestically – the jacket for the Lufeng 15-1 oil field in the eastern South China Sea operated by CNOOC – was successfully assembled in Zhuhai. This marks a new breakthrough for China in terms of the design and construction technology of ultra-large offshore oil and gas platform jackets. December 2021: With the approval of the State Council, China Logistics Group was established through integration! _ With the approval of the State Council, China Logistics Group Co., Ltd. was officially established on December 6. This new central state-owned enterprise, whose main business is integrated logistics, has carried out specialized integration based on the logistics segments of the former China Railway Materials Group Co., Ltd. and China Chengtong Holdings Group Co., Ltd. At the same time, it has introduced China Eastern Airlines, COSCO Shipping, and China Merchants Group as strategic investors to achieve equity diversification. In terms of its equity structure, the State-owned Assets Supervision and Administration Commission of the State Council and China Chengtong Holding Group Co., Ltd. each hold 38.9% ； The holding percentages of the 3 strategic investors are 10%, 7.3%, and 4.9% respectively. December 2021: 55 billion yuan invested! Huayi Qinzhou Phase III Advanced Materials Project to Cover Five Industrial Chains _ A statement on the website of the Qinzhou Development and Reform Commission in Guangxi states that in order to accelerate the construction of the Huayi Phase III Advanced Materials Project, on December 4th, the commission organized relevant departments to hold a \"cloud-based consultation\" meeting with Shanghai Huayi Group regarding the development of this project. The Hua Yi Phase III Advanced Materials Project covers an area of about 7,600 mu, with a planned total investment of 55 billion yuan. It is expected to generate an additional output value of 75 billion yuan, and 21 sub-projects will be built across five industrial chains, including those for biodegradable materials, polyurethanes, olefin materials, nylon 66, and products derived from acetic acid. The China Inorganic Salts Industry Development Conference in 2021 came to a successful conclusion in Wuxi _ From December 8th to 9th, the China Inorganic Salts Industry Development Conference was held in Wuxi. More than 300 representatives from the chemical industry, enterprises, and **organizations** gathered to discuss the new situations, challenges, and opportunities faced by the inorganic salts industry in the first year of the 14th Five-Year Plan period. They sought strategies for industry development, worked together to establish a new pattern of growth, promoted the green transformation of the inorganic salts industry, and strived for high-quality development across the sector, with the goal of transforming China from a major country in this field into a leading one. December 2021: The benchmark price for long-term coal contracts for next year was set at 700 yuan, an increase of 31% compared to the previous figure. Last week, the \"Work Plan for the Signing and Implementation of Medium- and Long-Term Coal Contracts in 2022 (Draft for Comments)\” prepared by the Economic Operations Bureau of the National Development and Reform Commission was released by the China Coal Industry Association at the 2022 National Coal Trade Fair. The industry generally believes that medium- to long-term contracts account for around 80% of China’s total coal supply, and changes in the prices of these contracts have a significant impact on industries involved in the coal supply chain, both upstream and downstream.