Four banks agree to provide a loan of 1.05 billion yuan to support the construction of Xiangyun’s 300,000-ton synthetic ammonia plant

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Four banks agreed to provide a loan of 1.05 billion yuan to support the construction of Xiangyun’s 300,000-ton synthetic ammonia plant. Author/Source: Xiangyun Shares Date: 2019-08-26 Clicks: 87 On August 15, the signing ceremony for the syndicated loan for Xiangyun Shares’ 300,000-ton synthetic ammonia project was held in Xiangyun. Xiangyun’s 300,000-ton synthetic ammonia project is a key project in Hubei Province, with plans to begin operations in October 2020. After going into production, it is expected to generate an annual net profit of 250 million yuan. The project utilizes internationally advanced technologies for the clean use of coal as an energy source, and employs stable and reliable equipment and materials to ensure its safe and efficient operation. The project features a high degree of automation, utilizing advanced international centralized control systems and safety instrumented interlock systems to create an unattended operation environment. The IMC wastewater treatment process, which has been recognized by environmental protection industry associations as a \"key environmental protection technology,\" along with semi-dry desulfurization and denitrification technologies, is employed to achieve Class A wastewater treatment standards and ultra-low emissions of waste gases, thereby creating a green factory.