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Xinxiang in Henan makes efforts to develop a chemical industry cluster

2021-12-15View Original

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Xinxiang, Henan, is making efforts to foster the development of a chemical industry cluster. Author/Source: Jiujiang Xinlianxin Fertilizer Co., Ltd. Date: December 15, 2021. Click-through rate: 2. On December 1, the official website of Xinxiang City, Henan Province, released the “Action Plan for Fostering the Development of the Chemical Industry Cluster in Xinxiang (2021–2023)”, which outlines the key directions for the development and growth of industrial clusters in areas such as modern coal chemical industry, new chemical materials, and high-end fine chemicals. The Plan stipulates that by 2023, the chemical industry aims to achieve operating revenue exceeding 27.5 billion yuan, with an average annual growth rate of 4%. It also seeks to foster one enterprise with revenues surpassing 10 billion yuan (Xinlianxin Group), as well as two enterprises with revenues exceeding 2 billion yuan each (Yinjinda Group and Ruifeng New Materials). By 2025, the business revenue is expected to exceed 30 billion yuan, with an average annual growth rate of 4%. One enterprise with a revenue of over 20 billion yuan is to be developed (Xinlianxin Group), and two enterprises with a revenue of over 5 billion yuan each (Yinjinda Group and Ruifeng New Materials). In terms of modern coal chemical industry clusters, efforts will be focused on developing the Xinlianxin Group’s modern coal chemical demonstration base. Production capacity quotas for ammonia and methanol within the region will be allocated to this base as a priority. Utilizing syngas, ammonia, methanol, and other resources as foundational elements, the industrial chain will be extended both vertically and horizontally, fostering the clustered development of related industries. This will ultimately give rise to a diversified industrial development system characterized by resource efficiency, circularity, and environmental sustainability. Accelerate the promotion and application of large-scale continuous pressurized gasification units, promote the optimization and upgrading of core gasification technologies, and achieve the clean and efficient utilization of coal. Implement flexible adjustments to the production capacities of ammonia and methanol products, and utilize the multi-product process based on coal-derived syngas to develop high-end fine chemical products and new chemical materials. Increase the research and development as well as the promotion of high-end new fertilizers, focusing on reducing fertilizer use while improving efficiency, restoring soil quality, and enhancing the quality of fruits, vegetables, and grains, in order to achieve environmentally friendly production processes and a diversified product portfolio for the enterprise. Utilizing raw materials such as methanol and hydrogen, develop downstream high-value-added products like formaldehyde, amino resins, hydrogen peroxide, and dimethylformamide. In the field of chemical new material industries, in response to the demand for high-end chemical new materials in areas such as aerospace, new energy vehicles, energy conservation and environmental protection, healthcare, and consumer upgrading, efforts are being made to overcome supply constraints related to key chemical new materials as well as essential supporting raw materials. Through technological upgrades and research and development innovations, the performance of existing materials is being improved, new products are being developed, and the overall level of industrialization is being enhanced. In terms of the high-end fine chemical industry cluster, we will leverage our traditional strengths in the specialty chemicals sector to continuously upgrade key areas of advantage, such as the furfural and furfuryl alcohol industrial chain, resin products, formamide-based products, pyrrolidine-related products, and oilfield chemicals. This will help foster a number of leading enterprises in niche industries that produce high-quality products with high added value, while minimizing resource consumption and environmental pollution. Support Libai Industrial in developing high-end, personalized cleaning products and introducing high-quality daily chemical products ; Support Jinyuan Chemical in expanding into the field of pharmaceutical intermediates, centered around its main product, p-hydroxybenzoic acid ester, thereby extending its industrial chain ; Support the development of high-end fibers to promote the green development of the textile and apparel industry. Regarding the acceleration of project construction, the Plan specifies that major projects should be planned around leading enterprises, key industries, and core development areas, with efforts made to bring them online as soon as possible. Priority will be given to 23 projects with a total investment of 15.85 billion yuan, including the green transformation of Xinchuanxin Group, the \"6080\" project in Jinkaiyanhua, the project by Zhongke Xintou to produce 500,000 tons per year of PBAT-based biodegradable resins, and Ruifeng New Materials’ project to produce 150,000 tons per year of lubricant additive products. Once these projects are operational, they are expected to generate an additional annual sales revenue of 18.22 billion yuan and an additional annual profit and tax income of 2.85 billion yuan. Su Dong, executive vice president of the Henan Provincial Petrochemical Association, believes that Xinxiang is an important industrial base in Henan, with a solid industrial foundation and numerous star enterprises in various industries. It is crucial to fully leverage its role as a leader and the driving effect of industrial clusters. The “Plan” aptly reflects the future development path of Xinxiang’s chemical industry. “ The release of the “Plan” has filled us with confidence in future development. ”Zhang Qingjin, general manager of Henan Xinlianxin Chemical Industry Group Co., Ltd., said that Xinlianxin will seize the opportunities and challenges associated with high-quality development, take on the dual mission of advancing its own growth while also fostering the development of the industrial clusters in Xinxiang, and strive to make due contributions to the high-quality economic development of Xinxiang.

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