Facing an urgent need for coal! Danhua Technology plans to partially halt ethylene glycol production

Thread Content

Facing an urgent need for coal! Danhua Technology plans to partially halt ethylene glycol production. Author/Source: Coal Chemical Industry 114 Forum. Date: October 22, 2021. Page views: 12. On the evening of October 19, Danhua Technology issued a announcement stating that it had received notice from its holding subsidiary Tongliao Jinmei. Recently, there has been a shortage of raw coal supply in the area where Tongliao Jinmei operates, making it difficult for the company to maintain normal production levels. Therefore, Tongliao Jinmei has decided to cease ethylene glycol production starting October 20, while continuing normal oxalic acid production. On the same day, Yingli Shares also issued a statement stating that its wholly-owned subsidiary, Zhenzhun Electronics (Kunshan) Co., Ltd., would be forced to suspend production due to power shortages in the area; in accordance with the instructions from relevant authorities, production would be halted from October 25 to October 27, and intermittent production stops of 6 days per month would take place starting in November. The subsidiary affected by the production halt this time is Tongliao Jinmei, a holding subsidiary of Danhua Technology. Located in Tongliao City, Inner Mongolia, it serves as the main operating entity for the listed company.