Shaanxi Xinghua achieves its best ever results in production and operations

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Shaanxi Xinghua Achieves Best Historical Performance in Production and Operations Author/Source: Xinghua Group Date: 2022-01-28 Clicks: 9 In 2021, Shaanxi Xinghua overcame various challenges such as pandemic-related restrictions, rising prices of raw materials, production limitations due to severe air pollution, and traffic restrictions associated with the National Games. It made every effort to ensure the stable, continuous, and efficient operation of its production systems, adjusted its product portfolio as needed, and strengthened coordination between production and sales. As a result, the output and prices of various products including ethanol, soda ash, ammonium chloride, hydrogen fluoride, methylamine, and MAC reached record levels. The old system achieved a record-high output of synthetic ammonia, with annual profits exceeding 100 million yuan. The Xinghua segment achieved annual revenue of 5.342 billion yuan and operating profits of 854 million yuan, exceeding the targets set by the group and recording its best performance ever. In 2021, the company overcame various adverse factors such as pandemic control measures, rising raw material prices, production restrictions due to severe air pollution, and traffic restrictions and shutdowns associated with the National Games. It made every effort to ensure the stable, continuous, and efficient operation of its production systems, adjusted its product portfolio in a timely manner, and strengthened coordination between production and sales. As a result, the production volumes and selling prices of various products including ethanol, soda ash, ammonium chloride, hydrogen fluoride, methylamine, and MAC reached record levels. The old system achieved a record-high output of synthetic ammonia, with annual profits exceeding 100 million yuan. The Xinghua segment achieved annual revenue of 5.342 billion yuan and operating profits of 854 million yuan, exceeding the targets set by the group and recording its best performance ever. On April 27, 2021, the 10,000-ton electronic-grade hydrofluoric acid production facility of the fluorosilicon company, for which 85 million yuan was invested, successfully completed its initial trial run and produced qualified products. As a key basic chemical material and essential supporting material in the electronics industry, the successful production of electronic-grade hydrofluoric acid has enriched Fushi Company’s product portfolio, expanded its profit potential, enhanced its market competitiveness, and accelerated its pace of transformation and upgrading. In November, Fusi Silicon Corporation achieved a profit of over two million, marking its first profit since it began operations. In order to mitigate the impact of the ban on chemical products during the 14th National Games, and in line with the needs for upgrading the company’s production systems, starting from September 13, the company carried out comprehensive maintenance work on both the old and new systems. More than 600 minor tasks were completed under 6 major categories related to the old system, including major repairs to air compressors, catalyst replacement, and SIS-related adjustments. For the new system, 21 major categories and over 1,200 minor tasks were addressed, including those related to ultra-low emission control, VOCs treatment, and the replacement of the methamine T741 tower. The completion of the major maintenance on both the old and new systems has laid a solid foundation for improving operational quality and achieving increased production and revenue by 2022.