Thread Content
Recently, Hualu Hengsheng (Jingzhou) Co., Ltd., a subsidiary of Hualu Group, signed an investment agreement with the People’s Government of Jiangling County for the Jingzhou Green New Energy Materials Project. This move aims to accelerate the construction of the second phase of the project, with an investment amount of 5 billion yuan, in order to further expand the scope of development in the high-end chemical industry and pave the way for new chapters of mutual cooperation and success. The signing ceremony was held in Jingzhou City, with Wu Jin, Secretary of the Municipal Party Committee, and Fan Jun, Secretary of the Party Committee and Chairman of Hualu Group, attending the ceremony and delivering speeches. Wu Jin expressed gratitude to Hualu Group for its confidence in and commitment to Jingzhou. Wu Jin said that Hualu Group focuses solely on its core business, emphasizing the development of new products as it expands in scale, and striving to improve quality and efficiency amid rapid growth. The ‘five new’ drivers – new products, new technologies, new markets, new partnerships, and new mechanisms – continue to play a key role, driving high-quality development at a steady pace. The strategic thinking, entrepreneurial spirit, dedication, and practical approach demonstrated by the group are worth learning from. The Hualu Hengsheng Green New Energy Materials project, which was signed today, will surely inject new momentum into the development of Jingzhou. The Jingzhou Municipal Party Committee and Government will continue to act as the top-notch ‘service providers’ for Hualu Group, responding promptly to every request and not causing any disturbance. With the highest level of courtesy, utmost sincerity, and maximum effort, they will serve the project development to ensure its early commissioning and success. On behalf of Hualu Group, Fan Jun expressed his sincere gratitude to the leaders at all levels in Hubei Province, Jingzhou City, and Jiangling County for their trust and support! Fan Jun said that in 2020 the group decided to build a second facility in Jingzhou; the investment for the first phase of this project amounts to 12.3 billion yuan, and construction has now begun in full swing. On this basis, the group has decided to launch Phase II projects promptly, investing 5 billion yuan to focus on the development of high-performance green chemical materials and new energy industries, in order to further strengthen its competitive advantages and enhance its overall strength. The group will fully leverage the functions of a state-owned capital investment company to provide comprehensive support to Hualu Hengsheng. By working together with Party committees at all levels in Jingzhou, it aims to transform the new facility into a first-class, industry-leading modern coal chemical enterprise that features park-style management, smart technology, high-end capabilities, and direct market connectivity, within 5 to 10 years, thus serving as a model for high-quality development in Jingzhou. Zhou Zhihong, Deputy Secretary of the Municipal Party Committee and Mayor, presided over the signing ceremony. Li Xiangang, Deputy Secretary of the Jiangling County Party Committee and County Head, and Zhuang Guangshan, member of the Party Committee and Deputy General Manager of Hualu Hengsheng, as well as Party Secretary and Chairman of the Jingzhou Company, signed the agreement on behalf of both parties. Chang Huaichun, Party Secretary, Chairman, and General Manager of Hualu Hengsheng, introduced the project investment details and the construction plan. He said that under the leadership of Hualu Group and with the support of Jingzhou City, all the employees of Hualu Hengsheng are confident and capable of turning Jingzhou Company into a leading enterprise in the local green chemical industry, thereby becoming an important industrial pillar and source of revenue for Jingzhou! The Syngas Comprehensive Utilization Project and the Park Gas Power Platform Project of Hualu Hengsheng (Jingzhou) Co., Ltd. are planned to require an investment of 46 billion yuan to build a modern coal chemical complex in Jingzhou. The construction will take place in three phases: Phase 1 is expected to cost 11.5 billion yuan and cover an area of over 2,400 mu. It includes two sub-projects – the Park Gas Power Platform and the Syngas Comprehensive Utilization Platform. Using advanced technologies for the efficient and clean utilization of coal, this facility will be capable of producing millions of tons per year of acetic acid, 700,000 tons of urea, 300,000 tons of molten urea, 100,000 tons of melamine resin, 150,000 tons of DMF, 13,600 tons of sulfur, and 150,000 tons of mixed methylamine ； Phase II and Phase III projects will build on the foundation of Phase I to produce high-end chemical materials, fine chemicals, and hydrogen energy products.