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Hubei Yihua plans to invest 10 billion yuan in building a chemical industrial park in Wuhai

2008-03-03View Original

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Wuhai City and Hubei Yihua Group held a project signing ceremony. Recently, our city and Hubei Yihua Group held a project signing ceremony; Yihua Group plans to invest 10 billion yuan in building a Yihua Industrial Park in Wuda Economic Development Zone, to develop the coal chemical and salt chemical industries.   Wei**, the secretary of the municipal Party committee, Bai Xiangqun, the mayor, Jiang Yuanhua, the chairman, general manager and secretary of the Party committee of Hubei Yihua Group, and Xu Delin, the vice mayor, attended the project signing ceremony.   The projects invested in our city by Hubei Yihua Group include a coal mine with an annual production capacity of 2 million tons, 2 thermal power plants with an annual capacity of 200,000 kilowatts each, a coke production facility with an annual capacity of 1 million tons, a methanol production plant with an annual capacity of 125,000 tons, an acetic acid production plant with an annual capacity of 200,000 tons, a calcium carbide production plant with an annual capacity of 800,000 tons, a PVC production plant with an annual capacity of 400,000 tons, a caustic soda production plant with an annual capacity of 300,000 tons, a vinyl acetate production plant with an annual capacity of 300,000 tons, a PVC product manufacturing plant with an annual capacity of 200,000 tons, and a 1.4-butanediol production plant with an annual capacity of 50,000 tons. The above projects will be constructed in three phases, with completion planned within 5 years. Upon completion of the project, sales revenue of 20 billion yuan will be generated.   It is reported that Hubei Yihua Group Co., Ltd. is one of the 520 key enterprises in the country. Established in 1977, it has grown into a large enterprise group operating in three main sectors: coal chemicals, phosphorus chemicals, and salt chemicals. Its products cover more than 20 varieties across three fields: fertilizers, chemical products, and thermal power. Yihua is the largest producer of chlor-alkali products in Hubei Province. It currently has a production capacity of 120,000 tons of PVC and 120,000 tons of caustic soda, ranking 8th in the country.   Bai Xiangqun asked the Uda District Party Committee, the district government, as well as the relevant departments of the city government to get ready and provide good service, making every effort to support this new project so as to ensure its construction begins as soon as possible.   Another update: Recently, Jiang Yuanhua, Chairman, General Manager, and Party Committee Secretary of Hubei Yihua Group, visited our city and held discussions with local leaders. Bai Xiangqun, Secretary of the Municipal Party Committee**, Mayor; Bai Yan, Deputy Secretary of the Municipal Party Committee**, and Xu Delin, Vice Mayor, accompanied him.   At the symposium, Bai Xiangqun introduced the economic and social development of our city in recent years. He said that Wuhai is a young industrial city; through 32 years of development, especially in recent years, its industrial economy has taken shape, with significant progress being made in the fields of coal chemical industry and chlor-alkali chemistry ; In 2004, the autonomous region was the first to implement urban-rural integration, with all 50,000 farmers being converted into city residents ; The municipal party committee and the municipal government have made a firm decision to carry out comprehensive measures to address environmental pollution, and as a result, the air quality in the urban area has improved significantly. In addition, the city’s education, science and technology, and cultural sectors have also seen rapid development; Wuhai University and the city’s secondary vocational and technical schools can provide enterprises with a variety of professional and technical talents.   After providing a detailed overview of Hubei Yihua Group, Jiang Yuanhua said that Wuhai has undergone tremendous changes in recent years; the entire city is clean and tidy, and the local officials and citizens exhibit a positive mental attitude ; Through adjusted development, the city’s economic strength has been significantly enhanced, and its investment environment has been further improved – all of which make it highly suitable for Yihua Group to invest and develop here.   Jiang Yuanhua and his party also visited the Binhe New Area, the site of the Huanghe Haibowan Water Control Project dam, and the city’s science and technology museum
Reply #22008-05-10
Recently, areas with coal resources such as Wuhai have been investing heavily in coal chemical projects. China’s economy is developing at a rapid pace, and as a result, coal chemistry has also become increasingly popular.
Reply #32008-05-18
Now, natural gas-based chemical processing clearly no longer has any advantages; everyone is focusing on coal-based chemical processing, as resources are everything

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