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Jinmei Group officially signed a contract with Huaqiang Chemical

2009-02-01View Original

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Recently, Jinmei Group and Hubei Huaqiang Chemical Group Co., Ltd. formally signed a contract. The two parties established a strategic partnership to jointly build, strengthen and optimize the integrated fertilizer, chemical and energy industries. A new fertilizer enterprise aircraft carrier will be born in Dangyang. Hubei Huaqiang Chemical Group is a modern chemical enterprise group in Dangyang City with an annual output of 600,000 tons of synthetic ammonia alcohol, 800,000 tons of urea, 150,000 tons of methanol, and 150,000 tons of dimethyl ether. ; Shanxi Jincheng Coal Industry Group is a limited liability company controlled by the Shanxi Provincial State-owned Assets Supervision and Administration Commission with a diversified equity structure. It ranked 149th among the top 500 Chinese enterprises in 2008. ; Jinshi Fertilizer Co., Ltd. is a large-scale fertilizer and chemical enterprise with an annual output value of 1.3 billion yuan and a total annual ammonia production capacity of 450,000 tons. It ranks 26th among the top 100 enterprises in Shijiazhuang City. The joint venture cooperation between Hubei Huaqiang Chemical Group Co., Ltd. and Jinshi Chemical Fertilizer Co., Ltd. of Jinmei Coal Group will strengthen exchanges and cooperation in terms of talents, technology, culture, information, etc. The problem of high-quality and low-price coal supply that plagues Hubei Huaqiang Chemical will be easily solved. The sharing of resources and complementary advantages of both parties can further promote the in-depth development of the enterprise into phosphorus chemical industry, salt chemical industry, energy industry, and circular economy, and build an aircraft carrier for fertilizer companies.

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