【Haichuan Chemical Salary Updates】Sinohsalt Inner Mongolia Chemical has completed a major restructuring
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Recently, “Inner Mongolia Lantai Industrial Co., Ltd.” was officially renamed “CNSIG Inner Mongolia Chemical Industry Co., Ltd.” China Salt Inner Mongolia Chemical Co., Ltd. (abbreviated as “China Salt Inner Mongolia Chemical”) is a subsidiary of China National Salt Industry Group Corporation, with its headquarters located in the Alxa High-Tech Industrial Development Zone in Inner Mongolia. Originally known as the \"Jilantai Salt Field\", it was established in 1953. In 1998, \"Inner Mongolia Lantai Industrial Co., Ltd.\" was founded, and the company went public on the Shanghai Stock Exchange in 2000.
To accelerate the development of high-quality chemical enterprises, enhance the synergistic effects among China Salt Corporation’s subsidiaries, and improve the overall operational efficiency and profitability of its chemical business segment, in December 2019, China Salt Corporation strengthened its strategic planning and carried out major asset restructurings involving Zhongyan Jilantai Salt Chemical Group Co., Ltd., Zhongyan Kunshan Co., Ltd., and Inner Mongolia Lantai Industrial Co., Ltd. At the beginning of this year, China Salt Group overcame the negative impacts of the pandemic and accelerated the institutional integration and staff consolidation of its three companies, achieving a transition from physical integration to chemical integration. After the restructuring, the total assets of Zhongyan Inner Mongolia Chemicals increased by 109.04% compared to before the restructuring; its operating revenue rose by 165.71%, its total profit increased by 120.36%, and its net profit increased by 141.82%. This enhanced its influence in the chemical industry, improved its profitability and risk resistance, and laid a solid foundation for Zhongyan Group to build an outstanding chemical enterprise.
Zhongyan Inner Mongolia Chemical adheres to the new development concept; as it grows and develops, it accelerates its efforts in technological innovation and vigorously implements an innovation-driven development strategy. It has established a circular economy industrial chain that encompasses \"salt, salt chemicals, fine chemicals, energy chemicals, polymer materials, and biopharmaceuticals.\" Its asset scale, industrial structure, economic efficiency, and level of technical equipment all place it at the forefront of the industry. Leveraging its advantages in resources such as lake salt, coal, and limestone, the region focuses on the development of fine chemicals. Its main production facilities include: a polyvinyl chloride production line with an annual capacity of 400,000 tons, equipped with comprehensive domestic resources; a resin production line with an annual capacity of 100,000 tons; a calcium carbide production line with an annual capacity of 640,000 tons; a caustic soda production line with an annual capacity of 360,000 tons; two 135MW power plants for internal use. It also has a metal sodium production line with an annual capacity of 65,000 tons, the highest in the world, an 800-ton/year nuclear-grade sodium production line – the only one in China to be included in the **863 Program**, a sodium chlorate production line with the largest capacity in China at 100,000 tons per year, and a soda ash production line with an annual capacity of 2.4 million tons. The region boasts two large salt lakes with a total storage capacity of around 200 million tons. The company’s products are sold throughout the country, and products such as polyvinyl chloride, caustic soda, metallic sodium, and sodium chlorate are also exported to more than a dozen countries and regions in North and South America, Europe, Asia, Oceania, and elsewhere.
This post was last edited by Desert Fish on 2020-6-11 at 17:52
Lake salt, coal, limestone..... How is carotene produced from salt?