【Haichuan Chemical Project Updates】16.7 billion! Guang’an Bemida signs a contract with China Chengda for a 500,000-ton/year bisphosphonate project

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Coordinates: Guang’an, Sichuan. Project: Guang’an Bimida 500,000 tons/year Diphosgene Project. Investment amount: 16.7 billion yuan. Latest development: On May 29th, Guang’an Bimida Biotechnology Co., Ltd., a subsidiary of Sichuan Hebang Investment Group, and Chengda Company held a signing ceremony for the engineering design contract of the Guang’an Bimida 500,000 tons/year Diphosgene Project in Leshan City. The project is expected to be completed and put into operation by the end of 2024, with an annual production capacity of 500,000 tons of bisphosphonate, making it the largest bisphosphonate production facility in the world. On March 1, 2022, the Hebang Biology project team went to Guang’an for an inspection. On March 5, 2022, investment promotion officials from Guang’an visited the headquarters of Hebang Biology for discussions. On March 11, 2022, the terms of the cooperation framework agreement between the two parties were finalized. On March 22, 2022, the agreement text was finalized. On March 26, 2022, the municipal Party committee’s ** meeting finalized the cooperation agreement. On the morning of April 18, 2022, Hebang Biology successfully signed an agreement with Guang’an, and the project was officially established there.