Sanyou Chemical plans to invest nearly 2 billion yuan in projects such as caustic soda production

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On the evening of July 19, Sanyou Chemical announced that its wholly-owned subsidiary, Tangshan Sanyou Fine Chemicals Co., Ltd. (hereinafter referred to as the “Fine Chemicals Company”), plans to take advantage of facilities such as the Caofeidian Port and the petrochemical complex to invest in the construction of projects including caustic soda in the chemical industry park of the Caofeidian Industrial Zone, with a total approved investment of 1.962 billion yuan. The project covers an area of 499 mu, and mainly involves the construction of production facilities with an annual output of 40,000 tons of thionyl chloride, 50,000 tons of chloroacetic acid, and 98,000 tons of caustic soda. It also includes all the auxiliary facilities and utility systems necessary to support these production facilities, as well as the area in front of the factory.