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On January 15, Lubei Chemical announced that, in order to alleviate the pressure associated with transportation costs, reduce the public hazards posed by the transport of sulfuric acid, and improve the company’s circular economy industry chain, it plans to build a new facility for producing sulfuric acid from sulfur as well as for generating power using waste heat, with an annual capacity of 600,000 tons. The total investment in the project is approximately 330 million yuan, with a construction period of 2 years. The main objectives of the construction are to produce 600,000 tons of industrial sulfuric acid per year (equivalent to 100% sulfuric acid), generate 56,000 MW of electricity from waste heat annually, and produce 1.0208 million tons of steam per year as a by-product. The main constructions include sulfur storage tanks, sulfur melting plants, sulfur combustion and conversion unit areas, dry absorption unit areas, generator rooms, sulfur dioxide and sulfuric acid storage tank areas, as well as utility systems, landscaping, roads, etc. 94 sets of key production equipment were purchased, including sulfur melting and filtering units, liquid sulfur filters, liquid sulfur storage tanks, sulfuric acid storage tanks, sulfur combustion furnaces, converters, heat exchangers (both hot and cold), main blowers, drying towers, secondary absorption towers, dry acid coolers, circulating acid pumps, modular cooling towers, low-temperature waste heat recovery systems, back-pressure steam turbines, and steam turbine generators.