Signing of project in Fuling, Chongqing for 600,000 tons of biojet fuel with total investment of 9 billion yuan

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Total investment of 9 billion yuan! Signing of Chongqing’s 600,000-ton biojet fuel project 2025-03-26 On March 18, Fuling District in Chongqing held a ceremony for the signing of key investment promotion projects and private economy projects for the first quarter of 2025; a total of 44 projects were signed, with an agreed total investment of 31.731 billion yuan and an agreed annual output value of 44.144 billion yuan. Among them, Jiangsu Zhongshun New Materials Technology Co., Ltd.’s 600,000-ton bio-jet fuel project has a total investment of 9 billion yuan; once completed, it will further strengthen the advanced materials industry cluster in Fuling District. “The project utilizes internationally advanced biojet fuel technology to produce high-quality, environmentally friendly biojet fuel from waste animal and plant oils. ”A responsible official from Jiangsu Zhongshun New Materials Technology Co., Ltd. said that once the 600,000-ton biojet fuel production facility is fully operational, it will generate an annual output value of 12 billion yuan, annual tax revenues of 600 million yuan, and a reduction in carbon dioxide emissions of over 1 million tons per year – an ecological benefit equivalent to planting 60 million trees. Jiangsu Zhongshun New Materials Technology Co., Ltd. is located in the Economic and Technological Development Zone of Yangzhou City, Jiangsu Province. It is a company that focuses on the research and development of new materials, the provision of services related to the promotion of such materials, energy storage technology services, research and development in the field of emerging energy sources, as well as services related to biomass energy.