Longxing Technology plans to invest 237 million yuan in a project to upgrade and optimize the waste heat generation units used to process carbon black exhaust gases
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On September 25, Longxing Technology (002442) announced that it plans to invest in a project to upgrade and optimize the waste heat generation units used to process carbon black exhaust gases. The planned investment for this project is 237 million yuan, with a construction period of 11 months. This project involves the upgrading of the existing carbon black exhaust gas generator sets and associated environmental protection facilities at the company’s Shahe production site. The current steam turbine generator sets will be transformed into ultra-high temperature and ultra-high pressure steam turbine generator sets, resulting in a 31% improvement in energy recovery efficiency, which will help the company enhance its energy efficiency.
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