Ocean Bio: Plans to invest 500 million yuan in projects for potassium carbonate and other new materials
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Dayang Biology: Plans to Invest 500 Million Yuan in Projects for Potassium Carbonate and Other New Materials – December 2025. On December 12, Dayang Biology announced that it intends to sign a strategic cooperation agreement on the supply and demand of potassium hydroxide products with Shandong Yarong Chemical Co., Ltd. The company plans to build, through its wholly-owned subsidiary, facilities for producing 60,000 tons per year of lightweight potassium carbonate using the carbonation method, as well as 30,000 tons per year of heavy potassium carbonate using the fluidized bed method. By taking advantage of Shandong Yarong Chemical’s capabilities in potassium hydroxide production and its stable supply of carbon dioxide in the industrial park, Dayang Biology aims to increase its production capacity for potassium carbonate products. At the same time, local resources are integrated to enhance coordination among industries upstream and downstream in the park, thereby creating space for the development of new product varieties in the future. The project is planned to require an investment of 500 million yuan.
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