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Shuangxin Environmental Protection plans to invest 542 million yuan to build projects such as one with an annual production capacity of 100,000 tons of electronic-grade DMC

2026-03-06View Original

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Shuangxin Environmental Protection plans to invest 542 million yuan in building facilities capable of producing 100,000 tons per year of electronic-grade DMC, among other projects. 2026-03-06 14:47:11 On the evening of March 4, Shuangxin Environmental Protection (001369) issued a statement stating that its wholly-owned subsidiary, Ordos Shuangxin Chemical Industry Co., Ltd., intends to invest 542 million yuan in constructing a second phase of industrial waste gas utilization facilities, with the capacity to produce 100,000 tons per year of electronic-grade DMC as well as 30,000 tons per year of EMC/DEC. It is reported that this project will be developed by taking into account factors such as technology, raw material availability, and market conditions, as well as the specific circumstances of Shuangxin Chemical. Considerations will be given to advanced and reliable process technologies, an appropriately sized facility, and the use of domestically produced technologies. The production facilities for this project will have an annual capacity of 100,000 tons of electronic-grade DMC, along with an additional annual capacity of 30,000 tons of EMC/DEC. Project Overview
Full name of the project: Phase II of Shuangxin Chemical Industry’s comprehensive utilization of waste gases – a project with an annual production capacity of 100,000 tons of electronic-grade DMC, along with 30,000 tons of EMC/DEC per year.
Implementing entity: Ordos Shuangxin Chemical Industry Co., Ltd. (a wholly-owned subsidiary of Shuangxin Environmental Protection).
Location of construction: Mengxi Industrial Park, Etoke High-Tech Industrial Development Zone, Ordos, Inner Mongolia.
Total investment: 542 million yuan (516 million yuan for construction costs, 11 million yuan for financing expenses, and 15 million yuan as working capital).
Sources of funding: 163 million yuan from internal funds, and 379 million yuan from bank loans.
Construction period: 24 months.
Production capacity: 100,000 tons per year of electronic-grade DMC, 24,000 tons per year of electronic-grade EMC, and 6,000 tons per year of electronic-grade DEC.
Process and positioning: The methanol vapor-phase oxidation carbonylation method is used, with industrial waste gases utilized in the production process; this approach is in line with principles of circular economy and green, low-carbon development.
Regarding the purpose of investing in this project, the company states that both the high-quality products and electronic-grade products produced in the first phase of the DMC project were successfully manufactured from the outset, and production has been running well since then. The products have received high recognition in the market, and the company has already begun supplying them in bulk to some electrolyte manufacturers. To further optimize the industrial layout, increase the production volume and market share of the company’s DMC and EMC/DEC products, and boost the company’s overall economic efficiency, its wholly-owned subsidiary, Shuangxin Chemical, plans to carry out Phase II of the comprehensive utilization project for industrial waste gases, which will involve an annual production capacity of 100,000 tons of electronic-grade DMC along with 30,000 tons of EMC/DEC per year. Shuangxin Environmental Protection emphasizes that the product characteristics and production processes of this project are in line with the **green development strategy and industrial policies; they conform to the overall trends of the current market. They also match the goals of the circular economy sector within the Mengxi Industrial Park in the Ejin Horo High-Tech Industrial Development Zone in Ordos City. These factors facilitate the company’s optimization of its industrial structure, enable more efficient allocation of resources, help it seize market opportunities, and strengthen its influence and core competitiveness in the supply of raw materials for new energy applications. The project will not have a significant impact on the company’s financial position and operating results in the short term.
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