Xinjiang Zhongtai Chemical Co., Ltd. (hereinafter referred to as "Zhongtai Chemical") recently announced that in 2022, the company achieved operating income of 55.911 billion yuan, down 11.1% year-on-year (after adjustment); The net profit of returning to the mother was 714 million yuan, a year-on-year decrease of 74.02% (after adjustment); The basic earnings per share is 0.2772 yuan.
As a leading enterprise in chlor-alkali industry, Zhongtai Chemical mainly deals in four major products, namely, polyvinyl chloride resin (PVC), ion-exchange membrane caustic soda, viscose fiber and viscose yarn, supporting the circular economy industrial chain, such as thermoelectric, blue charcoal, calcium carbide, calcium carbide slag cement and cotton pulp.
The fourth phase of the 100,000-ton/year BDO project of Xinjiang Meike Chemical Co., Ltd., a holding subsidiary, started construction in July 2021, and turned to the trial production stage in July 2022, and is currently in the final stage. The report shows that it was officially started on March 20, 2023, and qualified products were produced on March 31.
Meike Chemical currently has an annual production capacity of 370,000 tons of BDO. "As the first professional BDO supplier in China and the third largest BDO supplier in the world, Zhongtai Meike Chemical Co., Ltd. has inherited superior resources in Xinjiang such as coal, oil and natural gas, and has taken over emerging fields such as degradable plastics and high-grade textiles and garments.
With the nationwide trend of "declaring war on white pollution", BDO project, as a key raw material for the upstream of degradable plastics, is facing a change. Based on the new development stage, Meike Chemical is brave to be the source of original technology. Cooperate with Dalian Ruike Technology Co., Ltd., a leading domestic catalyst enterprise, to develop BDO reaction catalyst, fully solve the problem of foreign technology "sticking to the neck" and firmly grasp the commanding heights of technology; Through the transformation of equipment, the operation cycle of key equipment is effectively extended, and the beautiful China "Sino-Thai model" is built with high standards, which leads to a way that economic development and high-quality development of safety production complement each other and complement each other.