China's largest government to pay for the relocation of enterprises to start construction projects in Tianjin 5.3 billion "transplant" Tianjin Soda Plant
On December 19, the relocation project of the Tianjin Soda Plant officially kicked off. With a total investment of 5.3 billion yuan, this initiative is currently the largest relocation project for a chemical company funded by the government. The plant, which has been in operation for 88 years, was founded by Mr. Fan Xudong, a renowned early Chinese industrialist. In 1940, it pioneered the Hou’s method for alkali production, a technique that was then the most advanced in the world. Today, the factory produces nearly 900,000 tons of soda ash annually, accounting for over 25% of the country's total output. It also offers 20 types of products, including 51 different items such as ammonium chloride. In 2005, the plant reported an industrial output value of 2.015 billion yuan, sales revenue of 1.66 billion yuan, added value of 480 million yuan, and import and export volume of 100 million U.S. dollars.
The Tianjin Soda Plant is located in the core area of the future development plan for the Binhai New Area, which has led to conflicts with urban planning and limited further growth. To address safety, environmental concerns, and to enhance the company’s competitiveness, the municipal government decided to invest 5.3 billion yuan to relocate the plant to the Bohai Chemical Industry Park.
After the relocation, the plant will retain two well-known Chinese brands: Red Triangle soda ash and Neptune ammonium chloride. Additionally, it will construct 13 large-scale chemical plants, using ethylene, propylene, butanol, octanol, DOP, ethanolamine, and vinyl acetate produced in the Bohai Sea Chemical Park. These can be combined with other raw materials to create various chemical and consumer products, forming a complete industrial chain between upstream and downstream sectors. This integration will shift the company from a single marine chemical enterprise to a more diversified one, combining marine chemistry, petrochemicals, and coal chemistry. As a result, the proportion of soda ash sales revenue will drop from 69% to 13%, leading to a more balanced product structure.
Xintianhua’s main technologies and equipment are among the best in China and globally. The company has significantly improved its technology, raising the utilization rate of sea salt from 30% to 97% and eliminating environmental pollution. The project is expected to be completed by the end of 2007. Once finished, the annual sales revenue of Xintianhua is projected to reach 7 billion yuan, with profits and taxes amounting to 1.98 billion yuan. The company has already built a strong talent pool, and its independently developed seawater circulation cooling technology will effectively address the "three wastes" (waste gas, waste water, and solid waste) issues at the new facility.
In addition to the Tianjin Soda Plant, other major domestic chemical companies, such as Dalian Dahua Group, are also undergoing large-scale relocations, with investments exceeding 7 billion yuan. A significant portion of these funds comes from private enterprises, showing growing support for industrial transformation and sustainable development.
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