China丨Jiangshan plans to invest ¥148 million to construct three big projects

 On Oct 25, 2022, Jiangshan released an announcement of the project investment.

Recently, Jiangshan held the 22nd meeting of the eighth board of directors, this meeting reviewed and adopted the “proposal on the implementation of PMIDA TKL wastewater optimization and upgrading Project” ，"the proposal on the implementation of flame retardant phase II”, “the proposal on the implementation of the reconstruction project of wharf”, total investment amount of the 3 projects is ¥148million .

1. The optimization and upgrading project of PMIDA TKL wastewater

Glyphosate is one of the core products of the company, which produces TKL wastewater in the production process. In order to further reduce the discharge of wastewater, improve the clean production level of IDA Glyphosate, and effectively fulfill the social responsibility, the company plans to implement the optimization and upgrading project of PMIDA TDK wastewater.
The project is to be built in the factory of the company at in Nantong City, and is expected to be completed by the end of February 2023, with a total investment of ¥62.6 million which is self-raised funds.

The implementation of this project can further reduce the discharge of wastewater in production, realize the resource utilization of phosphorus and chlorine, and provide guarantee for the sustainable and stable production and profitability of IDA Glyphosate.

2. Phase II project of flame retardant

The company's existing 30,000t/a TCPP unit and 10,000t/a BDP unit have been put into production in 2022. The product indicators have reached the advanced level of the industry and have strong market competitiveness.

In order to give full play to the production potential of the company's phosphorus chemical products, improve the utilization efficiency of flame retardant equipment assets, and expand the market share of flame retardant materials, the company plans to implement the "flame retardant Phase II Project" according to the company's development strategy.

3. Reconstruction project of wharf

The company has two 3,000-ton berths (including 10,000-ton berths for hydraulic structure) in Yangtze River wharf, which mainly transport coal, salt, liquid alkali and brine. Since the completion and acceptance of the official operation in September 2006, the company has provided a strong guarantee for the transportation of raw materials. In order to further enhance the passing capacity of the wharf and fully tap the potential of the shoreline, the company plans to implement the "reconstruction project of wharf".

The project scale will be changed into one 15,000 ton bulk cargo berth and one 1,000 ton liquid chemicals berth. At the same time, the structures, loading and unloading process system and supporting facilities of the wharf will be professionally transformed and optimized simultaneously. The project is to be built in No. 998 Jiangshan Road, Nantong Economic and Technological Development Zone, and is expected to be completed by the end of December 2023, with a total investment of 27,363,900 yuan which was raised by themselves.