Sanyou Chemical Plans to Invest 838 Million Yuan to Build a High-End Electronic Chemicals Project

On October 26, Sanyou Chemical issued an investment announcement stating that the company is actively planning to build a high-end electronic chemicals industrial park project. Tangshan Sanyou Electronic Chemicals Co., LTD., a wholly-owned subsidiary of Sanyou Chemical, intending to rely on the company's own chemical basic advantages and circular economy industrial characteristics in Caofeidian Nanpu Economic Development Zone, where the company is located, to invest 838 million yuan to build an annual output of 2500t/a electronic grade hydrogen chloride, 6000t/a electronic grade ammonia, 6000t/a electronic grade ammonia, 15000t/a electronic grade sulfuric acid project.

Sanyou Chemical stated that the development of electronic chemical projects is an important part of the company's "three chains and one group" industrial layout. It is not only the company's need to extend its main business to high-end development, but also an inevitable choice to transform the "three transformations" strategy of transformation to green, ocean, and high quality.

The project is located in Nanpu Development Zone, which can take advantage of the company's own basic chemical industry advantages, promote the effective collaboration of chlor-alkali, silicon and other industries in the park, deeply integrate the company's development into the regional circular economy, expand the spatial dimension of industrial chain cooperation, and share high-quality development results.