
Zhongtai Chemical announced that its wholly-owned subsidiary Xinjiang Zhongtai Mining and Metallurgy Co., Ltd. has invested in a new 600,000-ton/year calcium carbide supporting 300,000-kilometer unit cogeneration project, which was approved by the Autonomous Region Development and Reform Commission in March 2012. The total investment of the project is more than 2.78 billion yuan and it is expected to be completed before the end of 2013. It is reported that Xinjiang Zhongtai Chemical Fukang Energy Co., Ltd. Phase I 400,000 tons/year PVC resin, 300,000 tons/year ion-exchange membrane caustic soda, second phase 400,000 tons/year PVC resin, 300,000 tons/year ion The membrane caustic soda and its 2×150,000 kw self-produced cogeneration cycle economy project will be completed and put into operation before the end of 2012. After the project is completed and put into production, Sino-Thai Chemical will add 800,000 tons/year of PVC resin production capacity, and will require about 1.2 million tons of new calcium carbide. Zhongtai Chemical stated that the project is to ensure the supply of calcium carbide raw materials for the PVC resin project. According to the calcium carbide capacity currently being built by Sinochem, there is still a certain gap in the supply of calcium carbide.
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