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Junzheng Group¡äs BDO/PTMEG Completed in June

2024-5-24

The 300,000 ton/year BDO project and 120,000 ton/year PTMEG project under construction by Inner Mongolia Junzheng are expected to be completed by June 2024. The integrated calcium carbide upgrading and renovation project, 3 million tons/year coking project, and 550,000 tons/year methanol comprehensive utilization project have been completed and gradually put into trial production in stages. With the production load gradually increasing, the production indicators are approaching the normal level.

The company¡äs main business involves two major fields, energy chemical and chemical logistics.

a. The energy chemical industry operates in the chemical raw material and chemical product manufacturing sector, covering power generation, limestone mining, quicklime firing, calcium carbide production, caustic soda preparation, acetylene-based PVC preparation and ferrosilicon smelting. The main products include polyvinyl chloride resin, polyvinyl chloride paste resin, caustic soda, calcium carbide, ferrosilicon, cement clinker, etc. The energy chemical industry relies on a complete integrated circular economy industrial chain of "coal- electricity-chlor alkali chemical" and "coal-electricity-characteristic metallurgy" to promote scientific and efficient professional management, upgrade technological research and innovation, improve equipment scale and automation level, achieve efficient on-site conversion of resources and energy, and form the company¡äs core competitive advantages in resources, costs, technology and equipment.

b. The chemical logistics industry runs in the chemical logistics transportation sector, covering liquid chemical product shipping, container logistics, container leasing and tank terminals. As of the end of 2023, the company controls a fleet size of 1.1573 million tons and a tank fleet size of 41096 units. It has 166,500 cubic meters of storage tanks and two 50,000-ton chemical terminals in Lianyungang, making it a competitive global chemical logistics service and facility provider in China. It provides safe, stable, and efficient logistics support to well-known chemical enterprises both at home and abroad.

In 2023, the company¡¯s net profit reached 2.814 billion yuan, including 1.51 billion yuan in energy chemicals and 1.304 billion yuan in chemical logistics.