CN Login

The BDO Project of Anhui Shuguang Chemical Group has been Handed over

2025-1-2

On December 27, 2024, the official website of the Shanghai Stock Exchange showed that the IPO application of Anhui Shuguang Chemical Group was accepted.

Anhui Shuguang Chemical Group is a large comprehensive chemical enterprise mainly engaged in cyanide chemical industry, modern coal chemical industry, fine chemical industry and new chemical materials industry, integrating science, industry and trade. At present, it has formed three mature business sectors, namely cyanide, butanol and octanol, and hydrogen production from coal, and is making every effort to promote the construction process of the BDO business sector. At this stage, the company has the production capacity of 74,000 tons of cyanide per year, 500,000 tons of butanol and octanol per year, and 85,500 standard cubic meters of hydrogen (syngas) per hour. Meanwhile, it is actively preparing to build production facilities with an annual output of 100,000 tons of BDO coupled with 120,000 tons of PBAT, 46,000 tons of PTMEG, and 21,000 tons of EDTA and its sodium salts. Currently, the company¡äs main products include butanol and octanol, cyanide, as well as hydrogen, steam, methanol, liquid ammonia, etc. produced by the coal-to-hydrogen production line. After the ongoing projects are put into production, the company¡äs products will be further expanded to include BDO, PBAT, PTMEG and other products.

Anhui Shuguang Chemical Group plans to raise 1.5 billion yuan. Among them, 370 million yuan will be used for the project with an annual output of 100,000 tons of BDO coupled with 120,000 tons of PBAT, 715 million yuan will be used for the project with an annual output of 46,000 tons of PTMEG, 65 million yuan will be used for the construction project of the R & D center, and 350 million yuan will be used to replenish working capital.