Guangxi Huayi Chlor-Alkali Plans to Invest in and Construct a Waste Salt Comprehensive Utilization Project
2025-12-24
Chlor-Alkali Chemical Industry announced on the evening of December 19 that its wholly-owned subsidiary, Guangxi Huayi Chlor-Alkali Chemical Co., Ltd., plans to invest in and construct the "Advanced Material Supporting Waste Salt Comprehensive Utilization Project" in the Petrochemical Industrial Park of Qinzhou Port Economic and Technological Development Zone, Guangxi. The project involves building production facilities with annual capacities of 300,000 tons of caustic soda, 250,000 tons of vinyl chloride (VCM), and 300,000 tons of polyvinyl chloride (PVC), with a total investment of RMB 2.975 billion. Given that the project requires substantial capital investment for construction, the company intends to increase the registered capital of Guangxi Chlor-Alkali Chemical Co., Ltd. in the form of cash contribution, with a total capital increase of RMB 893 million.
The main products of this project are caustic soda and polyvinyl chloride. There is a large demand for caustic soda in industries such as alumina, papermaking, and new energy in South China and Southeast Asia, resulting in a supply gap. The industries of various soft products including shoemaking, floor leather, and artificial leather are well-developed in South China, while the demand for PVC products in India and Southeast Asian countries maintains steady growth. The implementation of this project will address the waste salt disposal issue in the industrial park, realize the resource utilization of waste, build a circular industrial chain for chlorine resources, drive the diversified development of downstream chlorine-based products, and enhance the green development capacity of the production base.
According to the announcement, the core objective of the investment and construction of this project is to align with the future development plan, help optimize resource allocation, and achieve stable and sustainable development. Upon completion, the project will be conducive to optimizing resource allocation, reducing costs and expenses, expanding the operation scale, exploring new markets in South China, and enhancing market competitiveness.
The main products of this project are caustic soda and polyvinyl chloride. There is a large demand for caustic soda in industries such as alumina, papermaking, and new energy in South China and Southeast Asia, resulting in a supply gap. The industries of various soft products including shoemaking, floor leather, and artificial leather are well-developed in South China, while the demand for PVC products in India and Southeast Asian countries maintains steady growth. The implementation of this project will address the waste salt disposal issue in the industrial park, realize the resource utilization of waste, build a circular industrial chain for chlorine resources, drive the diversified development of downstream chlorine-based products, and enhance the green development capacity of the production base.
According to the announcement, the core objective of the investment and construction of this project is to align with the future development plan, help optimize resource allocation, and achieve stable and sustainable development. Upon completion, the project will be conducive to optimizing resource allocation, reducing costs and expenses, expanding the operation scale, exploring new markets in South China, and enhancing market competitiveness.