Recently, Yuntianhua Group Co., Ltd. signed the Qinghai Compound Fertilizer Project Cooperation Agreement. The total investment of the first phase of the project is 860 million yuan. This project will fill the blank of large chemical fertilizer industry in Qinghai Province.
The compound fertilizer project aims to comprehensively develop the natural gas chemical industry and the salt lake chemical industry of Qinghai Province based on the abundant natural gas and potash resources in Qinghai Province and the price advantage of natural gas and electricity to accept the former ammonia plant and the urea production plant of the Qilu Second Chemical Fertilizer Plant. . Since 2004, the investment holding company of Qinghai Province has carried out preparatory work such as project promotion and inspections. It has successively approached several domestic enterprise groups and finally determined that Yuntianhua Group Co., Ltd. is the investor of this project.
It is reported that the first-phase construction scale of the project is to produce 445,000 tons of large-granular urea and 500,000 tons of compound fertilizer annually. The Yuntianhua Group and the Qinghai Province jointly established a project joint venture company and is registered in the Xining Economic and Technological Development Zone. The project will relocate the original Qilu No.2 Chemical Fertilizer Plant idle production facilities, build large-scale, modernized fertilizer facilities, produce urea and compound fertilizer products encouraged by the country, and comprehensively develop natural gas chemical industry and salt lake chemical industry. The project is conducive to transform the resources advantages of Qinghai Province into economic advantages. It is expected that all demolition work will be completed before the end of the year.
The compound fertilizer project aims to comprehensively develop the natural gas chemical industry and the salt lake chemical industry of Qinghai Province based on the abundant natural gas and potash resources in Qinghai Province and the price advantage of natural gas and electricity to accept the former ammonia plant and the urea production plant of the Qilu Second Chemical Fertilizer Plant. . Since 2004, the investment holding company of Qinghai Province has carried out preparatory work such as project promotion and inspections. It has successively approached several domestic enterprise groups and finally determined that Yuntianhua Group Co., Ltd. is the investor of this project.
It is reported that the first-phase construction scale of the project is to produce 445,000 tons of large-granular urea and 500,000 tons of compound fertilizer annually. The Yuntianhua Group and the Qinghai Province jointly established a project joint venture company and is registered in the Xining Economic and Technological Development Zone. The project will relocate the original Qilu No.2 Chemical Fertilizer Plant idle production facilities, build large-scale, modernized fertilizer facilities, produce urea and compound fertilizer products encouraged by the country, and comprehensively develop natural gas chemical industry and salt lake chemical industry. The project is conducive to transform the resources advantages of Qinghai Province into economic advantages. It is expected that all demolition work will be completed before the end of the year.
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