On the afternoon of March 23, Keyuan Holding Group and Changzhou Ruihua Chemical Engineering Technology Co., Ltd. (hereinafter referred to as "Ruihua Technology"), Shandong Haicheng Petrochemical Engineering Design Co., Ltd. (hereinafter referred to as "Haiceng Design"), Guangdong Zhenghe Engineering Co., Ltd. (hereinafter referred to as "Guangdong Zhenghe") held a design cooperation signing ceremony and formally reached a design cooperation for the 1.1 million tons/year ABS project. Chairman Tao Chunfeng attended the signing ceremony and witnessed this important moment.
ABS project with an annual output of 1.1 million/ton
The ABS new material project with an annual output of 1.1 million tons is an important industrial base for the Group's layout in East China. The planned total investment is 8 billion yuan and will be constructed in two phases. It is planned to complete the entire investment within five years. The successful signing of the engineering design agreement between the group and Ruihua Technology, Haicheng Design, Guangdong Zhenghe, and that the ABS new material project is going better and faster on the road of planning. All partners will adopt professional craftsmanship. Technology and engineering design provide a stronger guarantee for the project, and at the same time, it also marks that the project has officially entered a substantive construction stage.
After the project is completed, it will reach an annual production capacity of 1.1 million tons and 200,000 tons of BDO, which will correspond to the annual production capacity of 1.2 million tons of Guangxi Changke South China Base, forming a strategic layout of complementary north and south, and the group will form 2.3 million. The huge scale of ABS production capacity per ton, and the goal of achieving an output value of more than 40 billion. At that time, the scale of the group's ABS full-series industrial chain will surpass all competitors in the industry and become hopeful the world's number one, laying a solid foundation for the group's position in the industry and its own high-quality development.
Changzhou Ruihua Chemical Technology Engineering Co., Ltd.
Changzhou Ruihua Chemical Engineering Technology Co., Ltd. was established in 2007 and is located in the Science and Education City of Wujin District, Changzhou City. It is a professional company with a number of patented technologies and mainly engaged in engineering and technical services in the petrochemical field. The company was formerly known as Changzhou Ruihua Chemical Engineering Technology Co., Ltd., which completed the share reform in December 2017 and officially changed its name to Changzhou Ruihua Chemical Engineering Technology Co., Ltd. In July 2018, it was officially listed on the New Third Board (Ruihua Technology 872869).
Since the establishment of the company, the business has always maintained rapid growth. It has established good business relationships with well-known large petrochemical companies at home and abroad; and has established a stable cooperative relationship with well-known domestic and foreign chemical companies, engineering companies, patent dealers, various industry associations, large design institutes, and research institutes. As a professional company engaged in engineering and technical services in the petrochemical field, Ruihua Chemical is committed to providing users with comprehensive, systematic and professional engineering services and helping users create more value.
It is Ruihua Chemical's goal to gather first-class talents, establish a first-class technical base, and create a first-class modern enterprise. It is also the development path that Ruihua is taking. In addition, the company attaches great importance to the protection of intellectual property rights, and has applied for and authorized more than 60 patents.