2018 Market Development

In the first quarter of 2018, after the joint efforts of the company operating personnel, the success news of market development was reported frequently.Recently, the company successfully entered the Zhengzhou Airport Economic Comprehensive Experimental Zone Central Heating Project with a total investment of RMB 15 billion; winning the bid for 200,000 tons/year ethylene glycol project of Henan Longyu Fuyu Syngas, with a total investment of RMB 1 billion; in addition, the company also reached a strategic cooperation intention with Jinjiang Group.
Up to now, the company has won the bid for Liaoning Baolai Chemical Co., Ltd. light hydrocarbon comprehensive utilization project, Hesheng Silicon Industry (Shanshan) Co., Ltd. 100,000 tons/year siloxane and downstream deep processing project, Inner Mongolia Rongxin Chemical Co., Ltd. 400,000 ton/yearchemical engineering project such as coal-based ethylene glycol and 300,000 tons of polymethoxy dimethyl ether recycling economy demonstration project, RAPID project P28B package civil and building project, Erdos Zibo technology exhaust gas comprehensive utilization system 120,000 tons/year methanol project, also signed environmental protection and infrastructure project contracts for the Sri Lanka Matala Water Purification Plant project and the Bianjingroad streetscape renovation project in Kaifeng City. It has completed 29% of the annual market development goals and welcomed the 2018 market development work.