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Hualu-Hengsheng 10-billion Modern Coal Chemical Base Project settled in Jingzhou upon official signing of agreement
Updated: 2020-11-04 15:05:22

On October 31,Jingzhou Municipal Government and Jiangling County Government signed a project investment agreement with Shandong Hualu-Hengsheng Chemical Co., Ltd., a subsidiary of Hualu Group, to jointly build Jingzhou Modern Coal Chemical Industry Base in which more than RMB 10 billion will be invested during Phase I,mainly for producing functional urea, acetic acid, organic amine, etc. He Guangzhong, secretary of Jingzhou Municipal Party Committee, Fan Jun, Party secretary and chairman of Hualu Holding Group, attended the signing ceremony and delivered a speech respectively.

In the new era,He said, Jingzhou is lucky to embrace one opportunity after another as the three-dimensional transportation pattern of "railway, waterway, highwayand airway" is emerging along with the concentrated advantages such as coal resources, water resources and human resources. After Jingzhou Jiangling Green Energy and Chemical Industry Park has been upgraded to a provincial strategic project, in particular, the development of the "coal-electricityport-based" integrated industrial park has been put on a fast track, thus providing fertile ground for the development of Hualu-Hengsheng Modern Coal Chemical Industry Base Project.

“Jingzhou willgo all out to create a first-class business environment and provide throughout-the-process thoughtful services for Hualu-Hengsheng Jingzhou Modern Coal Chemical Industry Base Project.” He added, “We hope that both sides can take advantage of the opportunity and deepen cooperation and that more coal chemical projects will take root and bear fruit here.”

After three months' unremitting and intense efforts, the agreement on Hualu-Hengsheng Jingzhou Modern Coal Chemical Industry Base project was successfully signed.Jingzhou is not only profound in culture, but is an ideal spot for modernization. Establishing presence and seeking development in Jingzhou will surely turn out to be a fruitful move for the enterprise. Hualu Holdings Co.,Ltd. will leverage its role as a state-owned capital investment company and work with Jingzhou’s Party committees and governments at all levels to jointly build Hualu-Hengsheng Project into a modern coal chemical benchmark project featuring park zone, intelligence, high end and terminal, thus making new and greater contributions to the high-quality development of Hubei and Jingzhou.

Chang Huaichun,Party secretary and chairman of Shandong Hualu-Hengsheng Group, introduced the project. Duan Changlin, director of the Standing Committee of Jingzhou Municipal People's Congress, municipal leaders including Jiang Hong, Xiang Bin,Zhang Yuanmei, Chen Aiping and Zhang Mingjun, Li Wei, deputy Party secretary,director and general manager of Hualu Holdings Group, Dong Yan, general manager of Shandong Hualu-Hengsheng Group, as well as relevant personnel of ChinaWuhuan Engineering Co., Ltd. attended the signing ceremony.

Prior to the signing ceremony, He Guangzhong met with Fan Jun, Li Wei, Chang Huaichun, and Dong Yan. Later, leaders of Hualu Holdings Co., Ltd. also went to Jiangling to inspect the project.

In recent years,Jingzhou has earnestly implemented the national strategy of transporting coal from north to south, seized the opportunity of the opening of Haolebaoji-Ji'an Railway, and built a "Double 100-Billion" modern coal chemical industrial park with a total investment of over RMB 200 billion and a total output value of more than RMB 200 billion. Hualu-Hengsheng Jingzhou Modern Coal Chemical Industry Base Project is a major project settled in Jingzhou Jiangling Green Energy Chemical Industry Park this year, which will surely give an impetus to the development of the park.

Listed in 2002,Shandong Hualu-Hengsheng, a new coal chemical enterprise engaged in multiple industries and joint production, is acknowledged as a major manufacturer of basic chemical materials in China and the largest DMF supplier in the world.


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