May 22,2007, China News Service Shanxi Hongte Coal Chemical Industry Co., LTD., invested by Shanghai Hongte Chemical Co., LTD., is a large-scale private coal chemical enterprise, integrating production, scientific research and sales. Shanxi Hongte, with its enterprise fixed assets of 1 billion yuan, more than 1000 employees, including 12 domestic coal chemical experts, now has two sets of tar processing equipment, annual processing capacity of 450,000 tons. Now the main products are industrial naphthalene, light oil, needle coke and other more than 20 kinds. In 2006, the total industrial output value was 663 million yuan, and the profits and taxes were 17.08 million yuan. It is a key enterprise of Shanxi Province in the “11th Five-Year Plan” and a key development enterprise of coal tar of one million tons in the “11th Five-year Plan”. In 2006, it was identified as the provincial circular economy pilot enterprise and the “three square array” enterprise.
The company has 5 projects listed as “Two Zones” development projects: one is the 50,000 tons/year coal needle coke processing project, which has been completed and put into operation in 2006, breaking the long-term monopoly situation of a few Western countries such as Japan and Germany in this field and filling the gap in China. The second is 2×50 million tons/year new process carbon black project. Third, 3×6000KW exhaust power generation project. The completion and operation of these three projects has changed the history that Shanxi Province cannot produce high-quality carbon black. Fourth, 80,000 tons/year industrial naphthalene anhydride production project, the first phase of 40,000 tons/year anhydride project, is expected to be completed and put into operation in the second half of this year, after the completion of the project, the device will be the world’s largest anhydride production device with the best economic benefits. Fifth, the 20,000 tons/year UHP graphite electrode project has been completed. In addition, there are other projects under active preparation, including 100,000 tons/year oil washing plant and 40,000 tons/year refined anthracene plant, which will be completed and put into operation by the end of the 11th Five-Year Plan.
The company’s development goal is to strive to form 1 million tons/year tar processing capacity by the end of the 11th Five-Year Plan. After the completion of the project, the fixed assets of the company will reach 3.9 billion yuan, the annual output value will reach 5.2 billion yuan, the profits and taxes will reach 1.3 billion yuan, and the products can be increased to more than 60 kinds. It will become the largest tar processing enterprise with the longest industrial chain and the highest technological content in the same industry in China. (END)