Qinghai Salt Chemicals made significant progress

On January 25, from the Qinghai Salt Lake Group Company, the Group’s ongoing implementation of the 9 billion yuan investment in the comprehensive utilization of salt chemical industry made significant progress: the construction of the first phase of the project is drawing to a close; the first half of the project will be commissioned; the second phase of the pre-project environmental impact assessment All work has been completed and the work has started.
The significance of the salt chemical comprehensive utilization project of the Qinghai Salt Lake Group lies in the local processing of waste residue in the past and turning it into a "golden ingot." The company will expand the salt chemical industry into five major industrial groups: potassium salt, sodium salt, chlor-alkali, magnesium salt, and lithium salt, which can form potassium hydroxide, sodium hydroxide, potassium carbonate, potassium nitrate, nitrogen fertilizer, methanol, magnesium lithium salt, poly Ethylene Chloride 8 product line. Raw materials and by-products are recycled throughout the production process, with no pollution or emissions. An Pingyu, chairman of the Qinghai Salt Lake Group, said that after the above-mentioned comprehensive utilization project is completed, the total assets of the Salt Lake Group will exceed 15.5 billion yuan. Based on current prices, annual sales revenue can reach more than 8 billion yuan.
Qinghai Salt Lake Group is the largest potash fertilizer producer in China, and it is also the country's largest salt resource reserve company. However, due to various reasons, in addition to building 2 million tons of potash fertilizer, the development of other salt chemical products has not been able to start. This situation of the Qinghai Salt Lake Group is a dilemma commonly encountered by salt chemical companies that are not domestic raw materials of sodium chloride: Due to the characteristics of bankruptcy symbiosis, enterprises produce a large amount of other salts while producing certain salt chemical products. The product, which has the largest by-product output, is sodium salt sold as a commodity, even if it is sold as an industrial salt. Since last year, the approval authority for the industrial salt project was received by the State Law Reform Commission, requiring that the minimum scale must be more than 300,000 tons per year. The drawbacks of these policies are many: Many salt chemical companies have had to deposit by-product sodium chloride as waste residue and cause environmental pollution; potash fertilizer manufacturers have to spread all production costs on potash fertilizer to make potash fertilizer prices. Rising; a large part of the value of mineral resources can not be reflected, reducing the economic benefits of many salt chemical companies and so on.
Experts pointed out that the comprehensive utilization of the road explored by the Qinghai Salt Lake Group has opened up a new way for the development of salt chemical companies. At the same time, from the perspective of supporting the domestic salt chemical industry, it is necessary to deepen the existing salt monopoly policy.

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