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Sinochem News Network reported on October 14, at the press conference on the relocation and renovation of chemical companies along the Yangtze River in Hunan Province, it was revealed that the task of relocation and renovation in 2021 will be fully completed
Up to now, Hunan Province has completed the closure and exit of 31 chemical companies along the river and the relocation of 3 chemical companies along the river, involving the relocation of 1,839.
In March 2020, the General Office of the Hunan Provincial Government issued the "Implementation Plan for the Relocation and Transformation of Chemical Enterprises along the Yangtze River in Hunan Province", which clearly stated that "in 2020, we will focus on shutting down and exiting outdated production capacity and chemical production enterprises that do not meet safety and environmental protection standards, and guide chemical production enterprises to relocate to 1 km outside compliance Chemical Industry Park, steadfast to the end of 2025 to complete the relocation task of transformation "
According to reports, the 34 riverside chemical companies that closed down or switched to production are scattered and small chemical production companies with relatively low product technology content, weak market competitiveness, and potential safety and environmental risks
Hunan Province has clarified that the provincial finance will arrange 200 million yuan in special subsidies for six years to support the relocation and reform of chemical production enterprises along the river