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On January 5, the new energy and new material integration project of Tonghua Group, with a total investment of 10.
5 billion yuan, was officially signed
in Yichang City, Hubei Province.
After the completion of the project, the annual sales revenue is expected to be 17 billion yuan, and the profit will reach 1.
8 billion yuan
.
Among them, the first phase of the project mainly constructs a 280,000 tons/year refined phosphoric acid plant; The second phase plans to build a 150,000-ton/year lithium dihydrogen phosphate plant and a 200,000-ton/year lithium iron phosphate plant; The third phase plans to extend the development of 50,000 tons/year of food-grade phosphoric acid and 100,000 tons/year of
high-end phosphate for batteries.
Xu Junsheng, general manager of Copper Chemical Group, said that Yichang is the strategic layout of Copper Chemical Group to extend the industrial chain of new energy and new materials, and will give full play to its own advantages to create the "copper speed" of project construction and operation, and make every effort to build an industrial pattern
with complementary advantages and deep coupling.
It is reported that Copper Chemical Group is an important sulfur-phosphorus chemical industry base and a new pigment industry base in China, and the production and sales of leading products such as high-efficiency phosphorus compound fertilizer, titanium dioxide, phthalic anhydride, pyrite, and battery material iron phosphate are in the forefront
of China.