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    Home > Chemicals Industry > China Chemical > Xinyangfeng formally enters the new energy industry

    Xinyangfeng formally enters the new energy industry

    • Last Update: 2021-08-28
    • Source: Internet
    • Author: User
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    Invest in the construction of an iron phosphate project with an annual output of 200,000 tons

    Invest in the construction of an iron phosphate project with an annual output of 200,000 tons

    On August 17, Xinyangfeng disclosed the "Announcement on the Investment and Construction of 200,000 Tons of Ferric Phosphate and Upstream Supporting Projects" and the "Announcement on the Establishment of a Joint Venture with Changzhou Liyuan New Energy Technology Co.
    , Ltd.
    " "
    .


    According to the announcement, the company plans to invest in the construction of iron phosphate and related supporting projects with an annual output of 200,000 tons, with a planned total investment of 2.


    According to the project implementation schedule, the company plans to jointly invest in the establishment of a joint venture company with Changzhou Liyuan New Energy Technology Co.
    , Ltd.
    The first phase of the iron phosphate project with an annual output of 50,000 tons will be responsible for the specific implementation
    .


    The joint venture has a registered capital of 200 million yuan, and the company holds 60% of its equity.


    The high prosperity driven by downstream new energy vehicles is flowing backward from the terminal iron-lithium battery to the upper layer
    .


    The industrial chain of lithium phosphate batteries is: phosphate rock—industrial grade phosphoric acid/monoammonium phosphate—iron phosphate—lithium iron phosphate cathode—lithium iron battery


    According to agency estimates, about 0.
    178 million tons of industrial-grade monoammonium phosphate is consumed for every 1GWH of iron-lithium batteries, and 0.
    178 million tons of industrial-grade monoammonium phosphate can be extracted from 4,400 tons of phosphate rock
    .


    From the upstream and midstream point of view, due to the shortage of phosphate ore + phosphorus chemical expansion policy restrictions, companies that have resource advantages and have completed the configuration of the phosphorus chemical industry chain are expected to get this "entry ticket


      As one of the leading enterprises in China's phosphorus chemical industry, Xinyangfeng has an annual production capacity of 1.
    8 million tons of monoammonium phosphate (including an annual output of 150,000 tons of industrial grade monoammonium phosphate) ranking first in the country
    .


    At the same time, the company also has phosphate rock assets with a designed annual production capacity of 900,000 tons, which fundamentally forms a "resource support"


      The implementation of this announcement project is exactly the production capacity layout of Xinyangfeng to meet the market's future demand for iron phosphate
    .


    In addition to the annual output of 200,000 tons of iron phosphate, the overall construction project will also support the construction of upstream raw material projects with an annual output of 300,000 tons of pyrite sulphuric acid, 400,000 tons of sulfur sulphuric acid, and 200,000 tons of phosphoric acid


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