On September 6, Jingzhou City, Hubei Province held a training activity for major construction projects in the third quarter of 2024. At the construction site of the Hualu Hengsheng Phase II project, there were many tower cranes and roaring machines everywhere.

It is understood that Hualu Hengsheng Jingzhou Modern Coal Chemical Base is the largest industrial project introduced by Jingzhou City, Hubei Province, and is an important engine for the city to build a 100 billion-level new energy and new materials industry.

Hualu Hengsheng Jingzhou Base has a total investment of 46 billion yuan and a planned area of 9000 acres. It is promoted in accordance with the "one-time planning, step-by-step implementation" model, with an annual new investment of no less than 5 billion yuan. The first phase has an investment of 13.5 billion yuan, covering an area of 2495 acres; the second phase has an investment of 5 billion yuan, covering an area of 1081 acres, and will build projects of 200,000 tons of BDO/year, 160,000 tons of NMP/year, and 30,000 tons of PBAT/year. It is expected to be completed by the end of December 2024.

The first phase of the project (an annual output of one million tons of acetic acid, 700,000 tons of urea, and 160,000 tons of melamine monomer raw materials) has created a "Jiangling speed" that was completed in 23 months during the epidemic. The second phase of the project has been pushed forward in October 2023. Construction started in October, and an investment of 3.1 billion yuan has been completed. The second phase project represents the development direction of new productivity in the coal chemical industry and is an important symbol of the development of Hualu Hengsheng Jingzhou Base from basic and platform products to the entire industrial chain, green and high-end.

After the second phase of the project is put into operation, it is expected to achieve an annual output value of 3.5 billion yuan and tax revenue of 283 million yuan. It will form a good situation in which major coal chemical products have a large size in Jiangling, have a national status, and have global influence. The overall benefits are good. After the first phase of the project is put into operation, it is expected to achieve an annual output value of 7.5 billion yuan, ranking among the top five in the city in terms of output value. After the second phase of the project is put into operation, it is expected to achieve an annual output value of 3.5 billion yuan. In 2025, the output value of Huanlu Hengsheng Jingzhou Base will exceed 10 billion yuan. Source: Published by Jingzhou