Zhitong Finance App News, Shilong Industrial (002748.SZ) issued an announcement. In order to further enhance market competitiveness and enhance economic efficiency, the company plans to invest in the construction of a new sulfoxide production plant with an annual output of 50,000 tons of sulfoxide and supporting facilities with an annual output of 50,000 tons. The total investment of the project is 365 million yuan. The first phase of the project will produce 80,000 tons of sulfoxide chloride and 20,000 tons of sulfur dioxide per year, and the construction period is 10 months; the second phase of the sulfone project will produce 70,000 tons of sulfoxide chloride and 25,000 tons of sulfur dioxide per year. 10,000 tons, construction period is 80,000 months. After the completion of this project, the company's sulfoxide chloride production scale will increase to 200,000 tons/year.
The investment to build a new project with an annual output of 150,000 tons of sulfoxide is based on comprehensive considerations of the company's current production status and market development. The project conforms to relevant national industrial policies and industry trends, and the company can give full play to the advantages of patented technology developed mainly over the years and support for the chlor-alkali industry. After the project was completed and put into operation, the company's total production capacity of sulfoxide chloride reached 200,000 tons/year, which helped to optimize the industrial structure, further enhance the company's market competitiveness, enhance economic efficiency, and lay a solid foundation for the company's high-quality sustainable development.