Changhong Hi-Tech announced on March 10 that on March 9, the company's wholly-owned subsidiary Guangxi Changhong conducted the Hezhou 2023 No. In the second phase of the state-owned construction land use right listing and transfer activities, the state-owned construction land use right of the No. into full-scale operation.
The Hezhou Natural Resources Bureau sold the plot No. HTC-2023-6 by way of listing from February 27th to March 9th. According to the "Transaction Confirmation Letter" received on March 9, it was confirmed that Guangxi Changhong won the right to use the state-owned construction land of this plot, and the total transaction price of this plot of land was 85.21 million yuan.
According to the project plan, the project will be carried out in two phases. The first phase will build a high-end modified calcium carbonate production line with an annual output of 500,000 tons/year, a degradable masterbatch production line with an annual output of 300,000 tons, and a shoe material masterbatch production line with an annual output of 300,000 tons. The second phase will build a high-end modified calcium carbonate production line with an annual output of 500,000 tons, a degradable masterbatch production line with an annual output of 300,000 tons, a shoe material masterbatch production line with an annual output of 300,000 tons, and degradable products and agricultural mulch films with an annual output of 100,000 tons. Corresponding supporting warehouse, power, office and other facilities.
Changhong High-Tech said that this project is an important layout for the company to further open up the integrated full-coverage industrial chain of degradable plastics. It can give full play to the advantages of local calcium carbonate resources, promote the effective use of local resources, and develop towards a circular and green ecological industrial chain. At the same time, it can further cultivate and strengthen the upstream and downstream industrial chains, effectively reduce the production costs of downstream enterprises, enhance the competitiveness of degradable plastic products in the market, and be more conducive to the expansion of enterprises in the market of degradable plastic products, so as to promote enterprises to better create " One province, one base" development plan. The implementation of the project is also conducive to further improving consumers' recognition and use of degradable plastic products, and promoting the development of the degradable industry.
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