Industrial investment targets the national economic lifeline In the first three quarters of this year, the total output of potassium sulphate of the SDIC Xinjiang Lop Nur Potash Co., Ltd., which is controlled by the National Development Investment Corporation, totaled 1.01 million tons, and the total sales volume reached 902,000 tons. The annual output is expected to reach 132 Tens of thousands of tons have been fully produced. With the construction of 1.7 million tons of potash fertilizer project in the second phase, the annual production capacity of potassium sulfate from Guotou Luoka will reach 3 million tons, making it the world's largest potassium sulfate production base. This is merely a microcosm of SDIC's close integration of corporate development with national needs and increased investment in basic, resource, and strategic emerging industries.
SDIC was established in May 1995. It is the largest State-owned investment holding company approved by the State Council, and is also one of the key state-owned enterprises directly managed by the central government. In 2010, the total assets of the company reached 237.3 billion yuan, operating income of 64.6 billion yuan and profit of 6.8 billion yuan. In the annual performance evaluation of the State-owned Assets Supervision and Administration Commission of the State Council, SDIC has achieved Grade A for seven consecutive years. In the latest ranking of China's Top 500 Enterprises, SDIC has ranked 134th; among the 200 Best Companies in China, the company is ranked 83rd.
SDIC insists on continuously improving its development strategy, optimizing its asset structure, and building a business framework of “three pillars†for industry, financial services, and state-owned asset management. During the “Eleventh Five-Year Plan†period, the company’s total investment amounted to 28.5 billion yuan, with a focus on basic, resource, and strategic emerging industries such as electricity, coal, ports, and chemical fertilizers that are vital to the country’s economic life. In the development of the national economy and the adjustment of the state-owned economy, SDIC has played a unique role.
In an interview with reporters, relevant officials of the SDIC Company said that in the “three pillars†business structure, industrial investment is the foundation for the long-term stability and long-term development of the company, and the chemical sector is even more irreplaceable. Guotou Luosuo Project Guotou Investment Co., Ltd. occupies 63% of the shares. It has an annual output of 1.2 million tons of potassium sulphate and 100,000 tons of potassium sulphate-magnesium fertilizer. The total investment reaches 4.8 billion yuan. It was formally put into operation in November 2008 and is expected to be comprehensive this year. Yield. At present, Guotou Luoka Company is actively preparing for the construction of the second phase of potash fertilizer projects, including 600,000 tons of agricultural grade potassium sulfate for agriculture and 1.1 million tons of potassium and magnesium fertilizer. The estimated total investment is 8.5 billion yuan. It will be completed and put into operation in 2015. Yearly production. In addition, Guotou Petrochemical will also invest in comprehensive utilization of resources, develop recycling economy, increase product added value, eat salt lake resources, and further develop the deep processing of salt chemical and its products, and eventually develop into an international advanced level. National Salt Chemical Industry Base.
SDIC invested 19.66% in the company. It is a state-owned large-scale phosphorus chemical enterprise integrating phosphate mining, phosphorus compound fertilizer, phosphorus coal chemical, fluorine iodine chemical production, scientific research and trade. Phosphate fertilizer and phosphorus chemical industry has a leading position. During the “Twelfth Five-Year Plan†period, the guiding ideology for the development of Xinfu Company is to rely on phosphorus resources, based on technological innovation, market-oriented, accelerate information, internationalization, and financialization, to create a pioneer company in phosphorus chemical industry and international phosphorus Chemical power. By 2015, it is expected that the annual output of Phosphorus ore will be 10 million tons, phosphorous 2.2 million tons, phosphorus and compound fertilizer 4.5 million tons, phosphoric acid purification 720,000 tons, phosphate 400,000 tons, and fluorine and iodine chemicals 250,000 tons. And it has formed supporting production capacity for fine phosphorus chemical industry, iodine chemical industry, fluorine chemical industry, and phosphogypsum building materials products, with a total of 450 patented technologies. The market share of high-concentration phosphate fertilizers and fine phosphorus chemical products has reached 16%, and the technology output has exceeded 500 million U.S. dollars. Energy-saving and environmental protection level reached the industry leader.
Guangxi Luzhai Fertilizer Co., Ltd. is currently the largest phosphate fertilizer production base in Guangxi and a key phosphate fertilizer enterprise in the country. It is jointly funded by SDIC and Guangxi Investment Group Co., Ltd. Its Chinese investment company holds 21% of the shares. Guangxi Luzhai Company now produces 240,000 tons of diammonium phosphate, 100,000 tons of monoammonium phosphate, 450,000 tons of sulfuric acid, 150,000 tons of phosphoric acid, 80,000 tons of synthetic ammonia, 150,000 tons of compound fertilizer, and 200,000 tons of calcium magnesium phosphate fertilizer. During the “Twelfth Five-Year Plan†period, Luzhai Company will build an industrial pattern based on chemical fertilizers and supported by high value-added products such as titanium dioxide, which will become a model for industrial upgrading in the industry. By the end of the "Twelfth Five-Year Plan," the company will achieve an annual sales income of 4.5 billion yuan.
In an interview, the reporter also learned that, with the foundation of the SDIC-China Ili Coal Chemical Co., Ltd.'s Ili Nileke coal-to-olefins project in June this year, SDIC has opened the “Twelfth Five-Year Plan†to speed up the conversion of advantageous resources and realize The prelude to the company's transformation goals. It is reported that the total scale of this coal-to-olefins project will produce 1.2 million tons per year. The 600,000 tons of coal-to-olefins production project started this year is the first-phase project with a total investment of over 19.2 billion yuan.
In addition, SDIC signed a strategic cooperation framework agreement with the Xinjiang Production and Construction Corps in June this year. The two sides agreed to deal with coal, electricity, coal chemical industry, chlor-alkali chemical industry, natural gas chemical industry, special mineral resources processing, new building materials, and biological resources. Strategic emerging industries such as technology, new materials, and new energy will exert their respective advantages and deepen cooperation.
SDIC was established in May 1995. It is the largest State-owned investment holding company approved by the State Council, and is also one of the key state-owned enterprises directly managed by the central government. In 2010, the total assets of the company reached 237.3 billion yuan, operating income of 64.6 billion yuan and profit of 6.8 billion yuan. In the annual performance evaluation of the State-owned Assets Supervision and Administration Commission of the State Council, SDIC has achieved Grade A for seven consecutive years. In the latest ranking of China's Top 500 Enterprises, SDIC has ranked 134th; among the 200 Best Companies in China, the company is ranked 83rd.
SDIC insists on continuously improving its development strategy, optimizing its asset structure, and building a business framework of “three pillars†for industry, financial services, and state-owned asset management. During the “Eleventh Five-Year Plan†period, the company’s total investment amounted to 28.5 billion yuan, with a focus on basic, resource, and strategic emerging industries such as electricity, coal, ports, and chemical fertilizers that are vital to the country’s economic life. In the development of the national economy and the adjustment of the state-owned economy, SDIC has played a unique role.
In an interview with reporters, relevant officials of the SDIC Company said that in the “three pillars†business structure, industrial investment is the foundation for the long-term stability and long-term development of the company, and the chemical sector is even more irreplaceable. Guotou Luosuo Project Guotou Investment Co., Ltd. occupies 63% of the shares. It has an annual output of 1.2 million tons of potassium sulphate and 100,000 tons of potassium sulphate-magnesium fertilizer. The total investment reaches 4.8 billion yuan. It was formally put into operation in November 2008 and is expected to be comprehensive this year. Yield. At present, Guotou Luoka Company is actively preparing for the construction of the second phase of potash fertilizer projects, including 600,000 tons of agricultural grade potassium sulfate for agriculture and 1.1 million tons of potassium and magnesium fertilizer. The estimated total investment is 8.5 billion yuan. It will be completed and put into operation in 2015. Yearly production. In addition, Guotou Petrochemical will also invest in comprehensive utilization of resources, develop recycling economy, increase product added value, eat salt lake resources, and further develop the deep processing of salt chemical and its products, and eventually develop into an international advanced level. National Salt Chemical Industry Base.
SDIC invested 19.66% in the company. It is a state-owned large-scale phosphorus chemical enterprise integrating phosphate mining, phosphorus compound fertilizer, phosphorus coal chemical, fluorine iodine chemical production, scientific research and trade. Phosphate fertilizer and phosphorus chemical industry has a leading position. During the “Twelfth Five-Year Plan†period, the guiding ideology for the development of Xinfu Company is to rely on phosphorus resources, based on technological innovation, market-oriented, accelerate information, internationalization, and financialization, to create a pioneer company in phosphorus chemical industry and international phosphorus Chemical power. By 2015, it is expected that the annual output of Phosphorus ore will be 10 million tons, phosphorous 2.2 million tons, phosphorus and compound fertilizer 4.5 million tons, phosphoric acid purification 720,000 tons, phosphate 400,000 tons, and fluorine and iodine chemicals 250,000 tons. And it has formed supporting production capacity for fine phosphorus chemical industry, iodine chemical industry, fluorine chemical industry, and phosphogypsum building materials products, with a total of 450 patented technologies. The market share of high-concentration phosphate fertilizers and fine phosphorus chemical products has reached 16%, and the technology output has exceeded 500 million U.S. dollars. Energy-saving and environmental protection level reached the industry leader.
Guangxi Luzhai Fertilizer Co., Ltd. is currently the largest phosphate fertilizer production base in Guangxi and a key phosphate fertilizer enterprise in the country. It is jointly funded by SDIC and Guangxi Investment Group Co., Ltd. Its Chinese investment company holds 21% of the shares. Guangxi Luzhai Company now produces 240,000 tons of diammonium phosphate, 100,000 tons of monoammonium phosphate, 450,000 tons of sulfuric acid, 150,000 tons of phosphoric acid, 80,000 tons of synthetic ammonia, 150,000 tons of compound fertilizer, and 200,000 tons of calcium magnesium phosphate fertilizer. During the “Twelfth Five-Year Plan†period, Luzhai Company will build an industrial pattern based on chemical fertilizers and supported by high value-added products such as titanium dioxide, which will become a model for industrial upgrading in the industry. By the end of the "Twelfth Five-Year Plan," the company will achieve an annual sales income of 4.5 billion yuan.
In an interview, the reporter also learned that, with the foundation of the SDIC-China Ili Coal Chemical Co., Ltd.'s Ili Nileke coal-to-olefins project in June this year, SDIC has opened the “Twelfth Five-Year Plan†to speed up the conversion of advantageous resources and realize The prelude to the company's transformation goals. It is reported that the total scale of this coal-to-olefins project will produce 1.2 million tons per year. The 600,000 tons of coal-to-olefins production project started this year is the first-phase project with a total investment of over 19.2 billion yuan.
In addition, SDIC signed a strategic cooperation framework agreement with the Xinjiang Production and Construction Corps in June this year. The two sides agreed to deal with coal, electricity, coal chemical industry, chlor-alkali chemical industry, natural gas chemical industry, special mineral resources processing, new building materials, and biological resources. Strategic emerging industries such as technology, new materials, and new energy will exert their respective advantages and deepen cooperation.
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