On July 30th, the EPC general contract signing ceremony for the newly built 50000 tons/year purified phosphoric acid project of Hebei Jiheng Group Blue Sky Branch was held grandly in Wuhan, Hubei. Leaders including Xiao Qiusheng, founder and lifetime honorary chairman of Jiheng Group, Li Lingtian, general manager of Jiheng Blue Sky, Liu Shouxin, chairman of Wuhan Jianghan Chemical Design Co., Ltd., and Cai Shaoyuan, general manager, attended the signing ceremony.
The estimated investment for the newly-built 50000 ton per year purified phosphoric acid project of Blue Sky Branch of Hebei Group Co., Ltd. is about 220 million yuan. After the project is put into operation, it can achieve an annual output value of 280 million yuan. This project is a strategic node project for the transformation and development of Jiheng Group Blue Sky Company from traditional fertilizers to phosphorus chemical industry. It adopts Jianghan Company's solvent extraction method to purify the production technology of phosphoric acid, which can effectively improve the yield and quality of phosphoric acid. The purified phosphoric acid obtained can all meet the food grade phosphoric acid standard. The purification of phosphoric acid has a wide range of applications, including lithium iron phosphate, food grade phosphate, environmentally friendly high-end flame retardants, electronic grade phosphoric acid, and other industries, with broad development prospects.
At the signing ceremony, Li Salute, General Manager of Jiheng Blue Sky, delivered a speech on behalf of Jiheng Group. Li Salute stated that the 50000 tons/year purified phosphoric acid project is one of the key projects in the "Three Convergence" development strategy of Jiheng Group, and also the core project for Jiheng Blue Sky Company to achieve strategic transformation. Since the project concept was first proposed in 2022 and officially approved in June 2023, Blue Sky Company has had repeated discussions and consultations with Jianghan Design Institute. This project not only carries our beautiful vision for future development, but also marks the beginning of complementary advantages, resource sharing, and mutual benefit between both parties. I hope that both parties can respect the terms of the cooperation agreement, fulfill their respective responsibilities and obligations, cooperate sincerely, and ensure the smooth success of the project during the project promotion and subsequent work.
Liu Shouxin, Chairman of Wuhan Jianghan Design Co., Ltd., delivered a speech on behalf of Jianghan Company. Liu Shouxin stated that Jiheng Group has accumulated a profound foundation of more than 50 years, and Jianghan Company has unique technological advantages and rich project experience in the field of purifying phosphoric acid. With the "strong alliance" between the two parties, the purification phosphoric acid project of Jiheng Blue Sky Company will surely succeed, filling the gap in the purification phosphoric acid market in North China and promoting the high-quality development of the industry. He hopes that both parties can create a closer, more efficient, and sustainable cooperative relationship through this project, and jointly explore new development opportunities and market space.
After the signing ceremony, both parties had further consultations on specific issues related to the project construction period.
Yi Gensheng, Assistant General Manager of Jiheng Group Blue Sky Branch, Sun Zhongming, Administrative Director, Xu Guang'an, Safety Director, Li Guangqian, Project Office Director, Yu Xi, Executive Vice General Manager of Wuhan Jianghan Chemical Design Co., Ltd., Zhang Jun, Deputy General Manager, Li Feikuo, Tian Wenhang and other leaders and project team members attended the signing ceremony.