Shandong Haihua: Plans to invest 4.837 billion yuan to implement a soda ash plant upgrade, efficiency enhancement, energy saving, and environmental protection renovation project

2026-03-11 06:21:12

Shandong Haihua announced that the company plans to invest 4.837 billion yuan to implement the “Resource and Energy Comprehensive Utilization-Based Soda Ash Quality Improvement, Efficiency Enhancement, Energy Saving, and Environmental Protection Renovation Project,” replacing the original 1.2 million tons/year ammonia-soda process soda ash production capacity with a 1 million tons/year combined soda process capacity. After the project is completed, the average annual operating revenue during the operation period is expected to be 2.157 billion yuan, with an average annual net profit after tax of 271 million yuan. The project’s financial internal rate of return (after tax) is 9.01%, and the investment payback period (after tax) is 9.94 years (including construction period).

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