On May 18, 2023, the centralized start-up activities of major projects in the second quarter of Hubei Province were held. Huanggang City set up a branch venue at the project site of Sinochem Xinxiangyun New Material Industrial Park in Wuxue City, and held the second quarter of 2023 in the form of cloud start. Major project start activities.

Sinochem Xinxiangyun New Material Industrial Park is located in Makou Chemical Industrial Park, Wuxue City, Hubei Province. It is jointly funded and constructed by the central enterprise Sinochem China Wuhuan Engineering Co., Ltd. and Hubei Xiangyun Group Chemical Co., Ltd. Sinochem Xinxiangyun New Material Industrial Park project has a total investment of about 25.5 billion yuan, covers an area of about 4,350 mu, and will be constructed in two phases. The project is divided into three major sectors according to product categories, namely the phosphorus chemical sector, the fluorine chemical sector and the coal chemical sector. The first phase of the project focuses on the construction of the phosphorus chemical sector project.

Among them, the investment of the first phase of the project is about 12 billion yuan, and it is planned to start construction in 2023. It is expected to be completed by the end of 2024. After the completion of the first phase of the project, the sales revenue will be nearly 10 billion yuan; the investment of the second phase of the project is about 13.5 billion yuan, and it is planned to start in 2025. , is expected to be completed and put into operation in 2028. After the completion of the project, it is estimated that the total sales revenue will be nearly 30 billion yuan, and more than 3,000 new jobs will be created, which will have good economic and social benefits.

Liu Jie, Mayor of Huanggang City, said that since 2023, Huanggang City has overcome difficulties and worked hard to forge ahead, insisting on concentrating power on projects, inclination to projects on policies, and concentrating elements on projects, so as to promote high-quality development with continuous breakthroughs in major projects. From January to April, the city started 372 key projects with a total investment of 60.5 billion yuan, and newly entered 206 key projects with a total investment of 32.4 billion yuan, providing strong support for the city's steady growth. In the second quarter, the number of projects started is large, the quality is good, the driving effect is strong, and the speed of progress is fast. It is hoped that the whole city will further establish the awareness of grasping projects and promoting development, provide front-line services, precise scheduling, strengthen investment chains, and strengthen planning.

It is understood that in the second quarter, the city plans to start 295 new projects of more than 50 million yuan, with a total investment of 100.7 billion yuan, a year-on-year increase of 18 and 42.8 billion yuan respectively.Editor/Ma Xue