Eastern Hunan Chemical Machinery Reform and Reorganization
Recently, Hunan Xiangdong Chemical Machinery Co., Ltd. and Zhuzhou Special Welding Electrode Co., Ltd. formally signed a contract to achieve strong and strong alliances. This marked that the national chemical equipment manufacturing backbone enterprise, Xiangdong Chemical Machinery, has since taken off its “National†coat and turned it into a private enterprise, realizing restructuring and reorganization, and setting sail again. Bucket & Pail Mould Taizhou Huangyan YouGo Mould & Plastic Co., Ltd , http://www.plastic-moulds.com
With an annual production capacity of 50,000 tons, Xiangdong Chemical Machinery Co., Ltd. is a major supplier of complete sets of equipment and accessories for chemical, fertilizer, chemical fiber, environmental protection, building materials, power, oil refining, pharmaceuticals, metallurgy and Other industries at home and abroad. In recent years, more than 20 sets of heavy-duty coal chemical equipment (such as coal gasification and coal-water slurry gasification equipment and large methanol equipment imported from foreign countries) have been invested and constructed in the country, and each set of equipment has achieved performance. Provide equipment worth more than 1 billion yuan, ranking first in the domestic chemical manufacturing industry.
Zhuzhou Special Welding Electrode Co., Ltd. is a large-scale private enterprise in Hunan, involving electronics, chemical industry, welding consumables, mining, commercial banks and other fields. The company’s chairman Zeng Jijiang stated that after the reorganization of Xiangdong Chemical Machinery, it will continue to retain the original name of the plant, continue to produce and operate the past product categories, and the employee’s re-engagement rate will be 90% to ensure the continuous and stable development of the company. The company will inject RMB 300 million in working capital this year to speed up the pace of the development of Xiangdong Chemical Machinery. In 2012, it plans to invest RMB 150 million for the upgrading and technological innovation of chemical equipment in eastern Hunan.