Comply with Environmental Protection Requirements, Chemical Companies Badly Need Cleaner Production Technology Upgrading

ASIACHEM：Comply with Environmental Protection Requirements, Chemical Companies Badly Need Cleaner Production Technology Upgrading

ASIACHEM short comment: since 30 years of reform and opening up, chemical products have transited from short supply to structural overcapacity. Chemical production also need to develop from extensive, low value-added direction to fine, high value-added direction. Under the background of environmental new deal and lifelong accountability of environmental responsibility, chemical companies are badly needing to carry out cleaner production technology upgrading, to be in an invulnerable position in a new round of completion.

In Sep 2015, , an affiliated unit of MEP, exposed that a real-name letter report has been received to report the long-term, enormous amount of illegal landfill hazardous waste by Jiangsu Yangnong Chemical Group Co., Ltd and Jiangsu Changqing Agrochemical Co., Ltd, to seriously pollute groundwater and drinking water source.

said that this event has caused a great disturbance in Jingjiang City, Jiangsu Province, report materials were basically true, and Jiangsu Jingjiang Environmental Protection Agency (EPA) has set up a cordon to avoid the close of unsuspecting public. Jiangsu Jingjiang EPA has sent the sample to relevant department for testing. On Sep 11^th 2015, based on testing results, the EPA has been transferred to public security organ according to relevant national regulations.

Yangnong Chemical possesses the largest scale, most complete pyrethroid industrial chain in China, with product application covering two areas of agricultural utilization and hygiene, and forms product group of three main series and more than 30 varieties, among, the market share of hygienic insecticide in China accounts for 70%. Jiangsu Changqing Agrochemical Co., Ltd founded in 1970, is a state designated pesticide production company, mainly produce synthetic insecticide and pesticide intermediate, with main products of herbicide, fungicide, insecticide, etc.

Besides, on Sep 25^th 2015, Huaxin International announced that it intends to sell the whole agrochemical business and agricultural trade business to controlling shareholder of Guangdong Huaxin, with the transaction amount of CNY 1.983 bn. The purpose of this trading is to promote business transformation of Huaxin International through stripping of original agrochemical business, the company will eliminate uncertainty of performance growth of original business caused by factors such as price fluctuation, environmental protection, and meanwhile, the company can quickly return the funds to provide financial support for transformation in energy, finance and other businesses, which is beneficial for promoting business transformation, centralizing resources to develop energy, finance and other business.

In order to help companies’ advanced petrochemical transformation and upgrading as well as technical innovation, China Alkylate Technology & Market Conference 2015 will be held in Nov.12-13 2015 in Jinan, Shandong Province, to prominently discuss environment friendly alkylate production technologies. Besides, Polycarbonate Technologies & Market Conference 2015 will be held in Dec.16-17 2015 in Shanghai, to prominently discuss the innovation and application of non-phosgene polycarbonate technology.

ASIACHEM believes that since 30 years of reform and opening up, petrochemical and chemical products have transited from short supply to structural overcapacity. Chemical production also need to develop from extensive, low value-added direction to fine, high value-added direction. Under the background of environmental new deal and lifelong accountability of environmental responsibility, chemical companies are badly needing to carry out cleaner production technology upgrading, to be in an invulnerable position in a new round of completion.