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The chemical market is unpredictable. The key chemical companies in Yixing City have adjusted their strengths and scaled up large-scale, and have obtained survival and development in the market competition. In recent years, Jiangsu Linggu Chemicals Co., Ltd. has spent an average of more than 80 million yuan each year on technical reforms, continuously expanding its production scale, effectively reducing production costs, and enhancing market competitiveness. The company's Linggu brand urea is not only in short supply in the domestic market, but also exported to the international market. Today, the expansion project with an annual output of 300 million tons of synthetic ammonia and 520,000 tons of urea and thermoelectricity with a total investment of over RMB 1 billion is under implementation. The comprehensive competitive strength of enterprises is increasing.
Jiangsu Sanmu Group made a one-time investment of 250 million yuan last year. New products such as polyvinyl chloride, melamine, and quaternary tetraethanol have been introduced. Upstream and downstream products have achieved integrated production and become "lead geese" in the fine chemical industry in the city. Shenxin Dyes, Arenda Technologies, and Xingyu Pharmaceutical are committed to making their products unique and have earned a place in the international market. Last year alone, nearly 20 chemical companies in the city eliminated obsolete products and changed their marketable fine chemical products. The market share of the fine chemical industry in the city has risen to more than 80%.
Yixing Fine Chemical Industry ranks the forefront of small and medium-sized cities
Recently, the chemical industry in Yixing City, Jiangsu Province is speeding up the pace of structural adjustment through a series of measures. Yixing Zhongzheng Chemical Co., Ltd. and other chemical companies have invested funds to repair and reform the production equipment, organize operating personnel and other business training, the chemical industry through the adjustment and adjustment of strength and strength of the rapid growth of the company's strength. As of mid-July, the city's chemical industry has annual sales exceeding 100 million yuan, which has increased from 14 in 2004 to 22, and has become the backbone of the city's chemical industry to accelerate its development. The city's fine chemical market share reached 80%. Above, it ranks first among small and medium cities in the country.