Yicheng Xinneng Shoucheng Technology's coal tar processing volume reached a new high, with a year-on-year increase of more than 138%

Against the background of the overall challenges facing China's coal tar deep processing industry, Yicheng Xinneng Shoucheng Technology Co., Ltd. achieved a record high in coal tar processing volume in the first four months of this year, with a year-on-year profit increase of 55.67 million yuan, and a growth rate of more than 138%. This significant growth not only demonstrates the company's strong production capabilities and market competitiveness, but also sets a new benchmark for it in the industry.

Since its establishment in 2012, Shoucheng Technology Co., Ltd. has focused on the field of deep processing of coal tar. It mainly produces needle coke, asphalt, anthracene oil, industrial naphthalene, wash oil and other products. The annual deep processing production scale reaches 300,000 tons. However, due to the long-term positioning of some products in the mid-to-low-end market, the company once faced the dilemma of increasing income but not increasing profits. In particular, asphalt products, as the product with the largest proportion of coal tar extraction, were once a bottleneck in the company's development.

However, a turning point quietly arrived in April last year. According to the Carbon Black Industry Network, Shoucheng Technology Company has successfully developed binder asphalt, and its various indicators exceed the national superior product standards. It is especially favored by downstream large-specification ultra-high-power graphite electrode manufacturers. In May last year, this product was officially put on the market, which not only met the group's internal production needs, but also successfully broke down barriers in the external market and was highly recognized by customers. With the increase in market awareness, the company's market share has gradually expanded.

At present, the binder asphalt of Shoucheng Technology Company has become a hot product on the market. Customers are determined through bidding, and the best price will be awarded. As the only company in Henan Province producing high-end binder asphalt, the company has established long-term supply relationships with a number of leading carbon companies. In addition, the company has also promoted high-quality development of the company by developing new impregnated asphalt products, reducing naphthalene content in wash oil products, and increasing industrial naphthalene production, and promoting high-quality development of the company. The sales radius has been expanded to the whole country.

While achieving remarkable results, Shoucheng Technology Company is not satisfied with the status quo. The company plans to rely on existing resources and technological advantages to further extend the industrial chain, introduce advanced equipment, and deeply process anthracene oil into high-end products such as refined anthracene and carbazole to enhance product market competitiveness and consolidate its advantages in the pharmaceutical segment. position. In the future, Shoucheng Technology Company will continue to drive development through innovation and inject new vitality into the coal tar deep processing industry.