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Yongdong Co., Ltd. builds a circular industrial chain to reduce costs and improve efficiency

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September 25, 2023, 8:48 AM

Recently, the production workshops of Shanxi Yongdong Chemical Co., Ltd. have been busy, and several large trucks are parked at the company's entrance waiting in line to transport carbon black products to various places.

Zhang Wei, secretary of the board of directors of Yongdong Co., Ltd., said,"Since the second half of the year, carbon black prices have risen steadily. Our orders are sufficient and our capacity utilization rate has now reached 100%. Carbon black is a cyclical product, and what the company needs to do is to cope with cyclical fluctuations through industrial upgrading. We will firmly dig deep into the industrial chain of coal tar co-production of carbon black, give full play to the advantages of sustainable circular economy, and seek benefits from refinement, high-end, diversification and scale."

It is understood that Yongdong Co., Ltd. has built a sustainable recycling industrial chain of "coal tar processing + carbon black production + tail gas power generation + fine chemical new materials", which can reuse wastes generated during the production process such as tail gas, steam and waste heat to reduce costs. The electricity needed for Yongdong's production and office work is generated by carbon black tail gas power generation. At the same time, the tail gas from carbon black production is also used to generate steam, drive steam turbines, and power multiple production lines.

Zhang Wei, secretary of the board of directors of Yongdong Co., Ltd., explained: "The company is rich in resources and there are many coking plants, so we can make full use of local resources, eat dry raw materials, and reduce costs. At the same time, through the extension of the circular industrial chain, we have increased the added value of our products."

At present, Yongdong is also committed to innovation and continuously launches high-end products. They focus on the development of special carbon blacks such as high-performance and low-rolling resistance carbon black, high-end product carbon black, conductive carbon black and high-pigment carbon black to meet the needs of the growing new energy vehicle industry. New energy vehicles put forward higher requirements for tire performance indicators, which has brought new market opportunities to Yongdong Co., Ltd.