Huiyun Titanium Industry's IPO fundraising project has made significant progress, and production capacity has been improved and the circular economy has taken a step forward.

Huiyun Titanium Industry (300891.SZ) issued a notice on June 11 that the company IPO The second phase of the 80,000 tons / year plastic rutile titanium dioxide post-treatment reconstruction and expansion project (with a post-treatment capacity of about 50,000 tons) has recently completed the acceptance and publicity of environmental protection. As of the date of disclosure of the announcement, the "80,000t / a plastic rutile titanium dioxide post-treatment and expansion project" of the company's IPO project has been fully put into production and reached the scheduled operating conditions. The full commissioning of the project will improve the company's production scale and production efficiency, which is an important measure for the company to improve the industrial layout, further consolidate the core competitiveness and expand the industry market.

At the same time, the "low temperature waste heat recovery project from pyrite sulphuric acid" and "low temperature waste heat recovery project from sulphuric acid from sulfur", the sub-projects of "Circular economy Technical Transformation Project" of IPO investment project of Huiyun Titanium Industry, have also completed the acceptance of environmental protection recently. According to the announcement, the two projects mainly recover and reuse the low temperature waste heat from the company's existing pyrite sulphuric acid production and sulfur sulphuric acid production process, and achieve intensive and efficient product production by means of energy saving and emission reduction, technological transformation and process technology and equipment upgrading, so as to reduce unit product material consumption and energy consumption and improve product additional economic benefits and resource utilization level.

Recently, the "Energy Saving and carbon reduction Action Plan for 2024-2025" issued by the State Council has attracted wide attention from all walks of life. In order to enable China to achieve the dual-carbon target as soon as possible, the Action Plan proposes that by 2025, non-fossil energy consumption will account for about 20%, and energy-saving and carbon reduction transformation in key areas and industries will result in energy-saving standard coal of about 50 million tons and carbon dioxide reduction of about 130 million tons. Key tasks have been deployed for energy conservation and carbon reduction in iron and steel, petrochemical, non-ferrous metals, building materials construction, transportation and other industries.

As a "barometer of economic development", titanium dioxide is one of the important indicators to measure a country's economic development and people's living standards, and is an important basic industry related to the national economy and people's livelihood. It is widely used in plastics, coatings, rubber, chemical fiber, ceramics, food, medicine, cosmetics, new building materials, electronic industry, micro-electromechanical, automotive, new energy, photovoltaic and environmental protection industries and many other fields related to people's daily life. it is closely related to the development of the whole national economy. After years of development, although China has become the world's largest producer and consumer of titanium dioxide (accounting for about 55% of the total global production capacity), the production of titanium dioxide also consumes a lot of energy. How to take action to save energy and reduce carbon in the field of titanium dioxide is of great significance for China to finally achieve the goal of "double carbon".

Huiyun Titanium Industry, a listed company with A shares, is one of the companies that have done very well in energy saving and carbon reduction among all titanium dioxide enterprises in China. The company follows the green development concept of "people-oriented, environmental protection first", always adheres to the core management concept of "circular economy", takes "reduction, reuse and recycling" as the production principle, and adheres to scientific development and technological innovation. Continuous investment in the field of environmental protection and circular economy has pioneered and formed a complete "sulfur-titanium-iron-calcium" circular economy industry chain in China. It is known as the demonstration project of clean production of titanium dioxide by sulfuric acid process and circular economy in China. This unique advantage of circular economy industrial chain helps Huiyun titanium industry to achieve energy saving and carbon reduction, but also further improve the cost performance of the company's products, bring long-term cost advantages, and promote the sustainable development of the company and the surrounding environment.

In order to further improve the company's capacity of circular economy and energy saving and carbon reduction, Huiyun Titanium Industry used the funds raised to build the "Circular economy Technical Transformation Project". These include "production of titanium liquid crystallization technical transformation project", "sulfur sulphuric acid production low temperature waste heat recovery project", "pyrite sulphuric acid production low temperature waste heat recovery project", "production of titanium liquid concentration technical transformation project" and other circular economy sub-projects.

There is a view that, according to the requirements of the 2024-2025 Action Plan for Energy Saving and carbon reduction, China must pay more attention to low-carbon environmental protection in the process of vigorously developing basic industries in the future, while enterprises that do not do a good job in energy conservation and carbon reduction may face the risk of being eliminated. As an excellent enterprise in energy saving and carbon reduction in titanium dioxide industry, Huiyun titanium industry is expected to occupy more advantages in the future market competition with the help of policy Dongfeng.