Core Viewpoint - The company has successfully completed the construction of a 200,000 tons/year dicarboxylic acid project, which has entered the trial production phase, indicating a significant advancement in its production capabilities [1][2]. Project Approval Status - On May 21, 2024, the company held its ninth board meeting and approved the investment proposal for the project, which does not require submission to the shareholders' meeting for review [1]. Project Overview - The 200,000 tons/year dicarboxylic acid project utilizes proprietary technology and includes the construction of storage tanks, public utilities, auxiliary facilities, and safety and environmental protection facilities. Upon completion, the project is expected to produce 200,000 tons of dicarboxylic acid annually [1]. - The total investment for the dicarboxylic acid project is estimated at 867 million yuan, funded through the company's own resources and bank loans [1]. Impact on the Company - The completion and production of this project will enhance the company's production capacity, optimize operational efficiency, increase market share, and improve competitive strength, aligning with the company's development strategy and long-term planning [2].
山东华鲁恒升化工股份有限公司 20万吨/年二元酸项目投产公告