Hubei Yihua Chemical Industry Co., Ltd.

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Hubei Yihua Chemical Industry Co., Ltd. is now one of the most infusive top ten representative enterprises in China's petrochemical industry and the biggest manufacturer of chemical fertilizer in China. Yihua focuses on coal based chemical industry, phosphorus based chemical industry, salt based chemical industry, natural gas chemical industry and mine development. These five backbone scopes account for the most of our fifty products.

The total asset of our company is 3.5 billion US dollars and our employees sum to 30,000. The turnover of 2008 is 3.1 billion US dollars, of which 320 million US dollars is export amount.

Yihua is the largest manufacturing base of pentaerythritol with an annual output of 120,000 tons. We occupy 70% of the Chinese domestic market. We become the biggest manufacturer of polyalcohol products.

Yihua is the biggest well-salt enterprise in Asia, with a production capacity of 2,000,000 tons of vacuum-process salt per year. Yihua is the biggest manufacturer of synthetic ammonia and urea in China, producing 4,200,000 tons of synthetic ammonia, 4,500,000 tons of urea, and 500,000 tons of methanol per year.

Yihua is one of the biggest three production bases of phosphate compound fertilizer, with an annual output of 1,000,000 tons of DAP, 500,000 tons of MAP and 1,000,000 tons of NPK.

Yihua is also Chinese biggest united-alkali-process enterprise, with an annual production capacity of 2,000,000 tons of calcined soda, and 2,000,000 tons of ammonium chloride. In addition, we produce 250,000 tons of PVC and 200,000 tons of caustic soda every year.

Yihua insists on that development goes along with environmental protection and prosperity exists with beauty. Yihua takes it as our liability to keep the drainage areas of the Yangtze river and the Yellow river with blue sky, clear water and green hills and to build up a resource economizing enterprise with green gardens.

Yihua advocates a model of development on the basis of constant and circulatory use of resources. The coal based, phosphorus based, salt based and natural gas based chemical industries associate their semifinished products with one another to a far extent and depth. Our resource economizing system saves 500,000 tons of mineral resources, 100 million tons of raw water per year while decreasing 2 million tons of castoff, which directly make an additional profit of 120 million US dollars.

Yihua throws ourselves into terminal control. We have invested 29 million US dollars in ecological sewage treatment system for all our industrial parks. We have spent 14 million US dollars on smoke desulfurization and static dust abatement system, which guarantees that the smoke and sulfuric dioxide discharge meets the state control criterion for thermoelectricity.

During the period of "China's 11th Five-Year Plan for National Economic and Social Development (2006-2010)", Yihua will further concentrate on the coal-based, phosphor-based and salt-based chemical industries. For coal-based chemical industry, we will reach an annual capacity of 5,000,000 tons of urea, 3,000,000 tons of methanol and 200,000 tons of polyalcohol products, bringing up Yihua the biggest manufacturer of urea and polylol. For phosphor-based chemical industry, we will be the biggest production base with an annual output of 5,000,000 tons of phosphorus compound fertilizer. For salt-based chemical industry, we will keep the position of the biggest united-alkali-process producer with an annual production of 2,000,000 tons of calcined soda, 1,000,000 tons of PVC and 1,000,000 tons of caustic soda. Our turnover of the year 2009 shall reach 4.5 billion US dollars and 8 billion US dollars of 2012. Following a Chinese proverb, "Minor progresses forward, enormous successes ahead", Yihua is determined to actualize our target of "Drive into the top 100 enterprises of China and build up a 100-year-old corporation".