Hebei Jinbang New Materials Co., Ltd. was established in June 2021 and is a subsidiary of Haobang Chemical Group. Jinbang Company plans to invest in the east area of ??Lingang Economic and Technological Development Zone, Cangzhou City, Hebei Province to implement “Hebei Jinbang New Materials Co., Ltd. 80,000 tons/year epoxy resin, 20
10,000 tons/year potassium sulfate and its supporting projects”, the project is constructed in two phases, the details are as follows:

This project is centered on epichlorohydrin, and makes full use of the products and by-products between each device to form a complete upstream and downstream product chain. Use purchased potassium chloride and products of sulfur incinerator and sulfur trioxide absorption device as raw materials to produce agricultural potassium sulfate, and at the same time by-produce hydrogen chloride; use refined glycerin produced by glycerol purification unit and by-product hydrogen chloride of potassium sulfate unit as raw materials to produce epoxy resin Chloropropane; and then use epichlorohydrin as raw material to produce epoxy resin and epoxy diluent respectively.

According to the data, Hebei Jinbang New Materials Co., Ltd. was established in 2021, covering an area of ??500 acres and investing 2.5 billion yuan. The business scope includes the manufacture of organic chemical raw materials (except hazardous chemicals); production and sales: glycerin, calcium chloride dihydrate, calcium chloride liquid antifreeze, potassium sulfate, epoxy resin, sodium chloride brine, glycerin asphalt (hazardous chemical except products) products.