Recently, Shanxi Sanqiang New energy technology Co.,Ltd. held opening ceremony for two projects in Inner Mongolia. One is 800,000 tons/year of coal tar project, and the other is 200,000 tons/year of carbon black project.
With a total investment of 1.65 billion yuan, the whole project would include 800,000 tons/year of refined coal tar, 300,000 tons/year of asphalt, and 200,000 tons/year of carbon black and supporting facilities to recycle waste gas to generate electricity
The project is divided into two phases. The first phase would be started building in April 2021, and come into operation in May 2022; the second phase would be started from June, 2022, and planned to put into operation in May, 2024.
According to introduction, the company could produce 1,200,000 tons of coal tar, and 500,000 tons of carbon black every year in Inner Mongolia.
Shanxi Sanqiang New energy technology Co.,Ltd. is a private company focusing on carbon black production. It has reached strategy cooperation with many Chinese tire company, such as Zhongce Rubber, Linglong Tire, Prinx Chengshan, Qingdao Double Star etc..