Hubei Yihua Chemical Industry Co Ltd, Asia’s largest fertilizer producer, will invest 33 billion yuan (US$5 billion) in a coal chemical project in the Xinjiang Uygur autonomous region during the next five years. The investment will involve the construction of a 1.2 million kilowatt thermal power plant and projects with an annual production capability of 1.2 million tons of synthetic ammonia, 2 million tons of urea, 1.8 million tons of calcium carbide, 1 million tons of caustic soda, 1.2 million tons of PVC, 2 million tons of semi-coke, and other products.
The ammonia and urea production lines are expected to come into operation in October next year, and others will be finished by the end of 2012. The Company markets its urea products under the brand name of Yihua. They also manufacture DAP. The Company distributes its products within the domestic market and to overseas markets.