Inner Mongolia Junzheng's BDO and PTMEG project completes 20% of the total progress

On April 28, Inner Mongolia Junzheng Energy and Chemical Group Co., Ltd. released its 2022 annual report. According to the report, the company's operating income in 2022 was 21.46 billion yuan, up 11.22% from the same period of last year; the net profit belonging to shareholders of listed companies was 4.157 billion yuan, down 8.35% year on year; and the net profit belonging to shareholders of listed companies after deducting non-recurring profits and losses was 3.217 billion yuan, down 24.80% on annual basis.

During the reporting period, the green degradable plastics project was built in batches according to the approval of the local development and reform commission, including 300kt/year BDO project, 120kt/year PTMEG project and corresponding supporting facilities in the first batch. By the end of the reporting period, the green low-carbon environmental degradable plastics recycling industry chain project was progressing smoothly, of which 300kt/year BDO project and 1200kt/year PTMEG project had completed 20% of the overall construction progress, 3 million tons/year coking project has completed 32% of the overall construction progress, and the calcium carbide upgrading project has completed 50% of the overall construction progress.