Jiangsu Fertilizer Companies Have Their Own Markets

At present, the market price and export situation of domestic fertilizers are not optimistic. The market demand is still sluggish, and all kinds of difficult factors form an obstacle to enterprises. The nitrogen fertilizer companies in Jiangsu have adopted flexible and diverse countermeasures and tried to “survive” the new year.

Jiangsu Shuangduo Chemical Co., Ltd. took a cooperative approach with Jinmei Group to establish a stable raw material coal supply channel; Jiangsu Huachang Chemical Industry Co., Ltd. made a fuss about the industry chain and strived to increase the added value of the product; Jiangsu Dafeng Jinli Chemical Fertilizer Co., Ltd. will intensify its traditional advantages and continue to seek benefits from management.

Huang Dianfu, deputy general manager of Jiangsu Hengsheng Chemical Fertilizer Co., Ltd., introduced that the company’s current product price is 100 yuan higher than that of other manufacturers, which is based on higher quality and better prices. At the same time, the company's synthetic ammonia raw coal consumption is 100 kg lower than the industry average. Last year, Hengsheng Fertilizer completed a sales income of 1.95 billion yuan, a profit of 156 million yuan, and sales of 408,000 tons of urea, with a production and sales rate of 100%. In April of this year, the company will also increase its urea production capacity by 300,000 tons/year, and the total production capacity will reach 800,000 tons/year.

Xu Yanyu, deputy general manager of Jiangsu Linggu Chemical Co., Ltd., said that as the largest urea production enterprise in Jiangsu with an annual output of 700,000 tons, the response measures taken by Linggu Company are mainly the conversion of raw coal. That is, coal briquettes are processed into briquettes instead of lump coal. The current price of lump coal is 1,100 yuan/ton, and the coal stock price is only 600 yuan/ton. The purchase cost per ton can save about 500 yuan. At present, the company's coal use rate has reached more than 80% and is expected to reach 100% in March. In this year's downturn in the entire industry, the company still achieved a better profit. The company's new 80 ton/year urea plant is undergoing monomer commissioning. The plant adopts the powder gasifier technology of East China University of Science and Technology. After coal production, all of the company’s total 1.5 million tons of products will be used. All used coal production.

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