Jinjing Investment Baking Soda and Soda Ash Waste Heat Project

Jinjing Technology decided to invest about 186 million yuan to build 50kt/a food-grade baking soda project and comprehensive utilization of alkali waste heat. Both projects were implemented by its wholly-owned subsidiary, Shandong Haitian Bio-chemical Co., Ltd.
Among them, the total investment of the baking soda project is 45.25 million yuan, including the fixed assets investment of 32.869 million yuan. The project will annually produce 50,000 tons of food-grade baking soda. After it is completed and put into production, it is expected that the annual new sales revenue will be 66 million yuan and the profit will be 7.2588 million yuan.
The company stated that the use of baking soda is no longer limited to the field of food additives and fire extinguishing agents. With the development of industry, improvement of people's living standards and continuous development of product use, it has been widely used in medicine, feed, beverages, detergents, etc. The industry, due to the continuous expansion of its functions and uses, especially in the fields of medicine, feed, and environmental protection purifiers, has enabled this product to maintain its prosperous production and sales during the global economic crisis in 2008-2009. It is estimated that the market demand for baking soda in the next five years is in a period of rapid growth.
The total investment for the comprehensive utilization of alkali waste heat is 141 million yuan, of which 8.4 million yuan is invested in the central budget, 75.1 million yuan is bank loans, and 57 million yuan is invested by the company itself. Jinjing Technology stated that after the project is put into production, it is expected that the total annual new profit of the project will be 40.2385 million yuan, and the new profit after tax will be 301.789 million yuan, which has good economic and social benefits.
According to reports, Haitian produces 1 million tons of soda ash per year, which is one of the largest companies in the country. Since the 1 million tons/year soda ash project was put into operation, the high-level waste heat generated during the process of alkali production has been used. However, the low-level heat energy has not been used. After the project was implemented, it recovered 160,000 tons of steam annually and directly saved 15,000 tons of standard coal.
If calculated by 135 yuan per ton of steam, the annual increase in revenue is 21.6 million yuan, and the heating area is also increased by 18,900 square meters. Each square meter of heating is calculated at 25 yuan, and the annual increase in revenue is 472,500 yuan. Concentrated seawater of 2.6 million square meters of residual heat, of which 1.6 million square meters can be extracted bromine, salt, after sale, according to 5 yuan / square meter, can increase the efficiency of 8 million yuan. One million square meters is reused in the production of alkali production systems. Annual savings of 100,000 tons of solid raw salt are calculated at 100 yuan per ton, which can save 10 million yuan in cost.
In addition, the project will reduce seawater emissions by 63.20 million square meters, by 0.1 yuan per square meter, reduce sewage charges by 6.32 million yuan annually, reduce disposable seawater purchases by 50.9 million square meters, and calculate by 0.11 yuan per square meter, saving production costs. 6 million yuan. The project uses 10,000 tons of lime waste sand, which reduces the dumping area and reduces the environmental protection fee paid by 1 million yuan annually.

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