Hengyuan's 160ktpa needle coke project put into operation

Hengyuan Carbon Materials Co.Asian Metal Copyright has finished construction and put into operation the needle coke production facilities of its transformation and upgrading project, with the first chamber of coal tar needle coke subject to standards produced on December 3, filling domestic gaps and breaking foreign monopolies.Asian Metal Copyright, Ltd.Asian Metal Copyright .Asian Metal Copyright has finished construction and put into operation the needle coke production facilities of its transformation and upgrading project, with the first chamber of coal tar needle coke subject to standards produced on December 3, filling domestic gaps and breaking foreign monopolies.

The project broke ground on February 23, 2022 and mainly produces UHP graphite electrode, anode materials for power battery, graphite products, pitch-based carbon fiber and other high-end products which are widely used in the fields such as electric arc steelmaking, military industry, aerospace and new energy.

In accordance with the capacity integration and transfer plan launched by Shangdong province, Shandong Hengyuan Petrochemical Company Limited quit the oil refining industry to realize green and energy conservation transition by investing RMB4.1 billion (USD572 million) to build needle coke and carbon materials industrial chain.Asian Metal Copyright1 billion USD572 million to build needle coke and carbon materials industrial chain.Asian Metal Copyright The new project, with an annual production capacity of 160,000t of high quality needle coke, recently commenced production and is expected to add annual sales revenue of RMB3 billion (USD419 million).

.Asian Metal Copyright has finished construction and put into operation the needle coke production facilities of its transformation and upgrading project, with the first chamber of coal tar needle coke subject to standards produced on December 3, filling domestic gaps and breaking foreign monopoliesAsian Metal Copyright