company profile
Xinjiang Xinbofa Chemical Co., Ltd. was established on March 27, 2023, with a registered capital of 150 million yuan and a total investment of 300 million yuan. The designed annual output is 20,000 tons of sodium metabisulfite, 20,000 tons of sulfur powder and 150,000 tons of sodium sulfide. The construction content covers production workshop, raw material warehouse, finished product warehouse, etc. 60% of the products are exported to Russia, Kazakhstan, Pakistan and Europe and the others, and the remaining 40% are sold in china market。
The first and second phase of the project will be started in July 2023 and is expected to be put into operation in August 2024. The third phase is scheduled to start in July 2024 and start production in December 2025. After completion, it will provide more than 200 jobs, promote the utilization of chemical waste, drive local economic development, and increase fiscal revenue.
After reaching the project, the annual output value of about 780 million, 150 million profits and taxes, of which 70 million taxes, significant economic benefits.