CHINA XLX FERTILISER LTD. Press Release
(For immediate release)
China XLX Awarded "Best Efficiency Enterprise for
Ammonia Synthesis in China" for Fourth Consecutive Year
(29 June 2015, Hong Kong) China XLX Fertiliser Ltd. ("China XLX Fertiliser" or the "Company") (HKSE: 01866.HK) is pleased to announce that the Company has won the award for "2014 Best Efficiency Enterprise for Ammonia Synthesis in China", which means the Company has been winning the award for four consecutive years and the No.1 in the anthracite-based production of ammonia synthesis. This is attributable to the Company's continuous dedication to the technological innovation and the energy-saving applications.
In 2014, China XLX made concrete progress in the energy-saving ecological applications. The company has been building the circular economy in the chemical industrial park by leveraging the internal resources on a number of research projects that aim to maximize the overall efficiency. Additionally, the Company is constructing the energy management platform and the system. The efforts have effectively saved energy and improved the overall production efficiency, facilitating the technological advancement in the fertilizer industry.
China XLX has been winning the award for four consecutive years ever since its initial launch in the oil and chemical industry in 2011. China XLX management commented, "It is our long-term commitment to developing and utilizing the advanced energy-saving technologies. We will continue to commercialize the advanced technologies to enhance the overall efficiency and the production capacity, strengthen the management of technological initiatives and lead the development of the fertilizer industry in China."
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China XLX Fertiliser Ltd., one of the largest and most cost efficient coal-based urea producers in China, is mainly engaged in the production and sale of urea, compound fertiliser and methanol. Its annual production capacity of urea, compound fertilizer,methanol and furfuryl alcohol is 2.1 million tons, 1.1 million tons,300,000 tons and 50,000 tons, respectively. Besides, the 5th plant in Xinxiang, which is under
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construction, is expected to commence trial production in 2015. The Group forged a strategic partnership with Primavera Capital, an internationally renowned private equity fund, at the end of 2011, aiming to leverage on its extensive experience and resources network in the capital market to sustain stable business growth. The Company's shares are traded on the main boards of the Stock Exchange of Hong Kong Limited (stock code: 01866.HK).
Investor and Media Enquiries:
China XLX Fertiliser Ltd. Zhu Weiwei
Tel: 86-138 4939 1363
Email: weiwei.zhu@chinaxlx.com.hk
PRChina Limited
Peggy Yuan / Charles Chan
Tel: 852-2522 1368/2522 1838
Email:jyuan@prchina.com.hkckchan@prchina.com.hk
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