The development trend of the joint alkali industry is improving, and Hebang Biotech has a higher advantage in the domestic market competition.
Combined soda ash, also known as combined soda ash production, is a method of industrial production of soda ash (sodium carbonate). It uses salt, ammonia and carbon dioxide from the synthetic ammonia industry as raw materials to produce soda ash through chemical reactions, calcination, recycling and other links. , a process in which ammonium chloride is produced as a by-product. Combined soda ash is a method of producing soda ash. Compared with the ammonia-alkali method, another major method of soda ash production, it has the advantages of high raw material utilization, no need for large equipment such as lime kilns and ash reducers, low production costs, good environmental protection, and high production efficiency. Short process and other advantages.
Soda ash is one of the important chemical raw materials and is widely used in the fields of glass, metallurgy, printing and dyeing, tanning, photovoltaics, daily chemicals and food. In recent years, with the continuous development of downstream markets, especially the rapid development of photovoltaic glass and float glass markets, my country’s soda ash market demand has continued to increase. In 2022, my country’s soda ash demand will exceed 28 million tons, and the market demand is huge, which is good for the development of the joint soda ash industry.
According to the “China Joint Alkali Industry Market Monitoring and Future Development Prospects Research Report 2023-2027” released by the Industrial Research Center, At present, the main enterprises in the field of combined alkali in my country include Hubei Shuanghuan Technology, Sichuan Hebang Biotechnology, Chengdu Yuntu Holdings, Henan Jinshan Chemical, Nanjing Ammonia Alkali Industry, Chongqing Yihua Chemical, Jiangsu Huachang Group, Jiangsu Suyanjingshen, Guangdong Southern Alkali Industry, Hunan Zhicheng Chemical, Sichuan Guangyu Chemical, etc. are mainly distributed in Jiangsu, Henan, Hubei, Sichuan and Chongqing.
Among them, Sichuan Hebang Biology and Hubei Shuanghuan Technology are currently the two leading companies in the domestic joint alkali industry. Shuanghuan Technology is the largest co-alkaline manufacturer in my country and even the world. Currently, the company has an annual production capacity of over 1 million tons of co-alkali. Its products not only occupy a leading position in the domestic market, but also have a high reputation and stable customer base in the international market. According to data from Shuanghuan Technology’s annual report, the company’s joint alkali business revenue will reach 4.36 billion yuan in 2022, a year-on-year increase of 42.6%.
Hebang Biotechnology is a leading enterprise in the domestic joint alkali industry. The company’s business layout is wide, mainly including joint alkali, ammonium chloride, bisglyphosate, glass, etc. In recent years, with the continuous development of the company, it is currently actively deploying in the photovoltaic industry. To become a supplier of photovoltaic glass and components, it is an enterprise that is expected to realize the layout of the entire industrial chain of Lianjia. According to Hebang Biological Enterprise’s annual report data, the company’s joint alkali business revenue in 2022 will be 4.94 billion yuan, a year-on-year increase of 37.6%.
Industry analysis personnel said that in recent years, driven by the rapid development of the downstream photovoltaic glass and float glass industries , the development trend of the domestic joint alkali industry is improving. Hebang Biological and Shuanghuan Technology are the two leading companies in the domestic joint alkali industry. Although both companies are in leading positions in the industry, from the perspective of product layout and business revenue, Hebang Biological has more abundant products and joint alkali business. With higher profits and stable growth, the company’s future development should be steady.