St Malone built 20,000 ton sodium formate device

St Malone (600792) announcement, the company board of directors considered through the use of Yunnan Malone Industry huaning phosphate Chemical company yellow phosphorus furnace exhaust gas construction annual output of 20kt sodium formate device. According to the implementation of the "yellow phosphorus industry admittance conditions" of January 1, 2009, the "phosphorus furnace exhaust shall not be directly discharged combustion, must realize energy or resource recycling, encourage yellow phosphorus production enterprises to use yellow phosphorus tail gas as a heat source to produce fine phosphate or power generation, encourage enterprises to develop the use of phosphorus furnace tail gas production　　Combined with the company's actual, the company huaning Phosphate Chemical company to use yellow phosphorus furnace exhaust to build an annual output of 20,000 tons of sodium formate device.　　The announcement said, after the project is completed, can effectively use 8.4 million nm3/a tail gas (for the enterprise annually to save the standard coal 3360 tons), the annual new profit 6.41 million yuan, increases the employment position 34, each year reduces CO2, SO2, the fluoride, the phosphating, the arsenic and so on 8.4 million Nm3 emission quantity. The project construction total investment of 18.5 million yuan, of which 3.18 million yuan, the annual production of 300 days to achieve annual sales revenue of 55.2 million yuan (including value-added tax), the average annual tax total of 10.46 million yuan, annual VAT and the addition of 2.72 million yuan, the total investment income before the internal rate of return 49.39%. (Elaphe carinata)