Kaiyang, Jiangsu firm ink phosphogypsum deal worth 960m yuan

Representatives from Kaiyang county and Jiangsu Efful Science and Technology sign a cooperation agreement on April 7. [Photo/gywb.cn]

Kaiyang county in Guiyang, the capital city of Southwest China's Guizhou province, signed a cooperation agreement with Jiangsu Efful Science and Technology Co Ltd on April 7. The deal covers a project for the comprehensive utilization of 3 million metric tons of phosphogypsum per year.

With an investment of 960 million yuan ($147.26 million), the project will be located in Shuangliu town. Once completed, it is expected to consume 3 million tons of phosphogypsum annually and produce 2 million tons of ultra-fine calcium sulfate (plastic filler) products.

It is expected that the project will be formally put into production within 18 months after the development land is secured. Once operating at full capacity, it is expected to achieve an annual output value of 800 million yuan and offer employment to around 150 people.

Tang Shaolin, chairman of Jiangsu Efful Science and Technology, said that the company would strengthen communication with Kaiyang county to accelerate the implementation of the project to make contributions to local high-quality economic and social development.

Sun Xin, head of Kaiyang county, said that the project would be an essential part of the county's modern industry, which will significantly affect promoting the safe, innovative, energy-saving, green and efficient development of Kaiyang's industrial sector.

She said that the county would provide a healthy business environment and promote the project's settlement and operation.