Yingde Gases Signs Multiple Gas Supply Contracts

On 8 August 2024, under the witness of the Puyang municipal government, Yingde Gases signed gas supply contracts with Henan Junheng Industry Group Biotechnology Co., Ltd. (Junheng Biotechnology), Puyang Enying Petrochemical Co., Ltd. (Enying Petrochemical), Puyang Enying Polymer Materials Co., Ltd. (Enying Polymer) and Tianneng Group (Puyang) Renewable Resources Co., Ltd. (Tianneng Renewable). Yingde Gases will vigorously develop and utilize the large-scale industrial gas hub project in Henan Province to assist local enterprises achieving green, energy-saving and circular development of the chemical industry.

In keeping with its commitment to develop clean and efficient hydrogen energy, Yingde Gases will utilize the gas hub to carry out large-scale on-site pipeline gas supply within the park. This signing of multiple contracts will primarily support Junheng Biotechnology’s project for the production of hydrocarbon-based biodiesel and sustainable aviation fuel, Enying Petrochemical’s upgrading project for green petroleum products and Enying Polymer’s project for the comprehensive hydrogenation of condensate, C4, C5, C9 and naphtha to produce hydrogen blended oil. Meanwhile, Yingde Gases has also signed a strategic framework agreement for gas supply with Tianneng Renewable. Leveraging its extensive product supply capabilities, Yingde Gases employs the advanced gas hub model to centrally supply high-quality, stable, sufficient and flexible industrial gases to enterprises in the park to meet their diverse gas needs. This is in line with Yingde Gases’ commitment to assist enterprises in reducing costs, increasing efficiency and achieving high-quality development.

With the chemical industry, new functional materials and equipment manufacturing sectors as its primary industries, Puyang Industrial Park is a provincial-level professional chemical park in Henan with huge industrial development potential and a superior geographical location, attracting a large number of high-quality enterprises and maintaining rapid growth over the past few years. The industrial park aims to focus on four major concepts, namely high-end, professional, circular and green development features to create a safe, smart, efficient and green park. By continuously bringing in projects that complete the chain from top to bottom, provide all-round supporting services, and have complementary functions, it is hoped that this will accelerate the construction of a comprehensive industrial ecosystem.

Yingde Gases previously signed an investment cooperation agreement with the Puyang municipality to construct a gas hub project in Puyang Industrial Park in order to supply various forms of industrial gases to the enterprises within Puyang Industrial Park. Yingde Gases has extensive experience in the construction and operation of industrial gas hubs, having constructed and operated industrial gas hubs in Shangyu of Zhejiang, Jingmen of Hubei, Zhuhai of Guangdong, Yangzhou of Jiangsu and Jining of Shandong. These gas hubs provide gas products to numerous companies within and surrounding the parks in an efficient and stable manner.

Wu Linran, Secretary of the Party Working Committee of Puyang Industrial Park said: “We are really happy to see that Yingde Gases is making several investments and establishing partnerships in the Puyang municipality. Yingde Gases’ gas hub project in Puyang Industrial Park will coordinate the supply of industrial gases and provide convenient public engineering services to enterprises within the park. This will help to improve the industrial chain, optimize the industrial ecology, and enhance the comprehensive advantage of the park. In terms of optimizing and adjusting the industrial structure of the Puyang municipality, it is also of great significance that we promote the improvement of the chemical industry chain and the development of the downstream new materials industry. Besides reducing the operating costs of enterprises within the park, the gas hub project also greatly improves the energy utilization efficiency of the entire park and promotes the low-carbon and energy-saving development features of the park.”

Chen Kai, Yingde Gases’ Vice President and General Manager of Business Development Division, said: “Yingde Gases is committed to green and low-carbon development, innovative application exploration, core competitiveness building and the coordinated growth of diversified businesses. The signing of the gas supply contracts in Henan will provide full support for the low-carbon economic development of our partners. We will also continue to promote the gas hub project, support more chemical companies and industrial parks, improve quality and efficiency, and inject a new momentum into accelerating the clean energy transition process and achieving the ‘dual carbon’ objectives.”

About Yingde Gases

Yingde Gases is a large-scale professional gas company committed to industrial development. It has built over 160 gas production facilities in China and abroad, covering various industries such as metallurgy, chemical, electronics, semiconductor, photovoltaic, food, medical and healthcare, new materials, energy and environmental protection. It operates in China, Southeast Asia, South Asia and Oceania. Yingde Gases focuses on on-site gas supply, clean energy, merchant, design and engineering, hydrogen, rare and special gases. It supplies high-quality industrial gases such as oxygen, nitrogen, argon, and hydrogen through on-site pipeline gas supply, liquid and compressed gases, as well as providing clean energy syngas solutions based on hydrogen and carbon monoxide.

About Junheng Biotechnology

Henan Junheng Industry Group Biotechnology Co., Ltd. primarily deals with the research and development, production, sales and import and export of products such as Class II and Class III lubricant base oils, high-grade white oil, high-end lubricants, light biodiesel, hydrogenated vegetable oil, hydrocarbon-based biodiesel, sustainable aviation fuel (SAF), and bio-based lubricating materials. In January 2024, the company obtained airworthiness certification issued by the Civil Aviation Administration of China, making it the first private enterprise in China to obtain sustainable aviation fuel (SAF) certification. As the largest SAF production base in China, the company is also the only enterprise in China with the capability to commercialize SAF. The company has been recognized as a national-level "specialized, sophisticated, unique and novel” little giant enterprise. With 10 provincial and municipal-level R&D platforms, including the "Enterprise Technology Center" and "Scientific Academician Workstation”, the company has undertaken 2 major national projects, 5 major provincial projects, and 4 major municipal projects.

About Enying Petrochemical

Puyang Enying Petrochemical Co., Ltd. employs the geographical advantages and raw material advantages of the oil fields of Zhongyuan in Puyang, producing high-quality fuel oil through mature hydrogenation technology to improve fuel oil quality. The original production unit with an annual output of 300,000 tons of solvent oil and refining additives was upgraded and modified to build a gasoline and diesel hydrogenation unit to improve the product quality of fuel oil.

About Enying Polymer

Puyang Enying Polymer Materials Co., Ltd., which was established in 2019, is an innovative enterprise engaged in the research, development, transformation of achievements, industrial production and sales of high-performance synthetic resins. The company currently primarily deals with the research, development, production and sales of benzoxazine resins and special phenolic resins. The unique properties of the benzoxazine resin produced by the company enable it to be widely applicable in the fields of aerospace, aviation, military, electronic components, rail transportation, printed circuit boards, laminates, vacuum pump vanes and low-viscosity resin-molded insulation materials, refractory materials, membrane materials, abrasives and other industries with high-end technical application levels.

About Tianneng Renewable

Tianneng Group (Puyang) Renewable Resources Co., Ltd. is affiliated to Tianneng Holding Group, one of the top 500 global new energy companies. Tianyang Renewable is a comprehensive business enterprise primarily dealing with the recycling and treatment technology development of waste batteries and the utilization of renewable resources. Its production processes and environmental protection technology, which are leading within the domestic industry, are state-supported projects which have also made the company a model high-tech enterprise for clean production applications.