Recently, Huaxia Hanhua Chemical Equipment Co., Ltd. (Huaxia Hanhua) won the bidding of an international credit-supported heating supply project. It would provide the project with central heat sources, primary pipe network, heat-exchange units as well as various materials, equipment and services required by automatic control. So far, Huaxia Hanhua has signed with the proprietor the formal contract worth of USD 3.27 million and the relevant technical documents.
This international credit-supported project is the central heating supply project for the urban areas of Zhongyang County, Shanxi Province (Phase III), which is aimed for improving the county’s environment, cutting pollution and reducing consumption of energy. The loan from the Asian Development Bank (ADB) would be used to introduce complete equipment and relevant technologies form other countries.
As China raised ever-higher requirements for municipal engineering in terms of environmental protection and energy conservation in recent years, urban central heating systems have been adopted so that winter heating areas could update their heating systems for improved energy efficiency. Huaxia Hanhua seized market opportunities and used its strength in technology and commerce, and managed to extend its business from petrochemical engineering to urban heating supply. It has won the bidding of many projects worth of RMB 270 million accumulatively. These projects include the comprehensive environmental improvement project of Jilin City by Jilin City Heating Group Co., Ltd., the Xujia Dongshan Central Heating Project by Qingdao Kaiyuan Group Co., Ltd., the Jinan CHP comprehensive improvement project for higher energy efficiency, the energy saving-oriented heating pipeline technical renovation project by Jinan District Heating Limited Company, the ADB loan-supported project of a Urumchi-based heating company, and the central heating supply project for the urban areas of Zhongyang County, Shanxi Province (Phase III).
Now, international credit-supported heating projects have become a new engine for business growth of Huaxia Hanhua. Those completed projects have produced considerable economic and social benefits, thanks to the company's well-thought organization, appropriate management and well-oiled operations. (Song Xiangdong)