China XLX Fertiliser Ltd. (“China XLX”or the “Company”, HKSE: 01866.HK) is pleased to announce that its wholly-ownedsubsidiary Henan Xinlianxin FertilizerCo., Ltd. ("Henan XLX") was named the most energy-efficient anthracite-basedand bituminous coal-based (including lignite) synthetic ammonia producer in Chinaby China Petroleum and Chemical Industry Federation. This showcases that the energyefficiency of the Company’s production technologies is widely recognized in themarket.
Henan XLX ranked top amonganthracite-based synthetic ammonia producers in terms of energy efficiency, asit only consumed energy of 1,079 kg standard coal equivalent and electricity of1,059 kWh per unit of ammonia produced. Being chosen as the mostenergy-efficient enterprise using fixed-bed technology in 2016, it has claimed thetitle for sixth consecutive year. Meanwhile, Henan XLX also outperformed allother bituminous coal-based (including lignite) synthetic ammonia producers, asit only consumed energy of 1,225 kg standard coal equivalent and electricity of396 kWh per unit of ammonia produced. It became the most energy-efficient producerusing new coal gasification technology and outstripped all other competitorsusing coal-water slurry technology in energy efficiency for the first time.
Mr. Liu Xingxu, Chairman of China XLX,said, "The selection of the most energy-efficiency enterprises is a major initiativetaken by the government to promote green development and business upgrades ofindustries and to drive continuous improvement in energy efficiency. TheCompany has made relentless efforts to save energy consumption and to enhanceoperating efficiency. Through low-cost and innovation-driven developmentstrategy, we have made persistent improvement in our competitiveness, therebyreinforcing our cost leadership in the market and profitability whilecontributing our efforts to build a green China.”
The Company is building acompound fertilizer plant with annual capacity of 300,000 tons in JiujiangCity, Jiangxi Province. Upon completion, its aggregate compound fertilizerproduction capacity will increase to 2.15 million tons. Besides, the secondmelamine plant with annual capacity of 60,000 tons and related facilities atits Xinjiang production base are under development. The board of directorsbelieve that upon completion of these newly-added facilities, the Company willpossess richer resources and achieve greater economies of scale. This will notonly alleviate the pressure on urea (the feedstock of melamine) sales, but alsoenables us to further increase the market share of our melamine products andour overall profitability.”