SP Chemicals (Taixing), located in the Taixing Economic Development Zone, Taixing, Jiangsu province, has sold 3.5 million cubic meters of water rights to Taizhou Urban Construction Investment Group through the national water rights trading platform for 315,000 yuan ($45,300).
This is the first time a Taixing company has completed cross-city water rights trading by relying on this platform.
Activating the existing water resources of enterprises through market transactions meets the water demand of enterprises and achieves the precise allocation of surplus water indicators to demand areas.
SP Chemicals (Taixing) mainly produces chemical products such as caustic soda, liquid chlorine, hydrogen, and vinyl chloride. [Photo/WeChat account: txfabu]
As a national key monitoring water consuming company, SP Chemicals (Taixing) has a water intake permit of over 100 million cu m.
In recent years, it has focused on innovation and transformation, green development, and the upgrading of energy levels. The company has invested over 80 million yuan to upgrade and renovate the wastewater treatment equipment in its southern factory area.
After the water-saving facilities were upgraded, the company's water efficiency has improved, and all 3.5 million cu m of water rights traded this time derive from efforts to conserve water.