Ningxia Baoting New Material Technology Co., Ltd. (Joint-stock)

Relying on the abundant local and surrounding coal and gas resources as well as the advantages of industrial policy support, Ningxia Baoting New Material Technology Co., Ltd. (Joint-stock) deeply cultivates the field of chemical new materials. In the manufacturing of benzene products, it stands at the forefront with a steady pace, leading the development of the new materials industry. The company has a registered capital of 510 million yuan, covers a total area of approximately 1,000 mu, and possesses a 400,000-ton/year coal tar hydrogenation unit and a 600,000-ton/year refined coal tar modification unit, which are hazardous waste comprehensive utilization and new material projects, and represent the first low-carbon alkane recycling project in China. At the same time, using the hydrogen produced as a by-product of existing units as raw material, it has built the first hydrogen refueling station in Northwest China, producing high-quality hydrogen with a purity of up to 99.999%. It is the first unit in Ningxia to supply hydrogen to surrounding fine chemical enterprises, and the hydrogen produced is of high purity. The company actively responds to the national "dual carbon" strategy, adheres to green and low-carbon development, and actively develops the hydrogen energy industry.