On July 19, Yang Zunxian, general manager of Zaozhuang Mining Group, met with Guo Jixun, president of OCI China (Shanghai) Company Limited, during which they agreed to develop their cooperative project, Shandong OCI Jianyang Carbon Black Project, into a green and environmental one with high scientific and technological content and high added value. 

The project passed the environmental protecting acceptance check on June 3. At present, the project acceptance test report has been accepted and publicized by Zaozhuang environmental protection authority. 

This project adopts the carbon black production technology of Korean OCI Group and is planned to produce 200 thousand tons of carbon black per year. In the first phase,  with the planned investment of USD 98 Million, it will produce 120 thousand tons of carbon black per year and consists of two hard carbon black production lines with annual output of 40 thousand tons each and one soft carbon black production line with annual output of 40 thousand tons.

The raw material, namely carbon black oil, used for this project is supplied by Shandong OCI Chemical Co., Ltd., while the carbon black products will be sold to Bayi Tire and Fengyuan Tire affiliated to Zaozhuang Mining Group. 

According to information, after starting construction in January 2015, Shandong OCI Jianyang Carbon Black Co., Ltd., based on the market need, just built one 40-thousand-ton hard carbon black production line and one 40-thousand-ton soft carbon black production line with actual investment of USD 50.55 Million. Its launching ceremony and product promotion meeting was held on September 8, 2016.