The Western Shandong Chemical Industry Has Been Compensated By 2 Billion 135 Million Of The Three Factories For Its Discontinued Production.

Just due to the original wholly owned subsidiary of Shandong Liaocheng Luxi Chemical Fertilizer Co., Ltd. (hereinafter referred to as "the original factory"), the implementation of the withdrawal of the city into the park integration project to stop the production and relocation of the Limited by Share Ltd, which has obtained 952 million yuan, was announced in the evening of December 25th. According to the arrangement of the Liaocheng Municipal Committee and the municipal government, due to the needs of urban planning adjustment and public interest, Luxi Chemical Company implemented the integration project of the Shandong Liaocheng Luxi Chemical fourth fertilizer Co., Ltd. (hereinafter referred to as the "four factory"), to stop production and relocation.

According to the agreement on the recovery of the right to the use of state-owned land signed by Luxi Chemical Industry and Liaocheng natural resources and Planning Bureau, the natural resources and Planning Bureau of Liaocheng Recuts the land use rights of the original four factories, and compensates for the loss of construction facilities, equipment and production and business losses of the above ground buildings, with a total value of 323 million yuan.

It is reported that the land use certificate No. four of Lu Xi chemical industry's original factory has 996th [2001] words and 114640 square meters of land area.

On the same day, Luxi Chemical wholly-owned subsidiary of Shandong Liaocheng Luxi Chemical second fertilizer Co., Ltd. (hereinafter referred to as "two factories") for the implementation of the integration of the project back to the city, to stop production and relocation. According to the spirit of the meeting of the Liaocheng municipal government on the company's withdrawal from the city, the two factories and the Dong'e natural resources and Planning Bureau signed the agreement to reclaim the right to the use of state-owned land, to recover the land use rights of the two factories, and to compensate for the loss of construction facilities, equipment and stop production and losses of the above ground buildings. The total amount was 535 million yuan, and the payment methods were as follows: 1. (251.9341 mu) of the land was recovered, 255 million yuan was paid for the land storage and storage compensation, two yuan (94.6568 mu) was recovered, and the land reserve and storage compensation was 200 million yuan.

Lu Xi chemical said that the amount of compensation will be used for the loss of fixed assets and intangible assets, related expenses and downtime losses during the relocation and reconstruction of enterprises.

According to Luxi Chemical Industry, the integration project of returning to the city into the park has been put into operation in the company's Park, and has played a certain role. It has optimized the industrial structure in the park and realized the transformation and upgrading of the industry.

The foregoing announcement shows that the recovery scope of the relevant assets such as the right to use state-owned land, the building materials and equipment on the ground floor of Luxi Chemical Plant include: the east of Luhua road in Dongchangfu District, the west of Guang Yue Road, and the two state-owned construction land in the south of the capital Road, the land use right certificate number: chat with the [2000] word 524th, the land area 27780 square meters, the chat country uses the [2004] word 174th, and the land area is 19855.6 square meters.

The main business of Luxi Chemical Industry is the production and sale of new chemical materials, basic chemical and fertilizer products. The main products are polycarbonate, caprolactam, nylon 6, formic acid, polyol, methane chloride, chlorinated paraffin, benzyl chloride, organosilicon, urea, compound fertilizer and so on. Over 100 kinds of products are widely applied.

According to the financial report, in 2018, Luxi Chemical industry achieved 21 billion 285 million yuan of business income, an increase of 35.04% over the same period last year, and realized a net profit of 3 billion 67 million yuan, an increase of 57.27% over the same period last year. In the first three quarters of 2019, the chemical revenue of Luxi Chemical Company was 13 billion 642 million yuan, down 13.50% compared to the same period last year.