In recent years, the chemical industry in Yixing City, Jiangsu Province, has been accelerating its structural transformation through a series of strategic initiatives. Companies like Yixing Zhongzheng Chemical Co., Ltd. have invested heavily in upgrading their production facilities and providing comprehensive training for their staff. These efforts have significantly strengthened the industry's capabilities, allowing companies to grow rapidly and improve efficiency. As of mid-July, the city's chemical sector achieved annual sales exceeding 100 million yuan, with the number of enterprises reaching 22—up from 14 in 2004. This growth has solidified the industry as a key driver of Yixing's economic development, with the city's fine chemical market share now exceeding 80%, ranking it first among small and medium-sized cities nationwide.
The chemical market is highly volatile, but leading companies in Yixing have managed to thrive by scaling up operations and focusing on large-scale production. For instance, Jiangsu Linggu Chemicals Co., Ltd. has consistently invested over 80 million yuan annually in technological upgrades, which has helped expand its production capacity and reduce costs. The company's Linggu brand urea is in high demand domestically and has also entered international markets. Currently, a major expansion project is underway, involving an annual output of 300 million tons of synthetic ammonia and 520,000 tons of urea, along with a thermoelectric plant, with a total investment exceeding one billion yuan. These developments are enhancing the overall competitiveness of local enterprises.
Jiangsu Sanmu Group made a significant one-time investment of 250 million yuan last year, introducing new products such as polyvinyl chloride, melamine, and quaternary tetraethanol. By integrating upstream and downstream production, the company has become a leader in the city’s fine chemical industry. Other firms, including Shenxin Dyes, Arenda Technologies, and Xingyu Pharmaceutical, are focused on innovation and differentiation, successfully establishing themselves in global markets. In the past year alone, nearly 20 chemical companies in Yixing phased out outdated products and transitioned to more marketable fine chemical products. This shift has contributed to the city's fine chemical market share rising above 80%, highlighting the success of its industrial restructuring and long-term vision for sustainable growth.
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