Subordinate company of Yibin Tianyuan Group (002386.SZ) plans to invest 450 million yuan to build a project with an annual capacity of 600,000 tons of sulfuric acid.

Yibin Tianyuan Group (002386.SZ) announced that its subsidiaries Haifeng and Tai are planning to expand their facilities in Jiang'an Chemical Industrial Park. They will integrate the sulfuric acid project with the titanium dioxide industry, using the by-product steam from the sulfuric acid project for titanium dioxide production, achieving "zero consumption" of carbon in titanium dioxide production. The sulfuric acid project will also meet the needs of new energy upstream raw material companies in Yibin and surrounding areas, promoting the development of the lithium battery industry. Haifeng and Tai plan to invest in the construction of a 600,000-ton sulfuric acid project, with a total planned investment of 450 million yuan.