Shihezi Zheng’s Chemical Fibre Corporation is a limited liability company incorporated and registered in the Industrial and Commercial Administration Bureau of Shihezi City on November 8, 2007. The Corporation address is located in the 2nd Company, 121 Mission, and Fortress Town in Shihezi City of Xinjiang Uygur Autonomous Region. The total investments of the Company are 320.33 million Yuan RMB, of which 101.09 million Yuan belongs to the fixed assets and 155.87 million Yuan are the circulating funds. It main undertakes the production of cotton pulps and the acquisition of cotton linters, with an annual production of cotton pulps for 60,000 tons. It could achieve the total industrial output value of 375 million Yuan RMB, the added value of 150 million Yuan, and the taxation of profits of 40 million Yuan.
The company commenced its construction in April, 2008 and completed its entire construction project in April 2009. The company covers an area of 224,000 square meters with a building area of more than 100,000 square meters. It has three basic production workshops, a power workshop, five finished goods warehouses, and a replacement warehouse. At present, it has 282 employees, 26 of whom are the professional technicians.
In accordance with the corresponding requirements of the PRC Ministry of Environmental Protection, the Company has reached the third level discharge standard and has passed the environmental protection acceptance. From January 1st 2016, the Ministry of Environmental Protection began to comprehensively implement the first level discharge standard. The previous sewage treatment facilities have been unable to meet the requirements; thence there is a necessity to increase new technologies and equipments. The Company has invested 40 million Yuan in environmental protection projects. All the work has been completed in August, 2016 and has accepted the acceptance of the Ministry of Environmental Protection.