Debang Express
Alethia Tiell
LEHIGH VALLEY, Pa., Sept. 9, 2019 /PRNewswire/ -- Air Products (NYSE: APD) today announced a new joint venture (JV) with Debang Xinghua Technology Co., Ltd., a subsidiary of Jiangsu Debang Chemical Industrial Group Co., Ltd. ("Debang Group"), to build, own and operate a coal-to-syngas processing facility in Xuwei National Petrochemical Park, Lianyungang City, Jiangsu Province, China.
Air Products will own 80 percent of the JV, and Debang Group will own 20 percent. The JV will own and operate the air separation unit, gasification and purification assets under a 20-year contract for a fixed monthly fee, supplying syngas to support Debang Group's 350,000 tons-per-year chemicals facilities. The project is expected to be onstream in 2023.
In addition, Air Products will be the exclusive purchaser of merchant liquid products from the JV facility, establishing a strong supply position to serve the high-growth chemical, opto-electronics and general manufacturing industries in the Lianyungang area and key surrounding cities north of Jiangsu and south of Shandong in East China.
Zhao Xiang Hai, Debang Group's chairman, said, "This project is an important action for Debang Group to follow 'China's East, Central, and West Regional Cooperation Demonstration Zone' strategy, accelerate the pace of scientific and technological innovation, eliminate outdated production capacity, and build a competitive and innovative green chemical enterprise group. This project received strong support from the municipal government and the Xuwei Park's management committee, and we believe this is only the beginning. We look forward to our strong collaboration with Air Products to provide quality, value, and high efficiency through this strategic project."
Continuing its leadership in gasification projects, Air Products most recently announced the completion of an asset buyback and long-term gas supply agreement for Jinmei Huayu's coal-to-clean fuels project in Jincheng City, Shanxi Province, China. Additional large-scale, multi-billion-dollar gasification projects include the Lu'An, Jiutai and Yankuang Group projects in China, as well as the Jazan project in Saudi Arabia.
About Air Products
Air Products (NYSE:APD) is a world-leading industrial gases company in operation for over 75 years. The company provides industrial gases and related equipment to dozens of industries, including refining, chemical, metals, electronics, manufacturing, and food and beverage. Air Products is also the world's leading supplier of liquefied natural gas process technology and equipment.
The Company had fiscal 2018 sales of $8.9 billion from operations in 50 countries and has a current market capitalization of about $50 billion. Approximately 16,000 passionate, talented and committed employees from diverse backgrounds are driven by Air Products' higher purpose to create innovative solutions that benefit the environment, enhance sustainability and address the challenges facing customers, communities, and the world. For more information, visit www.airproducts.com.
NOTE: This release may contain forward-looking statements within the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on management's reasonable expectations and assumptions as of the date of this release regarding important risk factors. Actual performance and financial results may differ materially from projections and estimates expressed in the forward-looking statements because of many factors not anticipated by management, including risk factors described in the company's Form 10K for its fiscal year ended September 30, 2018.
Fivori outdoor products is a company integrating industry and trade. Its main products are surfboards, paddle board accessories, etc. In recent years, the products are mainly exported, foreign exhibitions, and domestic online sales.
This product belongs to PVC products, due to long-term sealed packaging, there will be a little smell (non-toxic and harmless) when opening, it is normal, only need to be placed in a ventilated place (depending on the weather) to dry for about 1-5 days, the smell disappears.
Note: FAVORITE/Fivori products are all made of non-toxic and harmless materials that do not contain phthalate and meet the requirements of EU 6P plasticizer standard search Q. Please feel free to use them.
1. For the first charge, it is recommended to inflate 80% and place it for 8 hours (spring, summer, autumn and winter) before putting it into use. Due to the buffering process required at the internal drawing belt and seams of the product, this can effectively extend the service life of the inflatable product.
2. The temperature in winter is relatively low. Although the cold resistance index of our products reaches the market standard, PVC products will harden and become brittle at low temperature during express delivery. In order to prolong the service life of the products, it is recommended to place the products indoors for more than 24 hours before inflation after receiving the products, otherwise it is easy to cause crease rupture and air leakage.
All product pictures are taken by professional photographers, but due to the shooting light, display and other reasons, as well as personal color cognition and other factors, the picture effect will still have slight uncontrollable color difference, please understand.
1. Due to different styles, measuring air pressure environment and measuring methods, it is normal to have a 3-5cm error in size data. This error does not affect the use experience. Please do not use this as an after-sales problem to initiate after-sales rights protection.
1. Our products are sent by default to Debang Express/Logistics, except for Hong Kong, Macao, Taiwan and remote areas (Xinjiang, Tibet, Qinghai, Gansu, Ningxia). All orders beyond the delivery scope of the express/logistics point must be delivered to the logistics point or delivered to the door at one's own expense.
Please be sure to unpack and inspect the goods before signing the order. If there is any damage, please take photos of the damage and let the express/logistics issue a damage certificate, and contact customer service in time.
1. If the product has quality problems, the buyer pays the freight in advance, the goods are sent back to the factory, and the quality inspection is carried out. If the quality problem is determined, the seller shall bear the freight back and forth.
Through the actual situation of the express industry in terms of more stringent requirements for the inbound, unloading, receiving, scanning, X-ray machine security inspection, weighing, unpacking, sorting, packaging, and outbound fast loading of goods, PGSL, With the experience over 150 airport baggage conveying system projects and air cargo terminal projects around the world, has carried out in-depth cooperation with well-known international and domestic express companies. At the same time, according to the actual situation of technology, labor force and national policies in the domestic express delivery industry, it provides automatic and semi-automatic express delivery solutions of different standards for the express delivery industry, and accelerates the transformation and upgrading of customers in the express delivery industry.
Financial Associated Press, October 30 (Reporter Hu Haoqiong)As the large express delivery business is less affected by the "price war" of the express industry, the superimposed load and vehicle income have achieved rapid growth, and the performance of Debang (603056.SH) is relatively stable. Company insiders said that with the arrival of the peak season in the fourth quarter, there is still room for growth.
This evening, Debang AG announced Q3 results. The results show that the company's operating income in the first three quarters was 25.443 billion yuan, an increase of 11.51 percent over the same period last year; the net profit belonging to shareholders of listed companies was 471 million yuan, up 44.47 percent over the same period last year; and the net profit after deducting non-profit was 282 million yuan, an increase of 183.52 percent over the same period last year. Q3 achieved revenue of 9.75 billion yuan in a single quarter, an increase of 21.64% over the same period last year, and its net profit reached 228 million yuan, down 6.49% from the same period last year.
According to the announcement, Debang's main business kg unit fell 3.73% in the third quarter compared with the same period last year, and from a monthly point of view, the rate of decline in kg unit price showed a narrowing trend. From the perspective of assets, with the increase of the company's business volume and the growth of revenue, the total assets show a corresponding growth. By the end of the reporting period, the company's total assets reached 17.035 billion yuan, an increase of 13.31% over the beginning of the period.
In terms of business, the company's express business revenue was 4.84 billion yuan, down 8.73% from the same period last year; the total number of votes was 184 million, an increase of 0.68% over the same period last year. The operating income of the express business was 4.585 billion yuan, an increase of 87.87% over the same period last year. Other businesses are mainly warehousing and supply chain business, with operating income of 325 million yuan, an increase of 19.62% over the same period last year.
From the perspective of the industry where Debang shares are located, according to the person in charge of Debon shares, because China's express network is mainly joined, and is in the stage of transformation and upgrading of the manufacturing industry and accelerated integration on the supply side, with reference to the more mature American less-than-truckload express market, based on the differences between product power improvement and cost control under the improvement of service efficiency, the concentration and profitability of China's express enterprises still have a lot of room for improvement.
c80f0f1006