The 100000 ton ultra-high power graphite electrode project of Hongzhou carbon material was put into operation. Hongzhou carbon material carbon material was established in August, 2018 and jointly established by the company and Baowu carbon material under China Baowu group. As a leading enterprise in the field of metallurgical coal chemical industry, Baowu carbon materials undertakes the strategic development task of China Baowu carbon based new materials. It is positioned to transform from metallurgical coal chemical industry to new carbon materials and build the industrial chain of new carbon materials such as graphite materials. At present, it has formed a coking oil processing capacity of 1.65 million tons / year.
The company is currently the carbon enterprise with the largest monomer output in the world. According to the data of Baichuan information, the domestic graphite electrode output in 2020 was about 770000 tons, and the company's graphite electrode output was about 170000 tons, with a market share of about 22%. During the "fourteenth five year plan" period, the company will continue to expand the graphite electrode production capacity through mergers and acquisitions, and further improve the popularity of the graphite electrode industry.