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In 2006, the company ushered in a key turning point in its development history – it completed the acquisition of 600 acres of land for the production base and completely realized the autonomous operation of the park. This strategic decision not only marks the comprehensive consolidation of the company’s production foundation but also injects strong momentum into its long-term layout in the global food-grade phosphoric acid market.
Since its establishment in 2004, Goway Chemical has quickly emerged in the field of food-grade phosphoric acid based on the profound foundation of Guangxi Liucheng County Chuandong Phosphorus Chemical Co., Ltd. However, with the continuous expansion of business scale and the urgent growth of demand for capacity upgrading, the model of leasing land has gradually become a bottleneck restricting the development of the company. After many rounds of negotiations and careful preparations, the autonomous transformation of land property rights was finally completed.
The successful acquisition of land property rights brings all-around strategic advantages. At the production level, the company was able to re-plan the layout of the park according to the industry’s cutting-edge standards, build new intelligent production lines and standardized storage facilities, and realize the optimization of the entire process from raw material pretreatment to finished product testing. By introducing the world’s leading food-grade phosphoric acid production equipment and cooperating with independently developed process technology, the company’s production efficiency has increased by 30%, and the product quality stability has reached the top level in the industry. At the same time, the company has been able to systematically build a cluster of environmental protection facilities, further consolidate the green development achievements of “zero sewage discharge”, and achieve a double breakthrough in economic and ecological benefits.
“Land autonomy is not only a guarantee of production space, but also an important springboard for corporate strategic upgrading. We will take this opportunity to accelerate the global layout of the trinity of “R&D + production + trade”, strive to achieve an annual production capacity of food-grade phosphoric acid exceeding 300,000 tons within three years, and serve more than 500 customers worldwide.”
This land acquisition event has also attracted widespread attention in the industry, providing a model for chemical companies to solve land constraints. Its model of upgrading the entire industrial chain through property rights autonomy may become a new driving force for promoting high-quality development of the industry.
Looking to the future, we will continue to deepen the advantages of the park’s independent operation, increase R&D investment, strengthen talent reserves, and steadily move towards the goal of “a global benchmark enterprise for food-grade phosphoric acid.”