Daqing Zhonglan received a comprehensive resources utilization certificate from the Daqing development and reform committee on Jan 9, 2014, after passing the committee’s field inspection of its production of catalytic dry and acid gas, ethylbenzene, hydrogen and sulfur.
The certificate will allow the company to enjoy favorable tax deductions and exemption policies. The company is expected to save 12 million yuan ($1.93 million) in taxes thanks to the certificate.