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Chempricehub Reminder: Environmental Impact Assessment Announcement for Hongye Chemical's Hydrofluoric Acid Project
Published on 2026-02-09
February 9th News: On February 6th, Jiangxi Hongye Chemical Co., Ltd. conducted the first public participation announcement for the environmental impact assessment of its 40kt/a electronic-grade hydrofluoric acid project. Chempricehub analysis of fluorite, long-short rating: 1. This project involves the production of electronic-grade hydrofluoric acid, with fluorite as the main raw material. The anticipated increase in demand supports a rise in spot prices. The project is currently in the environmental assessment stage, with limited short-term impact, but the long-term demand growth trend is favorable for the market. Hydrofluoric acid, long-short rating: -1. The project plans to add 40kt/a of electronic-grade hydrofluoric acid capacity, and the long-term increase in supply may exert downward pressure on spot prices. Although demand for electronic-grade products is relatively high, the project is still in the early stages of environmental assessment, with a neutral short-term impact, but overall leaning bearish.