Huilong Stock replied that: The company’s L-menthol project product under construction can be used for e-cigarettes, with a planned production capacity of 3,000 tons per year. The project is currently under steady progress.
It is reported that in 2019, when Huilong Stock issued shares to acquire Haihua Technology, it raised supporting funds to invest in the construction of a project with an annual output of 1,000 tons of thymol and 3,000 tons of synthetic L-menthol.
And m-cresol is an important raw material for the production of thymol and menthol. With the construction of the company’s new thymol and L-menthol projects, subsequent m-cresol will be used in large quantities as raw materials for self-built downstream processes.
“Thymol has a wide range of uses, and its downstream product L-menthol has a higher technical threshold. At present, no company in the country can produce this product. After our L-menthol comes out, it should be the third in the world. I believe Haihua Technology future profitability will be very strong.” Liu Guihua, chairman of Huilong Stock, is full of confidence.