Zaozhuang Jfe Chemical Co. , Ltd. is a joint venture of Shandong Weijiao Holding Group Co. , Ltd. , JFE Chemical Joint-stock Company Co. , Ltd. and JFE Chemical Co. , Ltd. , the registered capital is 195 million yuan and covers an area of 370 mu. It is located in Zouwu Coal Chemical Industrial Park, Xuecheng District, Shandong Province. Using the advanced management of Weijiao Group, the technology of JFE  and the mature experience of Shandong Jiafuyi, the company invested 585 million yuan in advance, and planned and built 500,000 tons per year coal tar distillation project and 40,000 tons per year phthalic anhydride project. Construction of the 500,000 T / A coal tar distillation project started on October 17,2013 and was successfully completed and put into operation on November 18,2014. The project takes full advantage of the abundant coal tar resources in southwest Shandong and the resources such as gas, steam and coal tar of Xuecheng Energy. It adopts the world's technology and scientific management methods to make comprehensive use of coal resources, industrial chain continues to extend, creating higher value-added products as the starting point for coal tar deep processing. The company is mainly engaged in the production of carbon black oil, modified asphalt, industrial naphthalene, light oil, phenol oil, crude phenol, phthalic anhydride, lithium battery anode and other coal chemical products. Carbon black oil is widely used in the manufacture of carbon black as a reinforcing material for increasing wear resistance in tyres and rubber products, and modified asphalt is used in the manufacture of adhesive asphalt with aluminum electrodes, which is exported by JFE to new aluminum plants all over the world Industrial Naphthalene is widely used in water reducing agent, refined Naphthalene, dyestuff and plasticizer, and has good application effect Crude phenol is widely used in phenolic resin, fire retardant, semiconductor sealant, insulating paint and so on. Phthalic Anhydride is an important plasticizer, and also the raw material for the synthesis of Benzoic acid and terephthalic acid, which can be used in pharmaceutical synthesis The anode material of lithium battery is carbon and resin composite material with high filling density, high conductivity and high heat transfer. Among them, carbon black oil, industrial naphthalene for the company's two leading products, the company's product sales all over the world and at home and abroad. In order to further extend the industrial chain and enhance the market competitiveness of enterprises, the company invested 385 million yuan and started construction of a 40,000-ton / year project to produce phthalic anhydride from naphthalene on November 18,2014. In this project, high purity phthalic anhydride was produced by using fixed-bed oxidation process with naphthalene as the main raw material, and the by-product steam was recycled and used to drive the unit. The construction of this project not only makes full use of Xuecheng's energy and surrounding resources, but also provides a lot of opportunities for Labor and Employment, relieving the pressure of social employment and playing a positive role in building a harmonious society. Next, the company will also build a 50,000-ton-per-year project to produce phthalic anhydride from Naphthalene, which is scheduled to start construction at the end of 2017 and reach production efficiency at the beginning of 2018, by which time it will become a new economic growth point for the company and will further promote the distribution of high-tech industries, push the whole park to develop in depth. In order to promote the development of circular economy in Xuecheng Industrial Park, promote industrial upgrading, and speed up the transformation and leap-forward development of enterprises, the company will continue to build a crude phenol deep processing project, which uses the crude phenol produced by the company as the main raw material, production of phenol, O-cresol, M-cresol, xylenol and other high-quality products, and further enhance the added value of products, we have the confidence and ability to build Xuecheng new area into the industrial structure, economic strength, eco-environmental beauty of coal chemical industry circular economy demonstration base.