On February 18, Hubei Xiangyun (Group) Chemical held a signing ceremony for its 1 200 kt/a new-type compound fertilizer project in Cao County, Shandong Province. Covering an area of around 513mu, the project is located in the chemical park in the northern parts of Cao County in Heze City of Shandong Province, with a total investment of RMB500 million. The project will be built in two phases and completed in three years, specializing in the production of high-tower compound fertilizer, drum compound fertilizer, organic-inorganic compound fertilizer, BB fertilizer and other products.