the changsha institute recently got a special fund of 115,000 yuan ($18,525) from the government for outsourcing its services in 2013, according to the local bureau of commerce and the bureau of finance.
some large domestic companies in resource development have made inroads into the overseas market in recent years, and the changsha institute has grasped opportunities by making full use of its technical advantages in potassium development and utilization. it has expanded its business abroad and signed engineering design and consulting deals with many big companies, such as china international water & electricity corp (cwe), evergreen holding and kaiyuan corp. these deals include cwe’s 120,000-ton-per-year potash fertilizer project in laos and 1.2-million-ton-per-year potash fertilizer project in the congo, and kaiyuan’s 2.5-million-ton-per-year potash fertilizer project in laos.
the feasibility study reports for cwe’s 120,000-ton-per-year potash fertilizer project in laos and 1.2-million-ton-per-year potash fertilizer project in the congo also won the first place prize in china’s excellent engineering consultation awards in 2013 and the second place prize in the excellent chemical engineering consultation awards, respectively.
the overseas success has not only upgraded the institute’s image in potassium resource development and utilization and increased its influence over markets abroad, but has also helped it get the special government fund.