Hebei Sinochem Xinbao Chemical Technology Co. , Ltd. (Sinochem Xinbao for Short) is Sinochem International Advanced Materials (Hebei) Co.,Ltd Holding Company. The company was founded in 2013, covers an area of 110 acres, registered capital of 60 million yuan. The company is located in Ci County Coal Chemical Industrial Park (provincial park) , the first phase of the company's oil washing deep processing unit completed in 2015, with 50,000 tons per year oil washing processing capacity, mature technology, advanced technology, high level of automation. The project uses the industrial chain of "coking tar processing fine chemical industry" in the park and the circular economy model of comprehensive utilization of energy power, taking the washing oil produced in the park as raw material, production-methyl naphthalene,-methyl Naphthalene, Quinoline, fluorene, Acenaphthene, fluorene, medium wash oil, carbon black raw material oil and other products.