Qilu Petrochemical has made significant progress in the accounting and management of its "three wastes" (waste gas, waste water, and solid waste) comprehensive utilization projects. Through continuous and effective communication with local government departments, the company successfully secured tax relief amounting to 39.48 million yuan this year, representing a 32.8% increase compared to the previous year. This achievement highlights the company's commitment to environmental sustainability and resource recycling.
In 2006, Qilu Company submitted 25 projects for review by Shandong Province, Zibo City, and Lincang District. These projects were officially recognized as "three wastes" comprehensive utilization initiatives and received official certifications. The internal accounting profits from these projects reached up to 255 million yuan, demonstrating the project’s strong economic value.
Furthermore, after approval from the State Tax Bureau of Zibo City and Linyi District, the company was granted a total profit of 120 million yuan for its comprehensive utilization projects in 2006. This marked an increase of 29.57 million yuan compared to the previous year. Additionally, the tax-free amount reached 39.48 million yuan, which was 9.75 million yuan higher than the previous year’s figure. These results reflect the growing recognition and support for sustainable development practices within the company and the broader region.
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