Nov 16,2024

Laos Prime Minister SonexaySiphandone attended the ribbon-cutting ceremony in person. Several multi-mining projects at the Asia-Potash Industrial Park have accelerated significantly.

Prime Minister SonexaySiphandone cuts the ribbon for Asia-Potash Smart Industrial Park’s Phase I projects 

On November 16, Prime Minister SonexaySiphandone attended the commissioning ceremony of Phase I projects at Asia-Potash International’s Smart Industrial Park in Khammouan Province, Laos, cutting the ribbon to mark the launch of new enterprise projects. 

Completed and Operational Projects 

Phase I of the Intelligent Remanufacturing Project: 

By applying core technologies such as additive manufacturing (3D printing), significantly reduce spare parts costs, ensure efficient, reliable, and low-cost operation of potash production equipment, and address shortcomings in Laos' mechanical manufacturing industrial chain. 

Phase I of the Bromine Deep Processing Project (36,000 tons): 

Extend and enhance the bromine chemical industry chain, establishing a global base for bromine-based new materials. 

 Projects Under Construction 

Bromine Expansion from 36,000 to 50,000 Tons: 

Support future potash production capacity of 5 million tons, strengthen comprehensive utilization of tailings resources, and create additional profit growth points. 

Chlor-Alkali Expansion from 30,000 to 100,000 Tons: 

Align with the scale of the industrial park's supply chain, achieve comprehensive utilization of waste salt, and generate direct economic returns. 

Annual 600,000-Ton Calcined Soda Project: 

Directly produce calcined soda, providing low-cost raw materials for potash tailings treatment and achieving cost reduction and efficiency improvement.

Asia-Potashhas upgraded from single mineral extraction to integrated resource development and industrialization — driven by investment promotion and joint development. Potash and multi-mining  industries now reinforce each other: the newly commissioned intelligent remanufacturing project and the under-construction 600,000-ton calcined soda project deliver timely, high-quality, low-cost components and raw materials for potash production and the park — directly cutting costs and boosting efficiency. As bromine, salt, and high-tech value chains expand and accelerate, resource utilization rises, potash production costs fall, and profitability and competitiveness grow. Meanwhile, Asia-Potash’s expanding potash capacity and stable output — backed by a resilient upstream-downstream supply chain — are unlocking new growth opportunities for multi-mining  sectors like bromine chemistry. 

Commissioning and groundbreaking ceremony 

The event drew high-level attendance from the Lao government and industry. Prime Minister Sonexay Siphandone, former Deputy Prime Minister Thongsing Thammavong, Khammouan Governor Wanthisa Phongsavan, Minister of the Prime Minister’s Office PokhongNammavong, and Industry and Handicrafts Minister MalaithongKommasith were among over 70 senior officials present. More than 30 partner organizations also sent representatives. Asia-PotashVice Presidents Zheng Youye and Liu Yonggang attended — marking a milestone in Laos’ industrial development and the park’s industrial evolution. 

Zheng Youye, Vice President of Asia-Potash

 In his speech, Zheng Youye thanked the Lao government for its sustained support and guidance. He emphasized that Asia-Potash is expanding beyond potash — building industrial clusters through investment promotion and joint development to boost resource utilization and product value. The commissioning and launch of multiple projects signal rapid progress in implementing bromine, salt, and high-tech integrated value chains. Going forward, the company will strengthen its potash foundation, use industrial parks as platforms, and leverage its advantages in resources, scale, cost, and location to advance comprehensive resource development. It will refine the industrial chain, extend the value chain, drive cross-sector synergy, and deepen cluster-based growth — contributing to Laos’ socioeconomic development and Sino-Laos friendship.

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Minister of Industry and Handicrafts, MalaithongKommasithth

Minister MalaithongKommasith congratulated Asia-Potashon its outstanding achievements and outlined the Lao government’s policies to accelerate industrial investment and park development. He called today’s commissioning and expansion ceremony a milestone for Laos’ industrial progress. Potash production and associated mineral processing will deliver higher-quality, market-ready products — boosting exports, narrowing the trade deficit, and supporting broader economic recovery. The event reflects both Asia-Potash’s growth and Laos’ advancing industrial capacity, with profound significance for national socioeconomic development and enhanced global recognition of Laos. 

“I welcome Asia-Potash’s commitment to building a smart industrial park. The Lao government fully supports this initiative. The Ministry of Industry and Handicrafts, together with relevant agencies, has finalized targeted policies for industrial and special economic zones — to be issued this year. These measures will strengthen the Asia-Potash Industrial Park’s competitiveness and accelerate returns on its investment in Laos.” 

Khammouan Province Governor, Vanxay Phongsavanh 

Governor Vanxay Phongsavanh hailedAsia-Potashas a model for provincial mining development. The Asia-Potash Industrial Park is a flagship provincial and national project — delivering major contributions to Laos’ and Khammouan’s socioeconomic progress. As investment promotion advances, park-based industrial projects are scaling steadily, driving local economic growth and job creation. The timely execution of production plans and successful rollout of multiple projects demonstrate the company’s pragmatic approach and proven ability to industrialize at scale. Asia-Potash has trained a large cohort of skilled professionals for Laos, raised incomes across surrounding communities, and measurably improved residents’ quality of life — delivering real benefits to Khammouan people. 

"I am confident that the company’s determination, experience, expertise, financial capacity, and growth potential will ensure goal achievement. I call on all relevant agencies — from central ministries to district, village, and community levels — to sustain strong support, coordination, and facilitation, enabling smooth plan implementation and high-quality, efficient production outcomes." 

Government officials and corporate guests then toured the five newly commissioned or expanded industrial projects, learning firsthand about their production processes, product quality, market applications, and job creation impact. Prime Minister SonexaySiphandone affirmed that park policies will be expedited for rapid implementation to fully support the Asia-Potash Industrial Park’s development. 

The commissioning and launch of this multi-mining  industrial project mark another concrete milestone in Asia-Potash International’s resource-driven, integrated development strategy. The company will continue advancing its “resources, scale, innovation” strategy — focusing on potash, associated minerals, coal, and bauxite — by attracting high-quality partners and raising resource utilization efficiency to generate sustainable incremental value.