China Coal Group starts construction of two coal chemical projects

On May 28, the foundation laying ceremony for the start-up of the 250,000 tons of methanol and 600,000 tons of oil shale oil production project of China Coal Corporation was held in Yilan, Heilongjiang Province. The total investment of the two projects is 1.66 billion yuan, which is responsible for the implementation of China Coal Longing Company, which belongs to China National Coal Corporation.

The 250,000-ton methanol project is included in the old industrial base in northeast China by the National Development and Reform Commission to revitalize and transform the industrial bond project. It is an important requirement for the transformation of city gas by Natural Gas Longing Company in accordance with natural gas in Harbin City, and the strategic transformation from city gas supply to modern coal chemical companies. project. The project will make full use of the local coal resources, adopt low-pressure methanol synthesis technology, optimize the system of existing methanol production facilities, expand the energy transformation, add 340,000 tons of methanol production capacity and 480,000 tons of methanol production capacity in 2008. All consumed city gas replaced.

The 600,000-ton oil shale oil production project is a national special project for comprehensive utilization of energy resources and national debt. It mainly uses coal-associated oil shale as raw material, and uses independent research and development of oil shale retorting technology with intellectual property to refine high-quality shale. Oil, production of high value-added high-quality fuel oil and other products. Completed and put into production in 2008, it can produce 12,000 tons of naphtha and 40,200 tons of light fuel oil each year.

After the above projects are put into production, annual sales revenue of more than 1 billion yuan and profits of more than 300 million yuan can be achieved.

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