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China Coatings Online News
October 28 news, Zhongtian Joint Venture coal deep processing demonstration project to open up all processes, the output of qualified polyethylene, polypropylene, marking the largest domestic scale, technology-leading coal olefin project put into production.After 6 years of preliminary preparation and 3 years of construction, Zhongtian Joint Venture Coal Deep Processing Demonstration Project produced qualified methanol on September 24, 2016, and after a month of commissioning and operation, on October 26 produced qualified polyethylene, polypropylene, to achieve smooth production.The total investment of the Ordos coal chemical project is about 60 billion yuan, and the main construction includes projects with an annual output of 25 million tons of coal mine (including coal-picking plant), 3.6 million tons of methanol plant and 1.37 million tons of olefins and their supporting thermoelectrtures, water pipelines and self-contained railway lines. The project uses S-MTO technology developed in cooperation with Sinopec Refining Engineering and China Petrochemical Co., Ltd. In 2013, the National Development and Reform Commission agreed to carry out preliminary work on 1.4 million tons of coal-based olefins. After the project reached the post-parto period, can produce 670,000 tons of polyethylene, 700,000 tons of polypropylene, is expected to achieve an annual output value of 12 billion yuan, profits of 2 billion yuan, tax revenue of 1.6 billion yuan, driving 5,000 people into employment.Sino-Tiancheng Ordos Coal Chemical Project is a joint venture between China Coal Energy Co., Ltd., China Petrochemical Co., Ltd., Shenn energy Co., Ltd. and Inner Mongolia Manchu Coal Group Co., Ltd. The equity ratio is: 38.75 percent of China Coal Energy, 38.75 percent of Sinopec, 12.5 percent of Shanghai Shenn energy and 10 percent of Manchu Coal of Inner Mongolia.
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