Zhongtai Chemical will build 1 million tons of methanol and supporting equipment

On October 17, Zhongtai Chemical issued an announcement
on the preliminary work of Xinjiang Zhongtai New Materials Co.
, Ltd.
to carry out the preliminary work of the methanol upgrading demonstration project of comprehensive utilization of resources.

In order to promote the comprehensive utilization of existing coal chemical industry resources, further improve the level of coal grading and utilization, upgrade the value chain and extend the industrial chain, Xinjiang Zhongtai New Materials Co.
, Ltd.
, a holding subsidiary, plans to build a demonstration project
for methanol upgrading by comprehensive utilization of resources in Tongxin Industrial Park, Arehui Town, Toxun County, Turpan City.

The Zhongtai New Materials Resource Comprehensive Utilization Methanol Upgrading Demonstration Project was approved by the Development and Reform Commission of the autonomous region in August 2022, and is currently promoting the handling of relevant procedures such as project environmental assessment, energy assessment and safety assessment, and carrying out preliminary preparations such as project design, technical exchange and bidding of long-term equipment and main key equipment
.