Anhui signs project to produce hydrogen and 400,000 tons of ethylene glycol worth 8.6 billion yuan

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Anhui’s 8.6-billion-yuan project for hydrogen production along with 400,000 tons of ethylene glycol production signed – Author/Source: Huahua Network, Coal Chemicals; Date: 2018-06-27; Clicks: 2. On June 15, Shenwu Group and Ma’anshan City in Anhui Province signed a strategic cooperation framework agreement in Ma’anshan, reaching agreements on areas such as hydrogen production for new energy vehicles, industrial parks focused on sustainable development, and clean smelting projects. Gong Yuzhi, deputy director of the Ma’anshan Development Zone, and Dr. Wu Daohong, chairman of the group’s board of directors, signed the framework agreement for Shenwu Group’s project in Ma’anshan on behalf of both parties. The hydrogen production facility intended to support new energy vehicles will be located in the Ma’anshan Economic Development Zone; the planned investment amounts to around 8.6 billion yuan. This facility will be capable of producing 70,000 tons per year of high-purity hydrogen, as well as 400,000 tons per year of ethylene glycol, thereby providing hydrogen fuel for new energy vehicles in the Ma’anshan Economic Development Zone. It will also serve as a base for the production of high-end polyester materials used in new energy vehicles. The project is scheduled to begin construction in 2019; it will generate an industrial output value of 4 billion yuan per year, yield tax revenues of 820 million yuan, create 1,000 new jobs, and drive the industrial output value of related as well as upstream and downstream industries to exceed 1.6 billion yuan. Additionally, among the three cooperative projects presented this time, the Venous Industrial Park project is a highlight. According to the project plans, it is intended to be developed into an industrial park for the coordinated treatment of urban and rural organic solid waste within 3 to 5 years. The Venous Industrial Park will be able to process 300 tons of tires, 500 tons of biomass straw, 300 tons of household waste, and 300 tons of water treatment sludge per day, generating approximately 100 million kWh of electricity from renewable sources each year. The project leader stated that the total investment in this project amounts to 2 billion yuan. The production facilities will be planned in one go, with implementation carried out in phases; this project is expected to generate an industrial output value of over 600 million yuan, yield tax revenues of 83 million yuan, create 260 new jobs, and also drive the industrial output value of related industries as well as those in the upstream and downstream sectors to exceed 300 million yuan ； The first phase of the project is planned to cover an area of 60 mu, with an investment of 200 million yuan to process 300 tons of used tires per day, generating an industrial output value of 200 million yuan and resulting in tax revenues of 45 million yuan. The clean smelting project will collaborate with companies such as MaSteel to use regenerative bottom-fed furnace technology for the clean processing of medium- and low-grade ferrous and non-ferrous metal ores as well as metallurgical waste, thereby achieving circular and comprehensive utilization of mineral resources and turning waste into valuable resources ； At the same time, the low-carbon and clean smelting process using hydrogen vertical furnaces will be employed, with hydrogen replacing coke and coking coal to produce directly reduced iron. This approach enables energy-saving, low-carbon, and green manufacturing through a streamlined steelmaking process, while also creating the conditions for the large-scale use of scrap steel in the production of high-quality steel in the future. It is reported that the total investment in this project will amount to 3.07 billion yuan, generating industrial output worth 2.64 billion yuan, tax revenues of 240 million yuan, and creating 640 new jobs. It will also drive the industrial output of related industries as well as those in the upstream and downstream sectors to exceed 3 billion yuan.