Yidu Xingfa Chemical is investing 5.5 billion yuan to build a new coal-to-methanol plant with an annual production capacity of 1.05 million tons

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Recently, the Environmental Impact Assessment Report (draft for comments) for Yidu Xingfa Chemical Co., Ltd.’s 1.05 million tons per year methanol new material project was made public. Project Name: Yidu Xingfa Chemical Co., Ltd. 1.05 million tons/year Methanol New Material Project
Nature of Construction: New construction
Location: Yidu Chemical Industry Park, Zhicheng Town, Yidu City
Constructor: Yidu Xingfa Chemical Co., Ltd.
Construction Content: Construction of a 1.05 million tons/year coal-to-methanol plant, including raw material storage and transportation facilities, coal slurry preparation units, air separation units, gasification units, shift conversion units, ammonia recovery units, refrigeration units, low-temperature methanol washing units, sulfur recovery units, and methanol synthesis units; simultaneous construction of the necessary utility systems and auxiliary facilities. Annual operating hours: 8,000 hours. Total project investment: The total investment, including working capital, amounts to 5,492.68 million yuan. Project details and construction scope: The project involves the construction of a coal-to-methanol plant with an annual production capacity of 1.05 million tons, as well as various auxiliary facilities such as those for water supply and drainage, power supply, heating, air compression, refrigeration, maintenance, and storage and transportation. Environmental protection measures include waste gas treatment systems, wastewater treatment facilities, temporary storage areas for solid waste, and systems to prevent noise pollution. Additionally, there are measures to address environmental risks, such as emergency pools for accidents, ponds for collecting initial rainwater, and systems to ensure proper waterproofing. After the project is completed, it will produce 1.05 million tons of methanol per year. Yidu Xingfa Chemical Co., Ltd. (abbreviated as Yidu Xingfa) is a wholly-owned subsidiary of Hubei Xingfa Chemical Group Co., Ltd. (abbreviated as Xingfa Group). The company was established on February 24, 2009. It is a limited liability company with a registered capital of 3.3765 billion yuan. Its address is No. 66, Xingyi Avenue, Zhicheng Town, Yidu City. Yidu Xingfa Chemical Co., Ltd. focuses on developing its business downstream by utilizing its own medium- and low-grade phosphate mines; to date, the company has invested over 5 billion yuan in total. The main production facilities currently in use at Yidu Xingfa Chemical Co., Ltd. include mineral processing units, sulfur-based sulfuric acid production units, wet phosphoric acid production units, wet phosphoric acid purification units, monoammonium phosphate production units, diammonium phosphate production units, ordinary calcium carbonate production units, liquid sulfur trioxide production units, and ammonia synthesis units. In addition, the company has also built supporting facilities such as docks, slag storage areas, tailings ponds, and warehousing areas.