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Recently, good news came from the Shenhua project in Baotou, Inner Mongolia, which is being constructed by the Fourth Branch of China Chemical Engineering 16th Construction Co., Ltd.: the first synthesis reactor was successfully hoisted into place, marking the official start of the installation phase and laying a solid foundation for the further progress of the project. The Shenhua Baotou Coal-to-Olefins Upgrade Demonstration Project is an upgrade and demonstration initiative carried out by Guoneng Baotou Coal Chemical Co., Ltd., based on the world’s first coal-to-olefins demonstration plant that has been in operation for many years. It is included among the major projects scheduled for implementation during the 13th Five-Year Plan period, as outlined in the \"Plan for the Innovative Development of the Modern Coal Chemical Industry\" issued by the National Development and Reform Commission and the Ministry of Industry and Information Technology. The total investment planned for this upgraded demonstration project for coal-based olefins (Phase II) is 17.15 billion yuan. The project’s capacity will be 2 million tons of methanol and 750,000 tons of polyolefins per year. By being planned in conjunction with the development of new energy sources, it aims to achieve deep integration between coal chemical processing and green electricity, green hydrogen, and green oxygen. This project is also a typical upgrade demonstration project selected as part of the \"1-million-ton-scale domestic production line for coal-to-olefins across the entire process.\" It utilizes a pulverized coal gasifier developed jointly by Collin Energy and China Shenhua Coal-to-Oil Chemical Co., with a daily coal feeding capacity of 2,000 tons per furnace. This technology not only possesses complete independent intellectual property rights but also sets a new example for collaborative innovation within the industrial chain. Furthermore, the project conducted experiments for the co-combustion of coal chemical wastewater using the powder coal gasification process for the first time, which holds pioneering significance for the advanced, diversified, and low-carbon development of modern coal chemistry.