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The investment in the completion and improvement works for the first-phase project of Shaanxi Yanchang China Coal Yulin Energy Chemical Co., Ltd. has reached 2.71 billion yuan. Author/Source: Huahua Net Coal Chemicals; Date: July 4, 2019; Clicks: 41. As of the end of June, 2.71 billion yuan had been invested in these completion and improvement works (the Yanchang Jingbian Phase II project); 645 million yuan was invested in June alone, and the construction of various facilities is progressing steadily. The main substation was ready to receive power as scheduled on June 30, providing a solid foundation for the smooth progress of the entire project as well as for the installation and commissioning of equipment. It is reported that the 2# main substation project consists of 5 individual buildings, namely the control building, the 35KV distribution room, the 35KV capacitor room, the 35KV arc suppression coil room, and the 110KV distribution room. Construction on the project began on September 12, 2018; after 3 months of intensive work, the topping out of the 5 individual buildings was completed ahead of schedule on December 13, 2018 ； On March 4 this year, the project officially entered the phase of electrical equipment installation. The \"three inspections and four determinations\" were successfully completed on June 25, and the site was ready to receive power on June 30. Good news continues to flow in regarding the increased production at China Coal Yulin Energy & Chemical Company. It is reported that in June, various production units set multiple records, making significant progress toward achieving their production targets. Production data: In June, 106,900 tons of polyolefins were produced, with an average daily output of 3,563 tons – exceeding for the first time the designed target of 3,560 tons per day, thereby enabling the project to reach its full production capacity. In June, olefin production reached 107,600 tons, with an average daily output of 3,587 tons, setting a new record for the highest average daily production for that month. In June, the DMTO unit produced 61,063 tons of olefins, setting a new record for monthly production; the average yield rate was 34.01%, achieving full operational capacity and performance targets. In June, the DCC unit processed 139,000 tons of No. 1 residue, with an average daily processing volume of 4,633 tons, setting a new historical record. In June, the methanol complex produced 179,400 tons of MTO-grade methanol, with an average daily production of 5,979 tons, also setting a new record high. 06 As of the end of June, the company had produced a total of 584,000 tons of polyolefin products, thus achieving more than half of the annual target. The first-phase project of Shaanxi Yanchang China Coal Yulin Energy Chemical Co., Ltd. covers an area of 7 square kilometers, with an actual investment of 27.02 billion yuan. It includes 8 main production units, capable of producing 1.8 million tons per year of methanol, 600,000 tons per year of methanol-to-olefins (DMTO), 1.5 million tons per year of residue catalytic thermal cracking (DCC), 1.2 million tons per year of polyolefins, and 90,000 tons per year of MTBE. The project achieved a successful trial run in July 2014, completed the entire process, and produced qualified products ； It officially entered the production and operation phase in August 2015. The successful implementation of the first-phase project for the comprehensive utilization of coal, oil, and gas resources in the Jingbian Petrochemical Park has given Yanchang Petroleum Group great confidence and motivation to further expand into the coal chemical industry and adjust the structure of its coal, oil, and gas-related operations. This has led the group to decide to invest an additional 14 billion yuan during the 13th Five-Year Plan period to complete and improve the first-phase project for the comprehensive utilization of coal, oil, and gas resources in Jingbian.