Signing of cooperation agreement for the comprehensive utilization project of deep processing and multi-product production of coal tar in Shaanxi Jingyi Chemical Industry

Thread Content

Signing Ceremony for Shaanxi Jingyi Chemical’s Project on Advanced Processing of Coal Tar for Multiple Product Production and Comprehensive Utilization / Author/Source: Huahua Network – Coal Chemicals. Date: August 26, 2018. Clicks: 27. On August 21, the signing ceremony for Shaanxi Jingyi Chemical Co., Ltd.’s project aimed at advanced processing of coal tar at a capacity of 500,000 tons per year for multiple product production and comprehensive utilization was held in the Jinjie Industrial Park in Shenmu City. Meanwhile, the company’s first shareholders’ meeting and first board of directors meeting in 2018 were also held. Shaanxi Yulin Energy Group Co., Ltd., Shaanxi Hengyuan Investment Group Co., Ltd. and Shenmu Financial Holding Group Co., Ltd. signed an investment cooperation agreement. At the ceremony, Hu Shaohua, Executive Deputy General Manager of Shaanxi Yulin Energy Group Co., Ltd., Sun Zhizhong, Chairman of Shaanxi Hengyuan Investment Group Co., Ltd., and Han Hongfeng, Deputy General Manager of Shenmu City Financial Holding Group Co., Ltd., signed the \"Investment Cooperation Agreement for Shaanxi Jingyi Chemical Co., Ltd.\" on behalf of the three parties respectively. Adhering to the principles of \"complementary resources, coordinated development, and mutual benefit,\" the three parties have embarked on cooperation regarding Shaanxi Jingyi Chemical Co., Ltd.’s 500,000 tons per year coal tar deep processing and multi-product integrated utilization project, as well as its subsequent development and construction. Song Yuqi, Executive Director and General Manager of Shaanxi Yulin Energy Group Co., Ltd.; Hu Shaohua, Executive Deputy General Manager; Yang Yonghua, Secretary of the Discipline Inspection Commission; Huang Ye, Deputy Chief Engineer; Sun Zhizhong, Chairman of Shaanxi Hengyuan Investment Group Co., Ltd.; Wang Shengyong, Secretary of the Party Committee and Chairperson of the Supervisory Board; Xue Hailong, Assistant to the General Manager; Han Hongfeng, Deputy General Manager of Shenmu City Financial Holding Group Co., Ltd.; and Zheng Haifeng, Executive Director and General Manager of Shenmu City Investment Guidance Fund Co., Ltd., attended the signing ceremony. The coal tar deep processing and multi-product integrated utilization project of Shaanxi Jingyi Chemical Co., Ltd. is located in the Jinjie Industrial Park in Shenmu City, covering an area of about 1,200 mu with a total investment of 4.6 billion yuan. It is a new chemical industry project invested and constructed by Shaanxi Hengyuan Investment Group Co., Ltd. The projects mainly include: a 550,000-ton/year coal tar pretreatment unit, a 500,000-ton/year coal tar fluidized-bed hydrocracking unit, a 450,000-ton/year coal tar fixed-bed hydrocracking unit, a 400,000-ton/year naphtha continuous reforming unit, a 170,000-ton/year aromatic extraction unit, a 50,000 cubic meters per hour coal-to-hydrogen unit, a 50,000 cubic meters per hour air separation unit, a 100,000-ton/year methanol synthesis unit, as well as related supporting facilities such as hydrogen purification (PSA) units, sulfur recovery units, phenol-amine recovery units, storage and transportation systems, and other auxiliary and environmental protection systems.