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The Guotai Xinhua coal chemical project in Xinjiang is set to begin trial operations this month. Author/Source: Date: 2017-08-07 Clicks: 22. Recent reports indicate that the first phase of the coal-based fine chemicals project operated by Xinjiang Guotai Xinhua Mining Co., Ltd. is scheduled to start trial operations at the end of August. The total investment for this project amounts to 18.46955 billion yuan, of which 10.583 billion yuan has already been invested. It is reported that the calcium carbide plant has currently completed single-unit and integrated commissioning tests ; The methanol plant is undergoing equipment commissioning ; The individual unit testing for the BDO (butanediol) plant has been completed, and joint testing is currently in progress ; The installation of PTMEG (polytetramethylether glycol) equipment has been completed, and acceptance testing is currently in progress ; Unit 1 of the power station has completed the power transfer process, and commissioning trials are scheduled to begin at the end of August. The first phase of the coal-based fine chemicals project of Xinjiang Guotai Xinhua Mining Co., Ltd. covers an area of 298 hectares, with a total investment of 18.46955 billion yuan; to date, 10.583 billion yuan has been invested in this project. This project primarily uses BDO (1,4-butanediol) and PTMEG (polytetramethylene ether glycol) as key raw materials to produce high-end, sophisticated chemical products with high added value. The main construction projects include: a 200,000-ton/year BDO plant, a 60,000-ton/year PTMEG plant, a 400,000-ton/year calcium carbide plant, a 200,000-ton/year methanol plant, and other facilities. Since the commencement of construction, the project has progressed in an orderly manner, in line with the scheduled milestones. Xinjiang Guotai Xinhua Mining Co., Ltd. is a company established in Xinjiang with joint investment from Shanxi Yangquan Coal Industry (Group) Co., Ltd. and the Comprehensive Development Management Center of the Ministry of Water Resources. The first phase of the Guotai Xinhua Coal-based Fine Chemicals Circular Economy Industrial Park is located in the Zhundong Economic and Technological Development Zone in Xinjiang. It relies on the Wucailawan No. 1 well in the Zhangnansixi mining area of the Zhundong coalfield, which covers an area of 130.24 km2 and has reserves of around 5.3 billion tons. Utilizing these resources, the park produces coal-based clean energy, high-value-added fine chemical products, and new materials, thereby creating an integrated circular economy industrial park for coal, electricity, and chemicals.