Xu Mining specifies 400,000 tons of coal-based ethylene glycol production and seeks cooperation with Zhongtai Tianye

Thread Content

Xu Mining has identified a 400,000-ton coal-to-ethylene glycol project as its development direction; it is seeking cooperation with Zhongtai Tianye / Source: Chemical Industry Network, Coal Chemicals Section, Date: 2018-04-20, Clicks: 14. According to recent reports from the State-owned Assets Supervision and Administration Commission of Jiangsu Province, Xu Mining Group’s Su New Energy Company has decided on this 400,000-ton coal-to-ethylene glycol project as its future focus. The project has already passed expert evaluation, and preliminary work is underway; discussions for cooperation are also in progress with large state-owned enterprises such as Xinjiang Zhongtai and Xinjiang Tianye. Since the second half of 2017, when Su New Energy Company was placed under the management of Xuzhou Mining Group, the group has paid close attention to the company’s future development. It accelerated market research, conducted comprehensive analyses of the coal chemical industry, and decided that the production of ethylene glycol from coal should be the direction for development. Multiple meetings were held for specialized discussions; after seeking the opinions of design institutes and conducting in-depth investigations of similar enterprises, a \"Research Report on the Coal-to-Ethylene Glycol Project\" was prepared, which has now passed expert review. At the same time, Su New Energy Company is also actively seeking strategic partners. With the active support from regions such as Tacheng in Xinjiang, it has held negotiation meetings with large state-owned enterprises like Xinjiang Zhongtai and Xinjiang Tianye, striving to foster cooperation between these enterprises, promote complementary development within the industry, and achieve mutual benefit. On March 22, Li Liangfu, deputy general manager of Zhongtai Group, led a team to Tacheng Region to gain a detailed understanding of the infrastructure development in the Hefeng Industrial Park, as well as efforts to attract investment and the availability of supporting mineral and power resources. Zhang Kaiyu, chairman of Su New Energy, stated that the 400,000-ton coal-to-ethylene glycol project complements the 1.2 million-ton PTA project and the 4 million-ton integrated oil-coal processing project carried out by Zhongtai Group, enabling synergistic development between these projects. Moreover, the area where the 400,000-ton coal-to-ethylene glycol project is located is rich in coal, salt, and limestone resources, making it an excellent choice for Zhongtai Group’s future industrial development. The Su New Energy coal-to-gas project is a strategic cooperation project for clean energy between Jiangsu and Xinjiang provinces, and it is the first among several coal-to-gas projects for which preliminary work was approved during that period to receive official approval. On October 21, 2016, the National Development and Reform Commission issued the “Reply on the Approval of the Demonstration Project for Producing 4 billion standard cubic meters of coal-derived natural gas per year by Jiangsu New Energy and Feng Co., Ltd.” (Document No. FGNY [2016] 2280), approving the commencement of construction for this project. On April 29, 2016, the **Ministry of Environmental Protection approved the Environmental Impact Assessment Report for Su New Energy and Feng Co., Ltd.’s project to produce 4 billion standard cubic meters per year of coal-based natural gas**. The project is primarily tasked with carrying out demonstration projects for the industrial application of self-developed methanation catalysts and process technologies.