Inner Mongolia Black Cat plans to build a project to produce 300,000 tons of methanol from coke oven gas, along with 80,000 tons of synthetic ammonia

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Inner Mongolia Black Cat plans to build a project to produce 300,000 tons of methanol from coke oven gas, along with 80,000 tons of synthetic ammonia. Author/Source: Yaha Coal Chemicals. Date: December 10, 2018. Clicks: 51. Recently, Shaanxi Black Cat Coking Co., Ltd. issued a announcement regarding the company’s external investments. Affected by **environmental policies, the locations where coal chemical plant projects can be built are restricted. To meet the strategic development needs of the company, its wholly-owned subsidiary, Inner Mongolia Heimao Coal Chemical Co., Ltd. (referred to as “Inner Mongolia Heimao”), plans to invest 4.944 billion yuan in the Qingshan Industrial Park in Wulat Houqi, Bayannur City, Inner Mongolia Autonomous Region, to build Phase II of the project: a facility for the comprehensive utilization of coke oven gas to produce 300,000 tons of methanol and 80,000 tons of synthetic ammonia per year. This project will make use of 2.6 million tons of coke oven gas generated from coking processes, with a 3,130-ton medium-temperature and medium-pressure circulating fluidized bed boiler provided as part of the infrastructure. The investment in this project is organized and implemented by Inner Mongolia Heimao Coal Chemical Co., Ltd. Company Name: Inner Mongolia Black Cat Coal Chemical Co., Ltd. Company Type: Limited Liability Company Registration Location: Qingshan Industrial Park, Houlaite Banner, Bayannur City Legal Representative: Liu Jidong Registered Capital (Paid-in Capital): 2,387,346,703 yuan Business Scope: Licensed business activities include the production and sales of electricity, gas, coke, LNG, methanol, synthetic ammonia, urea, caprolactam, carbon black, thiamine, and other products derived from coal gas, coal tar, and benzene through advanced processing. General business activities: None (For projects that require approval according to law, business operations can only commence after obtaining approval from the relevant authorities). It is a wholly-owned subsidiary of Inner Mongolia Black Cat Group and is still in the construction phase. Currently, it is working on the project funded through private stock issuance, which involves the production of 100,000 tons of caprolactam per year as well as 400,000 tons of liquefied natural gas per year using coke oven gas. This project involves an investment of 5.524 billion yuan in the Qingshan Industrial Park in Ulaat Khongor Banner, to build a facility capable of producing 300,000 tons of methanol along with 80,000 tons of synthetic ammonia, complementing the existing 2.6 million tons per year metalurgical coke production facility. As of November 30, 2018, Inner Mongolia Black Cat’s total assets amounted to 2,691,636,070.06 yuan, while its net assets were 2,423,235,662.34 yuan. From January to November 2018, the operating revenue was 0.00 yuan, while the net profit was 1,376,730.44 yuan. Inner Mongolia Black Cat is developing a project funded through private fundraising, namely the \"Project to Produce 100,000 tons of caprolactam per year and 400,000 tons of liquefied natural gas per year using coke oven gas.\" This project involves an investment of 5.524 billion yuan in the Qingshan Industrial Park in Wulat Houqi, Bayannur City, Inner Mongolia Autonomous Region, to build a facility capable of producing 300,000 tons of methanol along with 80,000 tons of synthetic ammonia, which will operate in conjunction with an existing metallurgical coke production plant with an annual capacity of 2.6 million tons. To meet the needs of the company’s strategic development, Inner Mongolia Black Cat plans to construct a second-phase project in the Qingshan Industrial Park: a project for the comprehensive utilization of coke oven gas to produce 300,000 tons of methanol and 80,000 tons of synthetic ammonia per year. This project will make use of 2.6 million tons of coke oven gas generated in coking processes, with 3130 tons of medium-temperature and medium-pressure circulating fluidized bed boilers being installed as part of it.