Amazing! Xinjiang Zhundong to build world’s largest 6 million tons/year coal-based methanol project

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On April 18, 2024, the expert review meeting for the \"Feasibility Study Report on Xinjiang Qiya New Materials Co., Ltd.’s 6 million tons per year coal-based methanol project\" was officially held. It is reported that by leveraging the coal resource advantages of the Junggar region, the methanol products produced using clean coal technology help to facilitate the local conversion of Xinjiang’s valuable coal resources. It is understood that Xinjiang Qiya Chemical Co., Ltd. is a wholly-owned subsidiary established by Qiya Group in June 2022 to develop the coal chemical industry sector, with a registered capital of 5 billion yuan. Itsya Group is a large enterprise group that covers five major industrial sectors: aluminum-based, silicon-based, new energy, coal chemical industry, and mining. During the 14th and 15th Five-Year Plans, taking advantage of the abundant coal resources in the Zhundong region of Xinjiang, the group plans to build projects for producing 6 billion cubic meters of coal-to-natural gas per year, 600,000 tons of synthetic ammonia per year, 5 million tons of methanol per year, as well as new materials derived from methanol, in order to strengthen and expand the coal chemical industry sector.