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This post was last edited by liaifeng on 2018-8-3 at 21:57. Yanchang China Coal Yueneng Chemical’s polyolefin production exceeds 1 million tons, generating profits of over 1 billion yuan. Author/Source: Date: 2017-11-16. Clicks: 2. More good news comes from the production and operations of Yanchang China Coal Yueneng Chemical Company: as of 17:00 on the 14th, it had produced 1.000425 million tons of polyolefin products, with a total of 1.6561 million tons of various chemical products manufactured, thus once again exceeding the mark of 1 million tons in annual production. By the end of October, the company had achieved operating revenue of 9.261 billion yuan and profits of 1.083 billion yuan. On its new journey toward excellence, Yulin Energy Chemical Company is taking more steady steps, with its overall strength continuing to increase. Since the beginning of this year, Yueneng Chemical Company has been fully implementing all the decisions and arrangements set by the group company. Building on the target of producing 1.1 million tons of polyolefins per year assigned by the group, the company has taken proactive steps and imposed additional pressure on itself in order to make its contribution to helping the group company reduce losses and increase profits. As a result, the company has set its annual production and operation targets as the \"three 115s\", one of which is to produce 1.15 million tons of polyolefin products. Adhering to the overall principle of \"making progress while maintaining stability, striving for excellence while maintaining stability, and improving efficiency while maintaining stability,\" it integrates the goal of achieving first-class standards with efforts to catch up and surpass others across the province. By coordinating meticulous management and efforts to meet ISRS Level 5 standards, it vigorously promotes the \"Year of Style Building\" initiative. In particular, since the group company launched special educational campaigns focused on \"upholding party principles, strengthening work style, and taking on responsibilities,\" Yueneng Chemical has carried out a \"120-Day Hard Work\" competition as part of its production and operation activities, continuously optimizing production management; as a result, its main production units and auxiliary systems are all operating in a stable and efficient manner. To date, the methanol complex has maintained an average operating load of 103.5% this year, with continuous operation for 440 days; the total amount of methanol produced using the first synthesis catalyst has exceeded 5 million tons, setting a new record for the best operational performance among similar facilities in China ; The average yields of the DMTO and DCC units increased to over 32.46% and 32.27% respectively; the DMTO unit operated continuously for 438 days, with its yields of ethylene and propylene ranking among the highest among similar units in China ; The specific consumption per unit of output in the four polyolefin production units continues to decline, while their differential production capabilities have improved significantly. To date, the methanol complex has maintained an average operating load of 103.5% this year, with continuous operation for 440 days; the total amount of methanol produced using the first synthesis catalyst has exceeded 5 million tons, setting a new record for the best operational performance among similar facilities in China ; The average yields of the DMTO and DCC units increased to over 32.46% and 32.27% respectively; the DMTO unit operated continuously for 438 days, with its yields of ethylene and propylene ranking among the highest among similar units in China ; The specific consumption per unit of output in the four polyolefin production units continues to decline, while their differential production capabilities have improved significantly. This year, Yueneng Chemical has actively promoted the integration of production and sales, proactively explored the end-market, and enhanced the production of differentiated products with high added value by continuously optimizing its product portfolio. The successful pilot production of the PN049 grade has generated significant economic benefits for Yueneng Chemical. As of the time of publication, the company has successfully switched to producing 12 grades of polyolefin products. Notable achievements include the successful pilot production of the high-quality film material grade J53-10, the participation of the K4912 grade polypropylene in the 2017 Silk Expo and Western China Investment Fair, where it won a silver award for its products; these results have not only enhanced the reputation of the company’s polyolefin products but also improved its competitiveness in the market.
Millions of tons and one billion yuan – these two figures are truly impressive. With coal prices rising throughout this year and costs remaining high, the ability to operate steadily and effectively demonstrates the company’s management skills and execution capability.
It’s an absolutely amazing company – being able to achieve such high profits in the polyolefin sector, considering this year’s market conditions
The promotion is relatively conservative. The estimated minimum net profit is over 3.5 billion.
One’s own coal! Methanol is really expensive!
That’s exactly because we suffered the consequences of not using coal-based methanol!