The 400,000 tons per year coal-to-ethylene glycol project of Su New Energy and Feng has passed the feasibility study review
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The feasibility study for Su New Energy He Feng’s 400,000 tons per year coal-based ethylene glycol production project was approved. Author/Source: Date: 2019-01-01; Views: 39. On September 20, Xuzhou Mining Group held a meeting in Xuzhou, Jiangsu, to review the feasibility study report for Su New Energy He Feng Co., Ltd.’s 400,000 tons per year coal-based ethylene glycol production project. The deputy general manager of Xuzhou Mining Group, the heads of relevant departments, the leaders of Su New Energy Company, as well as members of the expert group attended the meeting. The meeting heard a presentation of the feasibility study report from the company responsible for its preparation, Donghua Engineering Technology Co., Ltd. After thorough discussion, the experts present concluded that the coal-to-ethylene glycol project proposed by Su New Energy and Feng Co., Ltd. features mature and reliable process technologies; its location is close to raw material sources and offers good transportation facilities, thus meeting the requirements for construction. The product has broad market prospects and good economic benefits, which is in line with the long-term interests of Xuzhou Mining Group. The Feasibility Study Report meets the relevant requirements for such reports; it proposes advanced process and technical solutions from both domestic and international sources, offering comprehensive cost advantages and strong competitiveness. Suggestions were made to refine the market and competitiveness analysis of the project, as well as the environmental protection measures.
The raw materials are nearby, but the product distribution network is far away; the products have to be transported from He Feng to Xi’an over a distance of nearly 3,000 kilometers, resulting in a tonnage cost that is 100–200 yuan higher.
Shaanxi Jianyue also has ethylene glycol; why would Shaanxi need to go elsewhere to get it? It’s much better to sell it locally
““It would be great to sell nearby”... How close does ‘nearby’ mean? Do we have to sell in Kazakhstan? The distribution market for chemical raw materials in the central and western regions is located in Xi’an.