With a total investment of 340 billion yuan, Shaanxi will launch or continue construction on 38 projects this year

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With a total investment of 340 billion yuan, Shaanxi will start or continue 38 projects this year. Author/Source: China Chemical Industry News. Date: February 13, 2019. Clicks: 28. The second session of the 13th Shaanxi Provincial People’s Congress concluded on the eve of the Spring Festival. The \"Report on Shaanxi’s National Economic and Social Development Plan for 2019\" adopted by the conference indicated that the province would undertake 584 key construction projects in 2019, with an annual investment of 491.9 billion yuan. These include 38 projects in the oil and chemical industry that are being continued or newly launched, with a total investment of 340.01 billion yuan; 77.46 billion yuan will be invested this year. According to statistics, there are 20 ongoing projects and 18 new projects under construction in the chemical-related sector. The projects under continuation include the extension of oil and gas surface collection and transmission systems as well as main pipeline projects, the recycling of associated gas resources, the comprehensive utilization project for gas in Fuping by Shaanxi Gas Group, the 1.5 million-ton methanol production project (Phase II) by Changqing Energy Chemicals, and the demonstration project for the integrated circular utilization of low-grade coal with an annual capacity of 5 million tons by Yan’an Energy and Chemical Industry Group. The new projects that have started include oil and gas exploration and development by CNPC Changqing, oil and gas exploration and development by Yanchang Petroleum, methanol-to-olefins production in Yulin by China National Coal Group, coal indirect liquefaction for future energy in Shaanxi, and coal-to-aromatics and olefins projects by Yanchang Petroleum. The reporters noted that these projects include both large-scale energy and chemical projects such as the Yanchang Zhongmei Yulin Coal, Oil, and Gas Resources Comprehensive Utilization Project, the Shenhua Yulin Circular Economy Coal Comprehensive Utilization Project, CNPC’s 800,000 tons per year ethane-to-ethylene production facility, Shaanxi Coal’s 1.8 million tons per year coal-to-ethylene glycol production project, the 500,000 tons per year demonstration project for the hydrogenation of full fractions of coal tar to produce naphthenic oils, and Shaanxi Longcheng’s 10 million tons per year integrated project for the clean and efficient comprehensive utilization of pulverized coal. There are also a number of downstream fine chemical projects, such as the Yanchang Jingwei New Materials Science and Technology Park, the Energy Materials Industrial Park in Shangluo 204, Yulin Dongyuan Fine Chemicals, Xi’an Lanxiao Technology’s resin production project, Hancheng’s diversified cathode materials for lithium-ion power batteries, and Baoji’s lithium battery graphite anode material projects. In addition, 18 chemical projects, including the second phase of Pucheng’s coal-to-olefins project, the fine chemicals testing and production base of Shaanxi Coal Research Institute, Yulin Zhongke’s coal-to-synthetic oil project, Yueneng Group’s coal-to-aromatics project, and the methanol production from semi-coke, have been listed as preliminary projects for provincial key projects in 2019.