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The construction of key coal chemical projects worth over 10 billion yuan in Shaanxi Province is progressing steadily. Author/Source: Shaanxi Daily Date: May 3, 2019 Clicks: 9. On April 25, reporters learned from the Provincial Development and Reform Commission and the relevant project entities that among the key projects to be continued or newly launched in our province in 2019, those in the coal chemical sector with an investment amount exceeding 10 billion yuan had a total investment of 190.77 billion yuan, with 12.19 billion yuan invested in these projects during 2019. These key coal chemical projects worth tens of billions feature differentiation and cost-effectiveness, with an emphasis on expanding into downstream markets. Once the project is put into operation, it will not only generate significant output value and profits but also boost the development of related industries and the local economy. Among the projects under continuation, the total investment for the first phase of the Zhongmei Yulin Coal, Oil, and Gas Resources Comprehensive Utilization project amounts to 14.41 billion yuan, with an annual investment of 4.2 billion yuan; efforts will be made to complete part of this project by the end of the year. It is expected that once the entire project is completed and put into operation in 2020, Yulin Energy Chemical Company of Yanchang Petroleum will have a polyolefin production capacity of 1.8 million tons per year, making it one of the larger polyolefin production bases in China as well as a producer of polyolefins with differentiated products, higher quality standards, customized features, and a wider range of application areas. The Shenhua Yulin Circular Economy Coal Comprehensive Utilization Project (Phases I and II), invested and constructed by the **Energy Group, has a total investment of 38.22 billion yuan, with an annual investment of 4 billion yuan. The Phase I of the Shaanxi Coal Yushen Coal Value-Added Utilization for Chemical New Materials Demonstration Project, funded and constructed by Shaanxi Coal Group, has a total investment of 21.95 billion yuan. The project is capable of processing 5.3 million tons of raw coal per year, with an annual investment of 2 billion yuan. Among the newly launched projects, the Shaanxi Future Yulin Coal Indirect Liquefaction Project has a total investment of 77.7 billion yuan; it involves the construction of a coal indirect liquefaction production line with an annual capacity of 4 million tons, requiring an annual investment of 500 million yuan. During this year, efforts will focus on completing the preparatory work such as ensuring access to water, electricity, roads, and communication services as well as leveling the site, carrying out engineering design, and procuring patented technologies. The total investment for the Yulin Zhongmei Coal Deep Processing Base project is 19.7 billion yuan, with an annual investment of 1 billion yuan; during this year, efforts will focus on the procurement of process packages, EPC bidding, and detailed design work. The Yuheng 400,000-ton coal-to-aromatics and olefins integrated project, along with the associated coal mines, has a total investment of 18.79 billion yuan, with annual investments of 490 million yuan. The goal is to complete the basic design for the aromatics production facility within this year and to start the procurement of long-term-use equipment. In addition, key coal chemical projects worth billions of yuan are in the preliminary stages of development, including the Phase II of the Shaanxi Coal Yushen Project for the differentiated utilization of coal to produce new chemical materials, the Phase II of the Weinan Pucheng Clean Energy Company’s project for producing olefins from coal, the three-phase Shenhua Yulin project for comprehensive utilization of coal in a circular economy framework, and the YuNeng Guojiatan project for the clean conversion of coal into ethylene glycol and other high-value chemicals; efforts are being made to start construction on these projects as soon as possible.