General contract for the methanol production project using electric furnace exhaust gas in Inner Mongolia Ruizhi signed

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The general contract for the methanol production project using electric furnace exhaust gas from Inner Mongolia Ruizhi was signed. Author/Source: Yaha Coal Chemicals. Date: 2019-08-14. Clicks: 95. On August 11, Saiding Company successfully completed the signing of the general contract for Inner Mongolia Ruizhi’s first-phase project aimed at producing 175,000 tons per year of methanol from electric furnace exhaust gas, marking the full entry of this project into its implementation phase. During the contract negotiation process, both parties engaged in extensive discussions focusing on the feasibility and practicality of the project. Adhering to the principles of mutual benefit and pragmatism, they continuously refined the details of the contract terms as well as the relevant attachments, thereby ensuring a smooth implementation of the project. The total contract value for this project is 550 million yuan. At present, the civil engineering work at the project site has been completed above ground level, and the ordering of long-term-use equipment has been largely finished. The company’s design staff are working overtime to complete the drawing design tasks.