Total cost: 1.367 billion yuan; Anhui Carbonxin Technology’s 500,000-ton methanol project has commenced construction

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Total cost: 1.367 billion yuan. The 500,000-ton methanol project of Anhui Tanxin Technology Co., Ltd. commenced construction. Author/Source: Coal Chemicals News. Date: 2019-09-17. Clicks: 243. From September 8th to 11th, a meeting was held at the company regarding the comprehensive utilization project of coke oven gas and the gasification process package for Anhui Tanxin Technology Co., Ltd. Wu Guangmei, Secretary of the Party Committee and Chairman of Donghua Company, Cui Congquan, Deputy Secretary of the Party Committee and General Manager, Ye Ping and Zhu Dinghua, Deputy General Managers, Wang Shengmao, Deputy General Manager of Huaibei Mining, and Zheng Renyong, Chairman of CarbonXin Technology, attended the meeting. The holding of this kick-off meeting marks the official launch of the comprehensive utilization project for coke oven gas. Anhui Carbonxin Technology Co., Ltd. is a wholly-owned subsidiary of Huaibei Mining Group, with a registered capital of 600 million yuan. The project for the comprehensive utilization of coke oven gas is located in Linhuan Industrial Park, Hancun Town, Suixi County, Huaibei City, Anhui Province. The contract value for this project is 1.367 billion yuan, and the construction period is 22 months. The scope of the contract includes a turnkey EPC project covering the 2,000 tons/day powder gasification unit, the 500,000 tons/year methanol synthesis unit, as well as related auxiliary facilities. On January 4, 2019, 12 projects at the Anhui (Huaibei) New Coal Chemical Synthesis Materials Base were launched simultaneously, including Huaikuang Group’s project for the comprehensive utilization of 500,000 tons per year of coke oven gas to produce methanol. On the morning of July 24, 2019, the signing ceremony for the license agreement regarding the dry coal powder gasification technology used in Anhui Carbonxin Technology Co., Ltd.’s coke oven gas comprehensive utilization project – the “Shenning Furnace” – was held at the New Coal Chemical Synthesis Materials Base in Huaibei City, Anhui Province. On August 27, 2019, Donghua Technology Company signed an EPC general contract for the comprehensive utilization project of coke oven gas with Anhui Carbonxin Technology Co., Ltd. The Anhui Carbonxin project to produce 500,000 tons of methanol from coking oven gas plans to utilize the hydrogen-rich off-gases from the existing two 400,000-ton methanol production units at Linhuan Coking. A new gasifier with a coal feeding capacity of 2,000 tons per day will be installed to supply carbon for the production process, thereby enabling the manufacture of 500,000 tons of methanol per year. Ultimately, the capacity will reach 900,000 tons per year, and this methanol will serve as raw material for extending the downstream olefin industry chain in Anhui (Huaibei)’s new coal chemical synthesis materials base. Huaibei Mining Co., Ltd. is a large state-owned enterprise specialized in coal mining and related comprehensive utilization activities. In line with the Huaibei Mining Group’s development strategy of \"relying on coal, expanding beyond coal, and going beyond coal,\" Huaibei Mining has carried out \"integrated\" upgrades and expansions of Linhuan Coking Co., Ltd. It has also made efforts to establish Anhui Carbonxin Technology Co., Ltd., which is one of the key projects in Anhui Province aimed at restructuring the economy and addressing existing weaknesses. This company serves as a cornerstone project for Huaibei City’s effort to develop a carbon-based new materials industry worth over 100 billion yuan. It not only has the potential to become a new important source of economic growth for Huaibei Mining but also holds great significance for implementing the \"China Carbon Valley – Green Gold Huaibei\" strategy, as well as for helping Anhui Province to restructure its economy, change its development model, and achieve further progress.