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14.3 billion! Latest Progress on Hua Yi Qinzhou Integrated Phase I Industrial Gas Island Project Author/Source: Refining & Petrochemical News Date: 12-16-2019 Clicks: 129 At present, the Hua Yi Industrial Gas Island project requires an investment of 14.3 billion yuan; 10 billion yuan worth of contracts have already been signed, accounting for 70% of the target amount. Meanwhile, more than 2 billion yuan in various advance payments have been made, and the construction of the project is progressing smoothly. Gu Weizhong, general manager of Guangxi Huayi Energy and Chemical Company, said that thanks to the enthusiastic support of the staff at the port area management committee, the project will achieve its goals by the end of this year: completion of the PC works for the primary system, the primary underground pipelines, as well as the three vertical and three horizontal roads; completion of the synthesis framework for the methanol plant, the structure of the main transformer, and the structure of the ethylene glycol production unit; completion of the gasification plant; installation of the coal unloading and storage trestle; completion of the silos; and delivery for installation of the compression building for the purification unit. Through the concerted efforts of more than 1,500 skilled workers from 20 professional companies involved in the construction, over 60,000 cubic meters of concrete have been poured since work began, laying the foundation for the timely installation of numerous devices. On November 20, the project witnessed the successful lifting of its first large-scale piece of equipment – the acetic acid reactor. This event boosted the morale of the staff from the Qinzhou Port Area Management Committee who are involved in the project’s progress, as well as all the workers involved in the construction. It also marked the transition from the phase of civil engineering work to the phase of equipment installation. Thanks to the orderly progress of the first phase of the Huayi project, namely the construction of the Industrial Gas Island, Shanghai Huayi Group has become even more determined to accelerate the construction of the second phase. On November 27, the construction of Phase 2 began, taking another step forward toward the project’s overall target investment of 70 billion yuan. Filling the gap in the \"coal-based\" industry: The first phase of the Hua Yi Qinzhou Chemical New Materials Integrated Base project helps to fill this gap in the \"coal-based\" industry. By 2025, it is aimed to develop, through this Hua Yi project, a petrochemical new materials base in Qinzhou that will serve as a national benchmark for industries involving carbon-1, carbon-2, carbon-3, carbon-4 compounds, as well as aromatics. This is of great significance for Guangxi’s efforts to expand its petrochemical industry chain, to form a petrochemical industry cluster along the Beibu Gulf, and to establish a high-level petrochemical industry base in Qinzhou. Total investment: approximately 12.1 billion yuan. Project location: Within the Qinzhou Port Petrochemical Industry Park. Construction scale and main components: Construction of an oxygen production plant with a capacity of 240,000 Nm3/h, a gasification, purification, and CO separation plant with a capacity of 644,000 Nm3/h for (CO+H2), a hydrogen production plant; as well as facilities for the production of 1 million tons per year of methanol, 200,000 tons per year of ethylene glycol, 500,000 tons per year of acetic acid, and 22,500 tons per year of sulfur recovery, along with related auxiliary facilities. Progress: All EPC tenders and contract signings have been completed, as well as all orders for long-cycle equipment; the total contract value is approximately 7.4 billion yuan. The pile foundation construction for the entire plant has been largely completed, and work on the foundation structure has begun. The framing columns for the first floor of the gasification unit have been poured, the steel structure of the acetic acid unit is being installed, and earthwork excavation is underway for the purification and ethylene glycol units.