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The construction of the coal-based ethanol project by Yushen Company is progressing steadily. Author/Source: Shaanxi Yanchang Petroleum (Group) Co., Ltd. Date: 2020-04-14. Clicks: 12. Spring is an ideal time for accelerating project construction. Recently, a reporter visited the construction site of the Yushen 500,000 tons per year coal-based ethanol project, located in the Qingshui Industrial Park of the Yulin Yushen Industrial Zone. There, a large number of machines were present on the site, and over 100 construction technicians were carrying out detailed inspections and tests. They were eager to work hard and speed up the progress, thus embodying the spirit of \"speed and passion\" in project construction. According to the person in charge of the project, in 2020, Yushen Company will make every effort to advance the construction of the ethanol project by aiming to achieve three \"completions\", two \"50% targets\", and one \"start\". The three \"completions\" refer to completing the annual investment of 1.18 billion yuan in the project, finalizing the EPC contract for the ethanol project, and completing the procurement of long-term-use equipment ； The two “50%” refer to completing 50% of the detailed design and 50% of the civil construction work ； A “Start” means beginning the device installation. To date, the dynamic compaction work for the ethanol project has been fully completed, and detailed surveying work is currently in progress ； The manufacturers for 15 long-cycle equipment units, including air separation units, gasifiers, and reactors in ethanol production facilities, have been identified, and the EPC bidding will take place in April. It is understood that the Yushen coal-based ethanol project is a key initiative within the group company’s coal chemical industry plans for the 13th Five-Year Plan period and beyond. With a total investment of 6.98 billion yuan and an area of 1,365 mu, it utilizes Yanchang Petroleum’s own dimethyl ether carbonylation technology to produce 500,000 tons of ethanol per year. The project aims to be completed by the end of 2021. Once completed, the project will become an important driver of economic growth for Yanchang Petroleum Group, making a significant contribution to the group’s transformation, upgrading, and high-quality development.