Thread Content
Expert consultation meeting for Qinghai Damei Coal Industry’s project on comprehensive utilization of exhaust gases to produce olefins held! Author/Source: Yahuahua Coal Chemical Industry. Date: 2020-06-04. Clicks: 9. On June 3, an expert review meeting for the project aimed at utilizing waste gases from Qinghai Damei Coal Industry to produce olefins was successfully held in Xining. Qiao Hongzhi, former deputy director of the Qinghai Provincial Department of Industry and Information Technology, was invited to attend the meeting; Jiang Qingbo, deputy inspector of the same department, presided over the meeting on site, with Bai Yongqiang, the party secretary and chairman of the company, also in attendance. The atmosphere at the demonstration meeting was lively. An expert panel for the evaluation was established, with Zhu Ping, the director of the new materials project at the Guangxi Qinzhou Chemical Industry Base and a professor-level senior engineer, serving as its head. Eleven experts were specially invited to participate, including Liu Yu, deputy chief engineer at Sinopec Guangzhou Engineering Company; Gu Jianliang, deputy director of the Sinopec Shanghai Research Institute of Petroleum Chemistry; Ma Xingmei, a researcher at the Dalian Institute of Chemical Physics, Chinese Academy of Sciences; An Fu, deputy chief engineer at the Sinopec Group Economic and Technical Research Institute; Luo Guanghai, deputy chief engineer at Sinopec Engineering Construction Co., Ltd.; Tang Huaijiang, general manager of Jilin Cornell Chemical Industry Co., Ltd.; Wang Liu, general manager of Inner Mongolia China Coal Mengda New Energy Chemical Co., Ltd.; Han Xinwei, chairman of Zhejiang Mingri Holding Group Co., Ltd.; and Zhao Xijun, deputy general manager of China Coal Yulin Energy Chemical Co., Ltd. Representatives from the Qinghai Branch of Agricultural Bank of China, the Qinghai Branch of Industrial and Commercial Bank of China, the Qinghai Branch of China Construction Bank, the Qinghai Branch of Bank of China, the Qinghai Branch of Postal Savings Bank of China, the Xining Branch of Industrial Bank, the Xining Branch of Huaxia Bank, and Qinghai Bank were specially invited to attend the meeting on site for discussion. At the beginning of the meeting, Jiang Qingbo, on behalf of the Provincial Department of Industry and Information Technology, extended a warm welcome to the experts attending the meeting. He pointed out that the project for the comprehensive utilization of exhaust gases from Qinghai Damei Coal Industry to produce olefins is a key demonstration project for accelerating industrial transformation and upgrading in our province, for building major industrial bases for chemical new materials, and for the comprehensive development of a circular economy. It is also an important measure for upgrading the industrial structure and changing the mode of economic development. The completion and operation of this project are of great significance for the sustainable economic development of Qinghai Province. It is hoped that the experts attending the meeting will offer valuable suggestions and opinions on the development of the project. Relevant organizations and financial institutions are encouraged to focus on the industrial economic development of Qinghai, deepen long-term cooperation, accelerate project financing, and work together to promote the high-quality development of Qinghai’s chemical and new material industry. The experts present watched the company’s promotional video and videos of the project construction site carefully. Li Wenge, the company’s chief engineer, gave an overall report on aspects such as the project construction overview, the technical processes involved, the progress of project construction, and production preparations. Qian Jianhua, the company’s deputy general manager, provided a detailed presentation on topics including raw material preparation and marketing strategies. The experts present began by discussing the construction of the project for producing olefins through the comprehensive utilization of exhaust gases from Qinghai Damei Coal Industry. They summarized the current status and supply landscape of the olefins industry by examining 11 aspects, including the prospects for sustainable development in this industry, the advantages of the project, process technologies, product sales markets, and product operation capabilities. They also evaluated the competitiveness of Damei Coal Industry and discussed from various perspectives the significance of constructing this project for producing olefins through the utilization of exhaust gases. Following on-site inquiries and discussions by the experts present, it was unanimously agreed that Qinghai Damei Coal Industry’s project for the comprehensive utilization of exhaust gases to produce olefins is in line with **industrial policies and local industrial development plans. The process technology used is mature and advanced, investments in safety and environmental protection are reasonable, the measures implemented are safe and reliable, there are diverse sources for raw material supply, and the range of product types and grades is extensive. This project can meet market demands effectively, has the ability to adjust production flexibly, and can help fill the gap in polyolefin supply in the western region; thus, it holds good prospects for development. At the same time, the experts present, drawing on their extensive experience in their respective fields, offered constructive suggestions and recommendations for the future development of the project. On behalf of the company, Bai Yongqiang expressed his sincere gratitude to the experts who took the time out of their busy schedules to attend the project evaluation meeting. He said that the project for the comprehensive utilization of exhaust gases from Damei Coal Industry to produce olefins is a key project under Qinghai Province’s 13th Five-Year Plan. It represents a landmark initiative taken by the provincial Party committee and government to deepen supply-side structural reforms and establish a model industrial chain for a circular economy. This project plays an important role in accelerating the industrial transformation and upgrading of the province as well as promoting the high-quality development of its energy and chemical industries. At present, under the strong leadership of the Provincial Party Committee and the Provincial State-owned Assets Supervision Commission, with the active assistance of the participating units and the strong support of various banks, the project is progressing smoothly overall, and progress has been made in terms of project financing. We sincerely invite the experts attending the conference to offer more suggestions and recommendations regarding the future development of the enterprise, the upgrading of production technologies, and the research and development of high-end products. We hope that various banks will continue to leverage their strengths to provide greater support for the construction of Dami Coal Industry projects and the development of its industry, so as to turn Dami Coal Industry into a new driving force for the industrial economic development of our province. Qinghai Damei Coal Industry signs an agreement for a loan of 1.5 billion yuan! On the afternoon of May 14, a meeting was held in Xining to discuss the implementation of policies and measures in Qinghai Province to support enterprises in resuming work and production, as well as matters related to the centralized approval of major projects, financing for such projects, and the signing of agreements for attracting investment. Liu Ning, Deputy Secretary of the Provincial Party Committee and Governor of the province, attended the meeting, which was chaired by Li Jiexiang, Deputy Secretary of the Provincial Party Committee and Executive Governor. Tian Jimin, Secretary of the Party Committee and President of the Qinghai Branch of Agricultural Bank of China, and Bai Yongqiang, Secretary of the Party Committee and Chairman of the company, signed an agreement on a loan amounting to 1.5 billion yuan on behalf of both parties. Qinghai Damei Coal Industry Co., Ltd. is a large state-owned enterprise in the chemical and new materials sector in Qinghai Province, composed of two shareholders: Qinghai Chemical New Materials (Group) Co., Ltd. and Western Mining Group Co., Ltd. It was established on January 17, 2012, with a registered capital of 3.8 billion yuan. The company is located in the West Area of Ganhe Industrial Park, within the (**-level) Economic and Technological Development Zone in Xining, Qinghai Province. The comprehensive olefin production project that the company is developing is a key demonstration project for Qinghai Province to accelerate industrial transformation and upgrading, build a major industrial base for chemical new materials, and promote the comprehensive utilization of resources in the context of a circular economy. The project covers an area of 5,107 mu, with a total investment of 12.772 billion yuan. The main production facilities include: an 1.8 million tons per year methanol-to-olefins plant, a 100,000 tons per year olefin conversion to propylene plant, a 20,000 tons per year MTBE and butene-1 plant, a 300,000 tons per year polyethylene plant, and a 400,000 tons per year polypropylene plant. Once the project is completed and put into operation, the enterprise will be able to generate annual sales revenue of 6.53 billion yuan, with an average annual profit of around 739 million yuan.