Latest progress on Yankuang Group’s 4 million tons per year coal indirect liquefaction project

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Latest Progress on Yankuang Group’s 4 million tons/year Coal Indirect Liquefaction Project Author/Source: Modern Coal Chemical Industry Date: 2020-07-29 Clicks: 103 On July 22, Miao Feng, deputy head of the Yulin Political Consultative Conference and secretary of the Yuyang District Party Committee, led members of the district Party committee, government officials, and key representatives from relevant departments to Future Energy Company to investigate the progress of the follow-up projects for the first phase of coal liquefaction. Miao Feng and his party listened to presentations on the production and operation of the follow-up projects for coal-to-oil Phase 1, as well as on technical upgrades and improvements, and on the progress of the follow-up projects for coal liquefaction Phase 1. They gave full recognition to the achievements made by Future Energy Company over the past few years. Miao Feng said that the follow-up project to the first phase of coal liquefaction is a key construction project in Yuyang District, Yulin City. This project is of great significance for optimizing the industrial structure of Yuyang District and advancing the development of its energy and chemical industry base. The authorities will continue to support the construction of projects and the growth of enterprises in the area, providing top-notch services and an excellent environment to help these enterprises grow stronger, thereby achieving mutual benefit and integrated development between the local government and enterprises. Project Name: Yankuang Group Yulin 4 million tons/year Coal Indirect Liquefaction Project
Investor: Shaanxi Times Energy & Chemical Co., Ltd.
Construction Location: Qinhe Town
Construction Scale and Main Components: A 4 million tons/year coal indirect liquefaction plant will be built using the Fischer-Tropsch synthesis technology developed by Yankuang Group, along with the necessary utility systems and auxiliary facilities; the project will produce 4.1689 million tons of high-quality oil products and chemicals per year. Construction period: 2020–2024 Total investment: 77.7 billion yuan Planned investment for 2020: 500 million yuan