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Innovation Spurs Greater Vitality in Shaanxi’s State-Owned Enterprises Author/Source: Xi’an Net Date: 2020-09-18 Clicks: 14 Since July, 10 research personnel from Yanchang Petroleum have been working overtime for dozens of days in the Jingbian Energy, Chemicals, and Comprehensive Utilization Industrial Park. On August 21, Guo Shujing, a senior engineer at Yanchang Petroleum, said, “At present, the project for the direct conversion of syngas into low-carbon olefins is in the process of preparing for pilot operations on an industrial scale.” ” “The \"Direct conversion of syngas to low-carbon olefins\" project has creatively achieved the efficient one-step production of low-carbon olefins from coal-based syngas, and has been hailed by peers as a \"milestone-style breakthrough in the field of coal conversion.\" The catalyst for this project was developed independently by the Chinese Academy of Sciences, while Yanchang Petroleum was responsible for its engineering adaptation. Through their collaboration, it took only 30 months to move from the laboratory stage to the industrial pilot plant stage. In recent years, the Provincial State-owned Assets Supervision and Administration Commission has implemented an innovation-driven development strategy, encouraging enterprises to deepen cooperation with research institutions. Through platforms such as pilot production bases, key laboratories, and research institutes, these efforts aim at developing new products and technologies that can help enterprises transform and upgrade, gain a competitive edge in the market, and succeed in competition. Technological innovation: Seizing the initiative in development. The petroleum industry of Yanchang Oil is diverse and spans a wide range of sectors, and the group has never ceased to innovate. ”On August 18, Wang Junfeng, head of the Technology and Information Management Department at Yanchang Petroleum, said, “We allocate 20 million yuan each year to research in cutting-edge project areas.” ”Driven by innovation along the industrial chain, the proportion of Non-oil industries in Yanjiang Petroleum has risen from less than 7% 10 years ago to over 30% today. In 2019, the output of chemical products reached 5.754 million tons, with the company continuing to move up the value chain. “When the research institute was first established, technological innovation was defined as an industry capable of generating substantial benefits, and efforts were made to develop it carefully, adhering to a dual approach of industrializing technology and applying technology in industry. ” On August 22, Min Xiaojian, director of the Shaanxi Coal Technology Research Institute, told reporters. In 2019, the Shaanxi Coal Technology Research Institute generated revenue of 470 million yuan from the commercialization of scientific and technological achievements; in the first half of this year, despite the impact of the pandemic, it still managed to earn 540 million yuan in revenue. To date, 19 mining faces at 15 coal mines of Shaanxi Coal Group have achieved intelligent mining. At the same time, the company is also actively promoting the sales of its own R&D achievements such as nano-energy-absorbing materials, pore-sealing materials, anisole, silver powder, and graphene-based anti-corrosion coatings. New materials and new energy sources are becoming new drivers for increasing the company’s profitability.