Jiangxi to build a 3.6 million-ton coal chemical project

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Jiangxi to Build a 3.6-Million-Ton Coal Chemicals Project Author/Source: Coal Chemicals 114 Forum Date: 2020-11-26 Clicks: 9 On November 23, the signing ceremony for the Pingxiang Xuyang Coking and Glass Recycling Industry Project in Jiangxi Province was held. Li Xiaobao, Secretary of the Pingxiang Municipal Party Committee, Li Jianghe, Deputy Secretary of the Party Committee and Mayor of the city, and Jie Xiaojian, Secretary of the Party Committee and Chairman of the Provincial Investment Group Co., Ltd., delivered speeches. City leaders Huang Qiang, Xiao Shuangyan, and Yang Jinsong attended. Xuyang Group, a wholly-owned subsidiary of China Xuyang Group Co., Ltd., has reached an agreement with Pingxiang Mining Group Co., Ltd. and Hunan Wujiang Light Chemical Industry Group Co., Ltd. to jointly invest in the establishment of two joint ventures: Pingxiang Xuyang Energy and Pingxiang Anyuan Glass. These ventures will be used to fund the construction of coking projects with an annual capacity of 3.6 million tons in the Xiangdong Industrial Park in Pingxiang City, Jiangxi Province – with Phase 1 having an capacity of 1.8 million tons and Phase 2 another 1.8 million tons – as well as projects related to the production of float glass at a rate of 1,200 tons per day and the further processing of glass. Rising Sun Group will subscribe for a registered capital of RMB 322.5 million in Pingxiang Rising Sun Energy (representing an initial equity stake of 43%) and a registered capital of RMB 129 million in Pingxiang Anyuan Glass (also representing an initial equity stake of 43%). As a leader in the coking industry, Xuyang Group is committed to becoming a \"world-leading energy and chemical company.\" Taking this signing as an opportunity, it will make full use of its capabilities in planning, design, and construction within the coal and coking chemical industry, as well as its 25 years of experience in production and operation management. By leveraging its existing range of proprietary and patented technologies, the group aims to set new standards for safety, environmental protection, automation, informatization, intelligence, and profitability in this sector, not only in Jiangxi but also across the country. The Pingxiang Xuyang Coking and Glass Recycling Industry Project is planned to be located in the Xiangdong Industrial Park. The preliminary feasibility study for the project has been completed; the total investment is estimated at 7 billion yuan. The project will be constructed in two phases: in the first phase, two production lines will be built, with a coking capacity of 1.8 million tons and a daily production capacity of 1,200 tons of float glass; in the second phase, an additional coking capacity of 1.8 million tons per year will be established. Among them, the project with an annual output of 3.6 million tons of coke involves 4 large-scale ramming coke ovens with 65 holes each and a diameter of 6.78 meters; these ovens utilize advanced, efficient, energy-saving, and environmentally friendly technologies and equipment, representing the highest standard in coke oven design in China at present. Once completed, they will enable the development of a circular economic model based on the processes of coal – coke – electricity – heat – chemicals ； Glass production utilizes the most advanced and mature float glass manufacturing technology available in China, ensuring that the entire project makes use of the finest international and domestic production as well as environmental protection technologies. The project’s indicators regarding coal consumption, energy consumption, and water savings meet the **established standards**, while emissions of air pollutants comply with the **special emission standards**, in line with the ultra-low emission requirements for the coking industry in Hebei Province. Upon completion and reaching full production capacity, the project is expected to generate annual sales revenue of 8 billion yuan and profits and taxes of 1.3 billion yuan. It will supply the market with 3.6 million tons of high-quality coke and coke powder, 200,000 tons of tar, and 50,000 tons of benzene, as well as 4.3 million metric tons of high-grade glass substrates and 3 million metric tons of special glass substrates. Additionally, it will be able to provide 700 million cubic meters of clean coke oven gas per year to the industrial park.