Construction begins on a new coal-to-oil project by Shaanxi Future Energy

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On January 15, the kick-off meeting for the LPG separation project of Shaanxi Future Energy Chemical Co., Ltd. (referred to as Future Energy), whose coal-to-oil production facility is under the EPC general contracting of Beijing Petrochemical Engineering Co., Ltd. (referred to as Beiyou Engineering), was held in Beijing. Tian Wei, Deputy Secretary of the Party Committee and General Manager of Beijing Petrochemical Engineering Co., Ltd.; Cao Jian, Deputy General Manager and Chief Engineer; Liu Hanying, Assistant to the General Manager ； Ma Hongguang, Secretary of the Party Committee and General Manager of Future Energy Company, Qiu Xueqiang, Deputy Secretary of the Party Committee, Liu Yongbing, Chief Engineer, as well as the heads of relevant departments from both sides and key members of the project team attended the launch ceremony. During the meeting, the two sides discussed aspects such as the project implementation plan, execution schedule, milestone dates, and contract terms. Tian Wei said that as one of the key projects for Future Energy Company in 2021, Beiyou Engineering Company will quickly adapt to Future Energy Company’s management philosophy and requirements, provide the highest quality services to the client, and make the greatest contribution to the project’s construction. It is reported that the contract value for this project is 58.668515 million, and the processing capacity of this facility is 114,100 tons per year. By separating and purifying the liquefied petroleum gas produced by the oil refining unit, it is possible to produce products such as propylene, propane, and C4 fractions, which have high market competitiveness. The plant’s operating flexibility ranges from 60% to 110%, with 8,000 hours of operation per year. It produces 23,700 tons of propylene, 15,900 tons of propane, 62,200 tons of mixed C4 hydrocarbons, and 9,600 tons of dry gas as by-products each year. Once completed, the project will have far-reaching implications for Future Energy Company in optimizing the structure of its coal-to-oil products, extending its industrial chain, and enhancing the added value of its products as well as its market competitiveness.