In 2020, Baofeng Energy’s coal consumption per ton of olefins was approximately 4.16 tons per ton

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In 2020, Baofeng Energy’s coal consumption per ton of olefins was approximately 4.16 tons per ton. On March 29th, some investors asked Baofeng Energy questions: They had come across a draft environmental impact assessment report for the 4 million-ton coal-to-olefins project in Inner Mongolia, and from it it appeared that the project required 13.8204 million tons of raw coal per year (3.455 tons per unit of product), as well as 2.8171 million tons of fuel coal (0.704 tons per unit of product). In total, this meant 4.16 tons of coal were needed per ton of polyolefins produced. They wanted to know what the coal consumption per ton of polyolefins is currently in Ningdong, and how it is possible to achieve such low coal consumption in the Inner Mongolia project The company replied, \"Dear investor, the coal consumption per ton of olefins is related to both the process technology and production management used in coal-to-olefins production, as well as the calorific value of the coal utilized.\" First, based on coal with a calorific value of 5,400 kcal, the amount of raw coal required per ton of olefins in the Ningdong project in 2020 was approximately 4.16 tons per ton. (2.95*1.41=4.16); Second, the reason for the low coal consumption in the Inner Mongolia project is that it utilizes the third-generation DMTO technology developed by the Dalian Institute of Chemical Physics. The advantages of this technology are as follows: the processing capacity of the plants increases significantly, with the olefin production capacity per plant rising from 600,000 tons per year to 1 million tons per year. Secondly, it has few side reactions, a high yield of the main product, and better economic efficiency; the alcohol-to-olefin ratio is 2.66 tons per ton, allowing the cost per unit of olefin to be reduced by about 10%. Thank you for following.