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Feasibility study review for two new projects in Hami, Xinjiang Author/Source: Huahua Net Coal Chemicals Date: 2022-01-26 Clicks: 25 On January 19, the Petroleum and Chemical Industry Planning Institute held a review meeting in Beijing for the Feasibility Study Report on the project undertaken by Yiwu Jiangna New Energy Co., Ltd., which aims to produce green, low-carbon, high-value coal-based chemicals through the integration of wind and solar energy; as well as for the Feasibility Study Report on the project carried out by Yiwu Nayu Hydrogen Energy Technology Co., Ltd., which focuses on producing hydrogen using wind and solar energy combined with carbon dioxide capture to create green, high-value chemicals. The review meeting was chaired by Vice President Li Zhijian. More than 30 people attended it, including 13 industry experts such as Liu Zhongmin, an academician of the Chinese Academy of Engineering; leaders such as Jiang Xiaoyang, Deputy Secretary of the Yiwu County Party Committee and **Executive Deputy County Head**; representatives of the project owners such as Li Yunde, Chairman of the Board of Directors of Aide New Energy Investment Holding Group and Chairman of Shandong Nayu’s headquarters; Beijing Petrochemical Engineering Company, the entity responsible for the project preparation; and China National Chemical Engineering Corporation No. 11 Construction Co., Ltd., the entity providing technical support. The meeting heard a presentation on the project status from the owner, Jiangna Company, a report on the feasibility study prepared by Beijing Petrochemical Engineering Company, as well as additional explanations from the relevant technical support agencies. The expert group conducted a careful review and in-depth discussion of the feasibility study report, and unanimously agreed that the product design and scale proposed in the report are generally reasonable; the main process technologies employed meet the criteria of balancing maturity with advancement; the associated utility systems are also reasonably designed; and the bases, methods, and parameters used for investment estimation and financial evaluation are generally standard. In response to the specific issues in the feasibility study report, the expert group put forward suggestions for modification and optimization. The green, low-carbon, high-value coal-based chemicals and new materials project developed by Yiwu Jiangna New Energy Co., Ltd., which relies on the complementary use of wind, solar, and other energy sources, starts with the production of syngas through coal gasification; this process is combined with hydrogen production via wind, solar, and electrolysis. The project includes two main production lines for polyolefins at a capacity of 700,000 tons per year, and for liquefied natural gas at a capacity of 1 billion cubic meters per year. The project of Yiwunayu Hydrogen Energy Technology Co., Ltd., which involves the combined use of wind and solar energy for hydrogen production along with carbon dioxide capture to produce green, high-value chemicals, uses hydrogen generated through electrolysis of wind, solar, and hydroelectric energy, as well as carbon dioxide extracted from the exhaust gases of coal tar hydrogenation processes, as raw materials to produce green methanol, which is then used to manufacture further high-value chemicals. The two projects make full use of the abundant coal and new energy resources in the Hami region to produce green hydrogen and green oxygen from green electricity, thereby manufacturing green methanol, new material products, and green chemicals; they also actively explore the integrated development of modern coal chemical industry and new energy industries. In recent years, Jiangna Company has taken advantage of the high-quality oil-rich coal resources in Naomaohu, as well as its favorable geographical and transportation advantages, to develop projects such as a smart open-pit coal mine with an annual production capacity of tens of millions of tons, an industry for the graded and differentiated utilization of coal, gas generation from waste coal, comprehensive hydrogen extraction and utilization, and hydroprocessing of coal tar. This has enabled the company to shift from coal mining at the upstream stage to the production of value-added coal products at the downstream stage, thus creating a circular economic industrial chain that spans raw coal, clean coal, coal tar, and high-end petroleum products – thereby increasing the added value of coal products.