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Progress in the construction of Ningxia Runfeng New Materials Technology’s light hydrocarbon industry chain and hydrogen comprehensive utilization project

2022-02-24View Original

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Progress in the construction of Ningxia Runfeng New Materials Technology’s light hydrocarbon industry chain and hydrogen comprehensive utilization project. Author/Source: 11th Chemical Construction Corporation. Date: February 24, 2022. Clicks: 15. On February 22, under the supervision of the project owner for the Ningxia Runfeng project, the project team managed to establish high-voltage power supply from the main substation to the distribution room within one week, which created favorable conditions for the commissioning of the compressors in the ammonia synthesis plant. This development also marked a successful start to the resumption of work on the project. Ningxia Runfeng New Materials Technology Co., Ltd. is a new-type chemical enterprise founded on November 27, 2018, and is located in Area A of the Linhe Comprehensive Industrial Park in the Ningdong area, on Guangyin North Road. The company invested 3.2 billion yuan in building a light hydrocarbon industry chain and comprehensive hydrogen utilization facilities. The project covers an area of 518 mu. Construction officially began in June 2019, with the first phase scheduled to be completed and put into operation in April 2021, followed by the gradual commissioning of the facilities for the second and third phases. Once the project is fully completed and put into operation, it will be able to process 400,000 tons of liquefied gas from nearby enterprises each year, and produce 300,000 tons of polypropylene homopolymer pellets, 80,000 tons of liquid ammonia, and 120,000 tons of ammonia water annually. Achieving annual sales revenue of 5 billion yuan, a net profit of 320 million yuan, and tax revenues of 309 million yuan; creating 500 new jobs – these goals will yield significant economic and social benefits, while also contributing to the innovative, sustainable, and high-quality development of the Ningdong Energy and Chemical Industry Base.

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