Kaiyue Coal Chemicals kicks off the first quarter on a strong note!

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Kaiyue Coal Chemicals kicks off the first quarter on a strong note! Author/Source: Kaiyue Coal Chemicals Date: 2022-04-08 Clicks: 13 In 2022, faced with a challenging business environment, Kaiyue Coal Chemicals adopted targeted measures and scientific strategies to combat the pandemic, maintain production, and ensure sustainable development. The company achieved good results in the first quarter, completing its production targets 5 days ahead of schedule and thus starting the year on a strong note. As of March 31, the company’s plants were in operation for 88.7 days, producing 163,800 tons of methanol, thus successfully meeting the production targets set by its superior authorities. Exceeding the methanol production target: In the first quarter, the higher-level authorities set a production target of 153,100 tons of methanol. Overcoming various challenges, the company focused on energy conservation and cost control, kept a close eye on market trends, and conducted thorough analyses. With a commitment to starting with full intensity from the beginning, the company managed to produce 163,800 tons of methanol in the first quarter, exceeding the target by 10,700 tons. It completed the production targets for that quarter 5 days ahead of schedule, achieving 23.4% of the annual targets. The key consumption indicators have decreased. In 2022, the company focused on internal management by continuously adjusting and optimizing the production process parameters, thereby ensuring the efficient and stable operation of the facilities; the coal consumption for methanol production was 1.82 tons per ton, which is 0.06 tons per ton less than in 2021 ； Water consumption is 8.2 tons per ton, remaining the same as in 2021 ； Power consumption: 290.9 kWh/ton, a decrease of 3.1 kWh/ton ； Oxygen consumption is 899.9 cubic meters per ton, a decrease of 2.1 cubic meters per ton. Solid efforts have been made to achieve \"cost reduction and efficiency improvement, as well as breaking out of financial difficulties.\" This year, the company has focused on ensuring \"stable and high production levels, along with safe operations\" in its facilities. All employees have been encouraged to adopt a mindset of \"energy conservation, cost reduction, quality improvement, and efficiency enhancement, as well as finding new sources of income while cutting expenses.\" Building on the initiatives of \"comparing and improving in three areas,\" as well as refined management practices, the company has strengthened control over key process parameters, promoted clean and orderly workplace conditions, carried out regular inspections, and enforced proper labor discipline. Through measures such as methanol cost analysis, cross-shift competitions, and performance evaluations, the company carries out activities such as using high-sulfur coal in production, recycling waste coal slurry from the gasification process, recovering ammonia-containing condensates, and reusing steam condensates – all of which help to reduce the costs associated with methanol production.