Framework agreement signed for the operation and production of the 5.5 million tons/year coal upgrading pyrolysis project, as well as for the project aimed at developing green, high-value new materials through the integration of multiple energy sources

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Framework Agreement Signed for Operation, Maintenance, and Production of the 5.5 Million Tonnes/Year Coal Upgrading Pyrolysis Project, as Well as for the Development of Green, High-Value New Materials through Integrated Use of Multiple Energy Sources; Author/Source: Huahua Net Coal Chemicals; Date: April 10, 2022; Clicks: 13. On the morning of April 8, China National Chemical Engineering Group Corporation No. 11 Construction Co., Ltd. signed a framework agreement under the EPC+O model for an integrated solution covering design, construction, production, and operation, maintenance for the 5.5 Million Tonnes/Year Coal Upgrading Pyrolysis Project and the development of green, high-value new materials through the integrated use of multiple energy sources, with Yiwu Jiangna New Materials Co., Ltd. Li Guangming, Secretary of the Party Committee and Chairman of 11th Chemical Construction, and Li Yunde, Chairman of the Board of Directors of **Aide New Energy Investment Holding Group and Chairman of Shandong Nayu’s headquarters, signed the framework agreement on behalf of both parties. The integrated industrial project for the clean, efficient, and comprehensive processing of low-grade coal at a capacity of 5.5 million tons per year by Xinjiang Yiwu Jiangna New Materials Co., Ltd. is being constructed in three phases. In the first phase, facilities for the new-type pyrolysis treatment of low-grade coal with a capacity of 5 million tons per year, a facility for producing clean coal with a capacity of 1 million tons per year, a coal tar hydrogenation facility with a capacity of 500,000 tons per year (including a naphtha reforming facility with a capacity of 200,000 tons per year), as well as utility systems, will be built ； Phase 2 construction of a 200,000 tons/year green methanol plant using waste gas, a 100,000 tons/year formaldehyde methyl acetal plant, an LNG plant producing 80,000 tons/year as a by-product of waste gas purification, and utility systems ； Phase 3: Construction of a 200,000 tons/year green ethylene glycol plant using waste gas, along with the necessary utility systems.