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Progress of the construction of Ningxia Kunpeng Clean Energy’s 400,000-ton coal-to-ethylene glycol project

2022-05-07View Original

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Progress in the construction of Ningxia Kunpeng Clean Energy’s 400,000-ton coal-to-ethylene glycol project. Author/Source: ChemNet Coal Chemical Industry. Date: May 7, 2022. Page views: 18. Recently, significant progress has been made in the final stages of construction at the site of Ningxia Kunpeng Clean Energy Co., Ltd.’s project to produce 400,000 tons of ethylene glycol annually from coal. Following the successful completion of the water pipeline installation, pressure testing, and water inflow on March 10, the site witnessed a wave of good news in an enthusiastic atmosphere. On April 12, the 35kV testing power supply was successfully powered on in one attempt. On April 13, the 35kV standby transformer for power supply was successfully powered on. On April 17, the third circulation substation was powered on, and on April 21, the demineralized water distribution room was powered on. With this, the phase of individual unit tests officially began, laying a solid foundation for the comprehensive commissioning and operation of the coal-based ethylene glycol project. Ningxia Kunpeng Clean Energy Co., Ltd. is a mixed-ownership enterprise established jointly by Ningdong Development and Investment Company, Ningxia Changyi Technology Development Co., Ltd., and Ningxia Industrial Guidance Fund Management Center (Co., Ltd.). The project it invested in to produce 400,000 tons of coal-based ethylene glycol per year has a total investment of 4.331 billion yuan; it is being built in two phases, with the first phase requiring an investment of 3.597 billion yuan to construct a plant capable of producing 200,000 tons of coal-based ethylene glycol per year along with all necessary auxiliary facilities ; The second phase of investment amounts to 734 million yuan, used to build a plant with an annual production capacity of 200,000 tons of coal-based ethylene glycol. The coal-to-ethylene glycol project is a key industrial project for the autonomous region and the Ningdong Management Committee. Its implementation fills the gap in the coal-to-ethylene glycol industry within the Ningdong area, enriches the modern coal chemical industry chain and product portfolio. It plays an important role in guiding and inspiring the industrial transformation and upgrading as well as the shift from old to new forms of energy production in both the autonomous region and the Ningdong area. Ningdong Development and Investment Company will continue to leverage the resource and organizational advantages of its state-owned shareholder, make efforts in areas such as financial services and project supervision, and go all out to support the successful commissioning of the coal-to-ethylene glycol project of Ningxia Kunpeng Clean Energy Co., Ltd. At the same time, by focusing closely on the nine distinct industrial chains in the Ningdong base and building on the existing industrial development foundation there, projects to expand the coal-to-ethylene glycol production chain will be launched at the appropriate time. This will enable the creation of multi-product, diversified industrial chains and industrial clusters, thereby facilitating efficient use of resources and significantly improving the profitability and energy efficiency of the ethylene glycol industry.
Reply #22022-05-12
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