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Latest Progress on the First Phase of Xinjiang Guoye New Materials Technology’s 80,000-ton Polyoxymethylene Project. Author/Source: Gasification World. Date: July 3, 2022. Clicks: 18. On June 20, the lifting of large-scale equipment for the Wujiaqu Guoye Polyoxymethylene Project, carried out by the Xinjiang branch of China National Chemical Engineering Corporation Sixth Construction Co., Ltd., was completed. The formaldehyde separation tower, formaldehyde recovery tower, benzene recovery tower, TOX distillation tower, and TOX dehydration tower installed at this stage are the core equipment for the concentrated recycling of dilute aldehydes in this facility. The 40,000-ton/year capacity of Phase 1 of Xinjiang Guoye New Materials Technology Co., Ltd.’s polyoxymethylene production facility is one of the key investment attraction projects in Wujiaqu City, Xinjiang’s Sixth Division, for the year 2022. It is located in the Eastern Industrial Park of Wujiaqu City’s Economic and Technological Development Zone, with a planned total investment of 2.8 billion yuan. Upon completion, by making full use of the abundant methanol resources and the advantage of low-pressure steam available for industrial operations, the project will further extend the modern coal chemical industry chain, improve the efficiency of comprehensive coal utilization, and produce polyoxymethylene polymer resins – the world’s third-largest type of general-purpose engineering plastic – which are non-toxic coal-based materials; this will create numerous job opportunities in the local area. Xinjiang Xinye Energy and Chemical Co., Ltd. (hereinafter referred to as the Company) is located in the East Industrial Park of the **-level Wujiaqu Economic and Technological Development Zone. With a registered capital of 2 billion yuan and covering an area of 2,500 mu, it was established in December 2009. Approved by the State-owned Assets Supervision and Administration Commission of the autonomous region, it was set up through joint investment by Xinjiang Xinye State-owned Assets Operation (Group) Co., Ltd. and its subsidiary Xinjiang Xinye Shengrong Venture Capital Co., Ltd. It operates as a state-owned enterprise organized and managed in accordance with modern corporate systems, and it represents a large-scale, modern coal chemical enterprise that exemplifies the integration of military and local development efforts. To date, the company has invested 6.5 billion yuan to complete the first phase of the 200,000-ton/year fine chemical project for 1,4-butanediol and its associated facilities, which are now in operation. This enables annual production of 60,000 tons of 1,4-butanediol, 500,000 tons of methanol, 192,000 tons of liquefied natural gas, 100,000 tons of high-purity gasoline produced from methanol, as well as various other by-products; in addition, it has a waste heat power generation capacity of over 50,000 KW. This project utilizes domestically and internationally leading technologies that are well-proven in operation, and it features a high rate of economic conversion of coal, a good input-output ratio, and excellent economies of scale, thereby setting the direction for the development of modern new coal chemical industries. The company actively adheres to the development philosophies that \"lucid waters and lush mountains are invaluable assets\" and \"environmental protection comes first, with ecology being the foundation for corporate development.\" It has invested 1.27 billion yuan (20.16% of the total investment) in the construction and upgrading of environmental protection facilities, ensuring that the treatment of \"waste gas, wastewater, and noise\" meets standards that exceed **environmental regulations**.