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Key projects in Yulin Economic Development Zone commence construction in bulk in the third quarter! New Yulin Chemical Project Author/Source: Coal-Based New Materials Date: 2022-07-08 Clicks: 30 On July 6, the Yulin Economic Development Zone held a ceremony to launch key projects for the third quarter of 2022 at the site of the Shaanxi Coal Group Yulin Chemical Company project; 5 projects with a total investment of 5.28 billion yuan were put into operation. It is understood that the 5 key projects starting construction on this occasion have a total investment of 5.28 billion yuan and cover multiple industry sectors. In particular, the 500,000-ton DMC project is a Sino-Japanese joint venture established through investment by Shaanxi Coal Yulin Chemical, Donghua Engineering Technology Company, Japanese company Ube, and Japanese company Takahashi Kogyo; it enables the introduction of 2.3 billion yuan in foreign investment. Upon completion of the project, sales revenue of 3.4 billion yuan can be generated. This project features low energy consumption, high energy efficiency, a high input-output ratio, and strong market competitiveness for its products; it plays an important role in promoting the expansion of the industrial chain and the adjustment of the industrial structure in the economic development zone. Overview of the 500,000-ton DMC project: Project name – Demonstration project for the production of new chemical materials through the selective utilization of coal; 500,000 tons per year DMC production facility ； Construction location: West of Huiyuan Avenue and South of Keji Road, Qingshui Industrial Park, Yushen Industrial Zone, Yulin City, Shaanxi Province ； Construction scope: Construct a 500,000-ton/year dimethyl carbonate (DMC) production facility along with the associated auxiliary and utility systems. Phase 1 will involve the construction of a 100,000-ton/year high-purity DMC production facility, while Phase 2 will involve the construction of a 400,000-ton/year high-purity DMC production facility. Total project investment: 4,622,951,300 yuan. Project area: Approximately 401 mu. Shaanxi Coal Group Yulin Chemical Yugao High-Tech Materials Co., Ltd. was established jointly by Yugao Corporation (50%) and Shaanxi Coal Group Yulin Chemical Yudong Technology Co., Ltd. (50%). Yudong Technology Co., Ltd. of Yulin Chemistry, Shaanxi Coal Group, was jointly established by Yulin Chemistry Co., Ltd. of Shaanxi Coal Group (80%) and Donghua Engineering & Technology Co., Ltd. (20%).