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Total investment of 11.8 billion yuan! On June 4, the land preparation work for Ningxia Coal Industry Company’s MTP process technology upgrade project commenced, marking the official start of the on-site construction phase for this key coal chemical project. The MTP process technology upgrading project is a major chemical project under the **Energy Group’s and Ningdong Energy Chemical Industry Base’s 14th Five-Year Plan, as well as a project included in Ningxia Coal Industry Company’s 14th Five-Year Plan. This project is undertaken by the Coal-to-Oil Chemical Engineering Construction Command, and it involves upgrading the two existing coal-based olefin plants owned by Ningxia Coal Industry Company using domestic third-generation DMTO technology. A new set of facilities comprising a 3.6 million tons per year DMTO-III unit for the production of olefins is being built; this is the largest single-unit facility of its kind currently under construction. Additionally, there will be a 100,000 tons per year EVA unit, a 300,000 tons per year LDPE unit, and a 300,000 tons per year HDPE unit. Auxiliary facilities such as recirculating water systems and tank areas will also be constructed as part of this project. **The MTP process technology upgrade project of Ningxia Coal Industry Company, part of the Energy Group, involves an investment of around 11.8 billion yuan. Once completed and put into operation, it will enable annual savings of 4.79 million tons of raw water, 860,000 tons of standard coal, and 100 million cubic meters of natural gas, while also reducing CO2 emissions by 2.2 million tons. The implementation of this project holds significant demonstrative value for establishing a modern coal chemical industry demonstration zone characterized by efficient utilization of raw materials, integration of various resources, coordinated efforts to reduce pollution and carbon emissions, the use of advanced and mature technologies, and high-quality product lines. Following the implementation of the upgrades, the number of downstream products derived from propylene decreased, while those derived from ethylene increased. The development of HDPE, LDPE, and EVA products as downstream products of ethylene is in line with the trends in the chemical products market. It not only enhances Ningxia Coal Industry Company’s influence in the market for differentiated coal chemical products, but also improves the company’s ability to extend, complement, and strengthen its coal chemical industry chain, thereby contributing to the company’s high-quality development.