Review Meeting on the Foundation Design of the Purification Unit for the Coal-Based New Materials Project at Hami Xinneng Coal Chemical Co., Ltd

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Recently, a review meeting for the foundation design of the purification unit for the coal-based new materials project at Hami Xinneng Coal Chemical Co., Ltd. was held at Tianchen Company. The conference invited 10 well-known industry experts to review various professional design documents related to process flow, equipment selection, safety and environmental protection, as well as investment estimates. The owner emphasized that all design units should make thorough preparations, humbly heed the experts’ opinions, and proceed with their work in a pragmatic and efficient manner, so as to lay the firmest possible foundation for the subsequent detailed design and construction of the purification facility. The Tianchen Company’s Hami New Energy project team stated that, as the entity responsible for the basic design of the purification systems, it will strictly follow the feedback provided by the expert group to further optimize and refine the basic design, ensuring that key indicators such as sustainability, environmental protection, energy consumption, material usage, and emissions of waste all meet industry-leading standards. At the same time, the project team will make full use of its advantages in technology, management, resources, and experience to accelerate the project progress, striving to turn the coal-based new materials project into a benchmark project in Xinjiang’s coal chemical industry. The experts attending the meeting listened to a presentation by Tianchen Company’s project team on the basic design of the purification unit, carefully reviewed the design documents for this unit’s foundation, and, drawing on their extensive experience in design, safety, environmental protection, and operational aspects, provided guiding suggestions and recommendations regarding the foundation design. Next, the project team of Tianchen Company will work together with Hami New Energy Coal Chemical Company to carefully examine and analyze the experts’ suggestions, and promptly complete the revisions and improvements to the design documents, thereby laying a solid foundation for the smooth progress of the project. The coal-based new materials project of Hami Xinneng Coal Chemical Co., Ltd. uses raw coal from Santanghu Coal Mine as a feedstock, and employs pressurized dry powder gasification technology via the waste boiler process to produce methanol. Downstream, the domestically developed MMA route is used to manufacture coal-based new materials such as MMA/PMMA, SAP, acetic anhydride, and polyoxymethylene. The project consumes 3.0558 million tons of coal per year. The total investment required for its construction is 17.13 billion yuan, of which 14.557 billion yuan is allocated to the construction costs (excluding value-added tax). The project is planned to be constructed in phases, with the initial phase involving the construction of a methanol production facility with an annual capacity of 1.2 million tons. The project construction includes an air separation unit, a gasification unit, a purification unit, a methanol unit, an acetic acid unit, a formaldehyde unit, a polyformaldehyde unit, an SAP unit, an acetic anhydride unit, an MMA unit, and a PMMA unit. Xinjiang Energy (Group) Co., Ltd. was officially established in August 2023. Approved by the Party Committee and People’s Government of the autonomous region, it was formed through the merger and restructuring of the former Xinjiang Energy Group and Xinjiang New Energy Group. With a registered capital of 20 billion yuan, it is a key state-owned energy enterprise in the region, tasked with promoting the high-quality development of Xinjiang’s energy industry and ensuring energy security. As of the end of June 2024, the group’s total assets amounted to 43.3 billion yuan, with over 2,200 employees. It has 31 subsidiary companies, including 1 listed company (Li New Energy, stock code 001258). It is mainly engaged in coal mining, the development and utilization of wind, solar, and oil and gas resources, as well as activities related to energy conservation, environmental protection, and energy services. It possesses the only **-level postdoctoral research station in Xinjiang dedicated to research in the field of coal chemistry, and its long-term credit rating is AAA. Hami New Energy Coal Chemical Co., Ltd. was established on November 11, 2022. It is a wholly-owned subsidiary of Xinjiang Energy Group, with a registered capital of 60 million yuan. As of August 31, its total assets amounted to 69.8219 million yuan, total liabilities to 9.8219 million yuan, and owner’s equity to 60 million yuan. Hami Xinneng Coal Chemical Co., Ltd. is primarily responsible for the clean and efficient utilization of the group’s coal resources, as well as promoting the industrial development and advancement of new energy and new material industries based on coal.