Investment of over 20 billion yuan! Phase II of Gansu Zhihui Green New Energy’s project for the grading and quality separation of 10 million tons of low-grade coal along with its integration with new energy sources has commenced
Thread Content
On June 30, 2026, the completion ceremony for Phase 1 and the commencement ceremony for Phase 2 of the demonstration project undertaken by Gansu Zhihui Green New Energy Co., Ltd., which aims at the clean and efficient utilization of 10 million tons per year of low-grade coal through sorting and quality differentiation, as well as the integration of this process with new energy sources, were held in grand style at the Liugou Coal Chemical Industry Park in Guazhou County, Jiuquan City. It is understood that this project is the first integrated demonstration project in Gansu Province for the clean and efficient utilization of low-grade coal across the entire value chain. It was invested in and constructed by Gansu Zhihui Green New Energy Co., Ltd. With a total investment of 24 billion yuan, it has been listed as one of Gansu Province’s key investment projects for 2023, as well as a major construction project for the years 2024, 2025, and 2026. The project is constructed in two phases: Phase 1 mainly involves the construction of a 3 million tons per year lump coal pyrolysis unit, 2×100 MW power generation and comprehensive utilization units for pyrolysis exhaust gases, supporting by-product recovery facilities, as well as sewage treatment and related auxiliary production facilities ； The second phase includes the construction of a 4 million tons per year peat coal pyrolysis unit and a 600,000 tons per year coal tar upgrading unit, among others. On September 25, 2023, the project officially commenced construction in the Liugou Coal Chemical Industry Park in Guazhou County, Gansu Province. In December 2024, the pyrolysis unit of Phase 1 was successfully completed, and the installation of the main structures was finished. At the beginning of 2025, the project entered the trial production phase and progressed smoothly. Among them, the 3 million tons per year low-grade coal pyrolysis unit in Phase 1, along with the sewage treatment facilities and related auxiliary production systems, will be completed and put into trial operation by the end of 2025; the 2×100 MW power generation facility utilizing pyrolysis exhaust gases will be completed and put into trial operation in July 2026. The simultaneous commencement of Phase 1 and Phase 2 by CCCC indicates that the project construction has entered a new stage. According to the available information, Gansu Zhihui Green New Energy Co., Ltd. was established on July 7, 2022, with its registered address located in Liugou Coal Chemical Industry Park, Guazhou County, Jiuquan City, Gansu Province. The company’s registered capital is 350 million yuan. The company is dedicated to the clean and efficient utilization of coal on a graded and quality-based basis in the field of modern coal chemical industry, as well as the research, development, and production of new energy products. It makes full use of the regional advantages in coal resources and wind and solar energy resources, and relies on its technical expertise in the clean and efficient utilization of low-grade coal to establish a circular economy industrial chain involving coal, electricity, oil, gas, and chemicals, while also fostering coordinated development with the new energy industry.
Congratulations! A project worth 20 billion is indeed big news. The project for the clean and efficient utilization of low-grade coal in Gansu boasts a significant scale of investment as well as great demonstrative value for the industrial chain. In particular, the approach of integrating it with new energy sources seems to represent a potential direction for reducing carbon emissions in the chemical industry in the future. However, I’d like to add a few personal opinions for everyone to discuss and consider: Funding and construction timeline: The total investment of 24 billion is indeed a substantial amount. The successful completion of Phase 1 indicates that the preliminary financing and construction planning were quite good. However, for a project of such scale, it remains important to keep an eye on whether the subsequent cash flow will be stable, and whether fluctuations in coal prices will affect the project’s economic viability. It is recommended to check the shareholder background of this project as well as its future financing plans. Technical approach and market prospects: The graded and differentiated utilization of low-grade coal involves first extracting the oil and gas components from the coal, and then processing the semi-coke. This technology has been implemented in multiple demonstration projects in China; however, there are many challenges to its commercial operation (such as pyrolysis efficiency, the quality of by-products, and the market competitiveness of downstream chemical products). Only if the project can truly integrate the entire industrial chain, and if the chemical products produced (such as coal tar, phenols, hydrogen, etc.) have stable markets and price advantages, will it truly generate benefits. Environmental and policy risks: The project is located in Guazhou, Gansu, where the local environmental carrying capacity and water resources are matters of concern. Although it is mentioned as “clean and efficient utilization” and “integration with new energy sources,” what are the actual levels of energy consumption, water usage, and pollutant emissions? Are there specific figures provided in the environmental impact assessment report? It is recommended that the original poster or knowledgeable forum members provide additional information regarding the project’s environmental approval, so that everyone can have a better understanding when discussing it. In short, it’s a major initiative; I hope it can progress smoothly and become a benchmark for the industry! As for the specific details, we still have to wait for the subsequent official review reports and market data.
【Ten Years of Rapid Development in Chemical Engineering Equipment】Disruptive transformation from 3182 to 2026: The industry’s first intelligent upgrade project for 5.5-meter ramming coke ovens https://bbs.hcbbs.com/forum.php?mod=viewthread&tid=5725339 (Source: Haichuan Chemical Industry Forum (HCBBS))
【HaiChuan Safety Discussion】Hidden Dangers Around Us – Lack of Reliable Fixing Supports Under Suspended Platforms https://bbs.hcbbs.com/forum.php?mod=viewthread&tid=5725606 (Source: HaiChuan Chemical Industry Forum (HuaHaiChuanLiu hcbbs))
【Ten Years of Great Development in Chemical Industry Equipment】3185-2026: China’s first large-scale communication and command vehicle for hazardous chemical rescue was put into use at Daqing Petrochemical. https://bbs.hcbbs.com/forum.php?mod=viewthread&tid=5725686 (Source: Haichuan Chemical Forum (Huahai Chuanliu hcbbs))
There are many new projects, but unfortunately it’s not possible to get in touch with them