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Recently, Zhongtian Hechuang Energy Co., Ltd., which was established with funding from China National Coal Energy Group Co., Ltd., Sinopec Corporation, Shanghai Shenneng (Group) Co., Ltd., and Inner Mongolia Manshi Coal Group Co., Ltd., was inaugurated in Hohhot, Inner Mongolia. This marks the entry of China’s largest coal-to-dimethyl ether project – the Ordos 3 million tons per year dimethyl ether project – into a phase of rapid development. It is understood that this project is the largest dimethyl ether project in China to date, integrating coal, electricity, and coal chemical product production as well as pipeline transportation; it is also the world’s largest project for producing alcohols and ethers from coal. The total investment in the project is 43 billion yuan. Its main components include a coal mine with an annual production capacity of 25 million tons, a methanol plant with an annual output of 4.2 million tons, a dimethyl ether plant with an annual capacity of 3 million tons, as well as supporting facilities such as a combined heat and power plant, pipelines for transporting products from Ordos to Jing Tang Port in Tangshan, and dedicated railway lines for the mining area. It is reported that the initial registered capital of Zhongtian Hechuang is 500 million yuan, with China Coal Group and Sinopec each holding 38.75% of the shares, Sheneng Group holding 12.5%, and Manshi Group holding 10%. This project is a demonstration project included in the medium- to long-term development plan for the coal chemical industry; it will use the most advanced process technologies available in the world to produce the clean energy source dimethyl ether. This post was last edited by kaisl1314 on 2008-7-2 09:39.]
It seems that Ordos is about to become China’s chemical industry hub~!