Yutianhua achieved major breakthrough with 1.4 million tons of methanol

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Yutianhua's 1.4 million-ton coal-to-methanol resources comprehensive utilization project is the largest local coal chemical project in Yulin City and is the first project in Shaanxi Province.* * The key projects of concern are also key projects for Yutianhua to achieve industrial upgrading and industrial structure adjustment. The first phase of the project is 600,000 tons, located in the C18 plot of Yuheng Industrial Park, with a total area of ​​67.5306 hectares. The total investment of the project is 4.048 billion yuan, and it is planned to be ready for commissioning on August 1, 2011. After the project is completed, it can achieve annual sales revenue of 1.859 billion yuan, profit of 704 million yuan, and taxes of 420 million yuan. 　　Since the project was announced to start on April 28, 2008, all work on the project has been progressing hand in hand and has achieved remarkable results, laying an important foundation for the decisive victory of project construction and achieving six major breakthroughs.: 　　——All formalities for the construction of the coal chemical project have been completed, clearing obstacles for the smooth progress of the project construction. Not only are the procedures for large-scale coal chemical projects complicated, but the approval procedures are also complex and extremely difficult. Through the coordination and unremitting efforts of many parties, Yutian Chemical Company has successively completed relevant procedures such as project environmental assessment, safety assessment, soil and water conservation plan, water resources demonstration report, geological and seismic assessment, and overburden mineral assessment. In terms of project land, it has completed pre-examination, unified acquisition, forest land conversion and other procedures, and obtained the provincial * * Land use approval. 　　——The supporting coal resources have been put in place and have entered the substantive development stage, completely solving the key resource issues of the coal chemical project. On September 19, 2008, Yutianhua and Shaanxi Nonferrous Metals Group signed an agreement to jointly develop the Hanglaiwan Mine Field. On December 18, 2008, the two parties established Shaanxi Nonferrous Yulin Coal Co., Ltd., elected a board of directors, appointed managers, clarified the division of labor, implemented responsibilities, and entered the substantive implementation stage. The planned construction period is 27 months, with an annual output of 8 million tons of high-quality coal. The mining area survey has been completed and site selection is in progress. Construction is planned to start in April and an investment of 600 million yuan will be completed within the year. 　　——The five key production technologies were finally finalized, promoting the comprehensive rollout of design work and providing strong technical support for project construction. On September 2, 2008, Yutianhua officially signed a project design entrustment contract with Hualu Engineering Technology Company (No. 6 Chemical Engineering Institute). After extensive investigation and in-depth technical exchanges, five key production technologies including gasification, low-temperature methanol washing, air separation, sulfur recovery, and synthesis were finally determined. It is planned to complete the preliminary design by the end of May. Of the five key production technologies, two have reached the domestic advanced level and three have reached the international advanced level. Among them, multi-component slurry pressurized gasification technology was developed by Northwest Chemical Research Institute ； Low-temperature methanol washing technology was developed by Dalian University of Technology ； The compressed oxygen production process within the air separation adopts a third-party gas supply model and has reached a technical agreement with the French Air Liquide Group, a Fortune 500 company. ； The sulfur recovery technology adopts the ultra-optimal Claus sulfur recovery technology developed by the Dutch company Hofeng. ； The synthesis technology adopts the internationally advanced David methanol synthesis technology. 　　——Significant progress has been made in ordering key equipment and equipment with long production lead times. According to the project completion schedule, ordering of key equipment and long-term production cycle equipment will be started in advance. At present, the three major parts of gasification: the gasifier, the lock hopper, the scrubber, and the boiler have completed the bidding and ordering and have entered the production process. ； Complete the technical specifications of steam turbines and generators and issue bids. It is planned to complete the bidding by the end of March and deliver them for manufacturing. ； Bidding preparations for long-term equipment such as synthesis towers, syngas combined compressors, ice machines, and high-pressure coal slurry pumps are in progress, and the bidding and ordering is planned to be completed in April. ； Bidding and ordering work for other long-term equipment will be carried out on a monthly basis. At the same time, professional and technical personnel are dispatched to equipment manufacturers to supervise production and expedite delivery. 　　——The financing work has made breakthrough progress, which has solved the worries for project construction. In view of the company's good performance and reputation, an 800 million yuan loan from the Bank of China has been implemented. Agricultural Bank of China's 2.1 billion yuan, China Construction Bank's 1.8 billion yuan, and Hua Xia Bank's 800 million yuan loan have been submitted to the head office for approval through the provincial bank, and are expected to be implemented by the end of March. 　　——The countdown to the full start of construction begins, and the on-site civil construction is about to become a battle. * * . According to the overall progress of project construction, it is planned to complete the underground pipe network project by the end of April, complete the bidding for installation and construction units and supervision units by the end of May, complete the civil construction of the boiler power station by the end of August, and complete the civil construction of the coal preparation system, gasification, conversion, purification, compression, synthesis, sulfur recovery, and distillation within the year. Equipment installation began in September, and the installation of the arriving equipment and distillation steel structure was completed by the end of the year. 　　The focus of the next stage of work: Grasp design progress and quality control ； Carry out equipment supervision and expediting work ； Make overall arrangements for project construction and regain progress ； Fully prepare for production, intervene early, conduct extensive training, and make key breakthroughs ； Increase efforts to prepare for transportation ； Further improve project financing work ； Grasp the dynamics in advance and do a good job of on-site coordination ； Ensure that supporting coal mines and coal chemical projects are carried out simultaneously. 　　In the face of the major breakthroughs made in the coal chemical project, Han Delin, Party Secretary and Chairman of Yutianhua and Commander-in-Chief of the 1.4 million-ton coal-to-methanol project headquarters, said that from the day the plant was built, Yutianhua has taken the construction of Yulin energy and chemical base as its own responsibility and aims to build a localized Yulin energy and chemical group.