15 key projects of Henan Coal Chemical Group commence construction, with a total investment of 22.367 billion yuan

So many items. I hope this can be implemented as soon as possible. Those who want to learn more about the situation are encouraged to speak up: handshake

Could the details for each project be more specific? Thank you!

Key projects launched in 2009: 1. Yongmei Shunhe Coal Mine: The Shunhe Coal Mine is located in Yongcheng City, with a designed production capacity of 600,000 tons per year. The total estimated investment for the project is 835 million yuan; 169 million yuan is planned to be invested in 2009, with commissioning scheduled for February 2013. Upon completion, it is expected to generate annual sales revenue of 300 million yuan and profits and taxes of 160 million yuan. 2. Yongmei Yonghua Energy Guocun Coal Mine: The Guocun Coal Mine is located within the territory of Yanshi City. The designed production capacity of the mine for this project is 600,000 tons per year, with a designed service life of 36.1 years. The total investment for the project amounts to 689 million yuan, of which 67 million yuan is planned to be invested in 2009. It was officially completed and put into operation in February 2012, generating annual sales revenue of 270 million yuan and profits and taxes of 100 million yuan. 3. Zhao Gu No. 2 Coking Coal Mine: Located in the southeastern part of the Zhao Gu mining area, this mine has extractable reserves of 140 million tons. The project is estimated to cost 1.692 billion yuan; the designed production capacity of the mine is 1.8 million tons per year, with a service life of 55.5 years. In 2009, an investment of 292 million yuan was planned, with the project scheduled to begin operations in September 2010. It was expected to generate annual sales revenue of 900 million yuan and profits and taxes of 450 million yuan. 4. Renovation and expansion of Yongmei Xilongda mine: The Dazhong mine is located in Tongzhi Town, Anyang County. Its original designed production capacity was 300,000 tons per year; after expansion, the production capacity has increased to 1.2 million tons per year. The total estimated investment is 1.006 billion yuan; 0.16 billion yuan is planned to be invested in 2009, with commissioning scheduled for September 2013. Upon reaching full production capacity, the project can generate an annual output value of 560 million yuan and profits and taxes of 300 million yuan. 5. Yongmei Sino-New Chemical’s 600,000-ton per year methanol production facility – phase 1: Sino-New Chemical is located in the chemical industry park to the south of Huojia County, Xinxiang City. The technology used in this project is the advanced HT-L dry coal pressurized gasification technology, which was developed by the Aerospace Research Institute and features independent intellectual property rights. It represents the first industrial-scale application of the “Aerospace Furnace” technology developed in China. This project has been designated by the National Development and Reform Commission as a high-tech project related to circular economy during the 11th Five-Year Plan period. The total investment for the project is 3 billion yuan. Once the first phase is completed and put into operation, it will have an annual methanol production capacity of 350,000 tons, with a construction period of two and a half years. In 2009, an investment of 710 million yuan was planned; commissioning of the plant was scheduled for December 2010. The annual sales revenue was expected to reach 1.05 billion yuan, with profits and taxes amounting to 300 million yuan. 6. The first phase of Yongmei Yongyin Chemical’s 400,000-ton PVC integrated chemical plant: The Yongyin Chemical project is located in Wuyang County, Luohe City. The design capacity of Phase 1 of the project is 200,000 tons per year of caustic soda and 240,000 tons per year of PVC, with an estimated investment of 1.4 billion yuan. In 2009, an investment of 478 million yuan was planned, with the project scheduled to be completed and put into operation in September 2010. The company achieved sales revenue of 2 billion yuan and profits and taxes of 400 million yuan that year. 7. Yongmei Longyu Coal Chemicals Phase II: The Longyu Coal Chemicals project is located in Yongcheng City. Phase II involves a production facility for acetic acid with an annual capacity of 400,000 tons. The total investment in this project is 4 billion yuan, and the construction period is 30 months. In 2009, an investment of 107 million yuan was planned. The project is scheduled to go into operation in 2012, generating annual sales revenue of 1.8 billion yuan and profits and taxes of 600 million yuan. 8. Phase 1 of the Heemei 1.2 million-ton methanol project: The construction scale for Phase 1 of this project is 600,000 tons, with an area of 36 hectares; the total investment for Phase 1 amounts to 3.555 billion yuan. In 2009, an investment of 1.6 billion yuan was planned, with the project scheduled to go into operation in December 2010. It was expected to generate annual sales revenue of 1.8 billion yuan and profits and taxes of 500 million yuan. 9. Hebi Coal Chlor-alkali Circular Economy Demonstration Project: The Hebi Coal Chlor-alkali Circular Economy Demonstration Project is located in Hebi City. The total investment for this project is 514 million yuan. In 2009, an investment of 146 million yuan was planned. Once the project is operational, it will be able to generate annual sales revenue of 900 million yuan and profits and taxes amounting to 300 million yuan. 10. 200,000-ton coking coal ion-exchange membrane caustic soda project: The project is located in the western industrial cluster area of Jiaozuo City. The estimated total investment is 979 million yuan. The construction scope includes 200,000 tons per year of ion-exchange membrane caustic soda, 40,000 tons per year of liquid chlorine, 60,000 tons per year of industrial synthetic hydrochloric acid, 60,000 tons per year of trichlorosilane, along with corresponding supporting facilities. The project construction period is 14 months. An investment of 128 million yuan is planned for 2009, with completion and operation scheduled for September 2010. The project is expected to generate annual sales revenue of 1 billion yuan and profits and taxes of 300 million yuan. 11. Zhongyuan Dahuahua’s 200,000-ton ethylene glycol project: The project is located in the industrial cluster area of Puyang City, with a total investment of 1.5 billion yuan and a construction period of 18 months. In 2009, an investment of 50 million yuan was planned, with completion and operation scheduled for August 2010. That year, sales revenue reached 1.4 billion yuan, with profits and taxes amounting to 400 million yuan. 12. Zhongyuan Dahuahua’s 55,000-ton capacity 1,4-butanediol production project: This project is located in the industrial cluster area of Puyang City. The total investment required for it is 430 million yuan, with a construction period of 15 months. An investment of 41 million yuan is planned for 2009, with completion and operation scheduled for May 2010. Annual sales revenue was 867 million yuan, with profits and taxes amounting to 200 million yuan. 13. Gas Company’s 200,000-ton acetic acid project: The project is located within the Yima Gasification Plant; it utilizes low-pressure carbonylation of methanol to produce acetic acid, with an annual production capacity of 200,000 tons. The total estimated investment for the project is 1.243 billion yuan; 850 million yuan is planned to be invested in 2009. Operation is scheduled to begin by the end of July 2010, with annual sales revenue of 900 million yuan and profits and taxes of 300 million yuan. 14. 4,500-ton coking coal cement clinker production line: A new type of cement clinker production line capable of processing 4,500 tons of coking coal per day, equipped with low-temperature waste heat power generation facilities. The total estimated investment amounts to 514 million yuan; 146 million yuan is planned to be invested in 2009. Completion and operation are scheduled for June 2010, with annual sales revenue of 350 million yuan and profits and taxes of 100 million yuan. 15. Coking coal 1,000-ton polysilicon project: The project’s capacity is 1,000 tons per year, with an estimated investment of 790 million yuan. The first phase, with a capacity of 300 tons per year, began construction in May 2008 and started trial production in December 2008. The second phase has a capacity of 700 tons per year, with a construction period of 10 months. The estimated total investment is 576 million yuan; trial production will begin by the end of 2009. The annual sales revenue is expected to reach 1 billion yuan, while profits and taxes will amount to 400 million yuan.

When will the coal chemical industry become profitable? Getting out of this downturn is the key; it’s pitiful for us employees who work in this sector:L

It seems that Henan has developed quite well in recent years, with a growing emphasis on industry. As someone from Henan, I’m quite proud of that; it would be even better if I could contribute more to my hometown!