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Yanzhou Coal Industry Ordos Energy Chemical Company was grandly inaugurated

2009-12-24View Original

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Following the successful acquisition of Australian Felix Resources Ltd., the group company has also established a strong foothold in Ordos, the region with the richest coal resources in China. On December 23, the inauguration ceremony for Yanzhou Coal Industry Ordos Energy Chemical Co., Ltd. was held in Ordos City, marking the entry of the group’s coal, electricity, and chemical integration development project in Ordos into its practical implementation phase. Ji Binchang, deputy director of the State-owned Assets Supervision and Administration Commission of Shandong Province, on behalf of Wang Renyuan, executive vice governor of Shandong Province, and the provincial SASAC, congratulated the establishment of Yanzhou Coal Industry Ordos Energy Chemical Company and unveiled its plaque. Wang Xin, Deputy Chairman of the Board of Directors, General Manager, and Deputy Secretary of the Party Committee of the group company, along with Deputy General Managers Zhang Minglin, Li Weimin, and He Yechu*, attended the unveiling ceremony. At the unveiling ceremony, Wang Xin said that Yankuang Group is a large state-owned enterprise in Shandong Province. It possesses core technologies in areas such as fully mechanized caving mining, coal gasification, coal-to-methanol production, and coal-to-oil production, all of which are at an internationally leading level and covered by independent intellectual property rights. The group has strong financial resources, advanced technical capabilities, and a robust pool of talent, giving it the strength and experience to comprehensively develop external coal resources. The establishment of Yanzhou Coal Industry Ordos Energy Chemical Company marks an important step forward for Yankuang Group in its involvement in the comprehensive development of coal, electricity, and chemicals in Ordos. Yankuang Group will surely implement earnestly the \"Energy Strategic Cooperation Framework Agreement\" between the two provinces and regions. In accordance with the requirements of the autonomous region’s authorities as well as those of the Ordos Municipal Party Committee and **, it will accelerate the development of comprehensive coal, electricity, and chemical industry bases, establish a circular economy development model, promote coordinated development among the economy, population, resources, and the environment, and set an example of friendly cooperation between the two provinces and regions. It will fulfill the expectations and trust placed in it by the Inner Mongolia Autonomous Region and Ordos Municipal Party Committee and ** with outstanding results, making positive contributions to the economic and social development of Shandong and Inner Mongolia. Based on the Framework Agreement on Energy Strategic Cooperation signed between Shandong Province and Inner Mongolia Autonomous Region, on June 5 of this year, the group company signed a Framework Agreement on Comprehensive Development of Coal, Electricity, and Chemicals with Ordos City. Leveraging Ordos’ abundant coal resources and favorable investment environment, as well as its own strong economic strength, advanced technical capabilities, and management skills, the group company is involved in the development and construction of the Ordos Energy and Chemical Industry Base. Ordos Energy Chemical Co., Ltd. is a wholly-owned subsidiary of Yanzhou Coal Industry, with a registered capital of 1.5 billion yuan. Ordos City **has allocated coal resources with a reserve of 1.68 billion tons to develop coal chemical projects. The project is planned to commence construction with an annual production capacity of 1.8 million tons of coal-based methanol and derived olefins; the first phase involves a 600,000-ton methanol production facility along with 2 supporting mines. Ordos has more than 50 different types of mineral resources, among which the proven coal reserves amount to 149.6 billion tons, accounting for 1/6 of China’s total coal reserves. In recent years, Ordos City has made great efforts to develop a **-level energy and chemical industry base, with increasingly high entry requirements. The group company has won the favor of ** in Ordos City thanks to its strong advantages. Yun Guangzhong, the mayor of Ordos City, stated clearly after visiting the coal chemical complex of Yunguangzhong Group Company that Yankuang Group’s strong technical capabilities and development philosophy are truly impressive; we are confident in being able to work together with such an outstanding enterprise for mutual growth. According to the arrangements, after the establishment of Yanzhou Coal Industry Ordos Energy Chemical Company, Wang Shixin will serve as chairman, Li Weimin as vice chairman, and He Ye as general manager.
Reply #22009-12-24
Congratulations to Yanzhou Coal Industry for its significant development; as a native of Shandong, I am proud
Reply #32009-12-25
The original poster seems to know a lot about this project. Have the two supporting mines been built yet?
Reply #42009-12-25
Yankuang’s efforts to expand its territory have been successful. To develop, one must go out
Reply #52009-12-25
It’s good news! Yankuang’s coal chemical strategy is also beginning to show its potential
Reply #62009-12-25
Yankuang has been quite active recently. I’d like to know what construction projects Yankuang has in the central and western regions. What is the current stage of the first phase of the Ordos project, which involves 600,000 tons of methanol production? Also, is what I’ve heard about the “Yankuang Yulin coal-to-oil and power generation co-production” true?
Reply #72009-12-30
After being registered on December 18 and officially inaugurated on December 23, the management team of Yanzhou Coal Industry Ordos Energy Chemical Co., Ltd. quickly got to work, planning and arranging the next steps, with all tasks progressing simultaneously. On December 24, He Ye, General Manager of Ordos Energy Chemicals, convened the team members for their first work meeting. He conveyed the spirit of the speech delivered by Wang Xin, Vice Chairman of the Group’s Board of Directors, General Manager, and Deputy Secretary of the Party Committee, at the time the team was established. He assigned tasks to the existing staff, outlined the key priorities for future work, and identified the immediate goals of \"completing one task, accelerating another, and ensuring synchronization in two areas.\" The company established a dedicated task force to define the procedures for completing the transfer, clarify the approach, assign responsibilities, and ensure that the changes are implemented on schedule. They actively reached out to design firms, carried out extensive technical exchanges, and began preparations for tasks such as the project’s overall layout, site grading, and preliminary design. They also conducted early investigations and evaluations of potential technical approaches, as well as early inspections of key equipment, in an effort to get the project started as soon as possible. While accelerating the construction of the methanol plant, the company is actively seeking out coal mine design firms and geological survey agencies, and working on preparing the feasibility report for the coal mine, while simultaneously carrying out the preliminary preparations for its construction. At the same time, extensive and in-depth investigations were conducted into the local coal resources, and by taking advantage of the local policies regarding resource integration, as well as Yankuang Group’s financial and technical strengths, the group actively participated in the integration of local resources. At present, the entire company is working towards the established goals, with determination and cooperation, and all tasks are progressing rapidly and in an orderly manner.
Reply #82009-12-30
I hope the company keeps growing bigger and bigger, hehe
Reply #92009-12-31
Legend has it that many companies set up factories in Ordos with the ultimate goal of obtaining permits to sell coal
Reply #102009-12-31
Are there any good job openings at companies?
Reply #112009-12-31
Erdos is an ideal location for the development of coal chemical industry! And the environment is great too; shall we all go? ! ! !

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