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Dear everyone, I would like to ask about the coal chemical project of Pan Hai Group, which is capable of producing 3.6 million tons of methanol and 1.2 million tons of olefins per year. What is the progress on the first phase of this project, which aims to produce 600,000 tons of methanol per year? Thank you all.
Pan Ocean Group used its 5% stake in Lenovo Holdings to secure trust financing of 500 million yuan, which was invested in the Baotou coal chemical project operated by its subsidiary Pan Ocean Energy.
Reply to 2# wxalloy: I’m not quite familiar with this; please forgive me. What is the relationship between this and the project progress?
The Panhai Coal Chemical Project was initiated in 2007, but progress has been slow. Several cross-industry investment projects are like this, such as Lenovo’s coal chemical project. The Panhai Coal Chemical Project is currently in the feasibility study phase, specifically for coal-to-olefins.
Reply to 4# youngtony: Thank you, thank you! I’ve learned a bit more; I learned something new today as well
Hehe, Fanhai has money and people now; the project must be progressing smoothly, right? I hope someone who knows about this can give some information
The project is currently just at the stage of marking out the land; construction has not yet begun. The project management office is located in Baotou, and it’s yet another project that’s meant to deceive people
Thank you all very much; it’s been enlightening. The current large-scale development of coal chemical and energy chemical industries in China may represent an opportunity for certain sectors.
Detailed design has begun, I guess... It seems to be carried out by the First Institute of Chemistry
Please provide detailed information, thank you》》》》》》》》》》》》》
It was designed by Tianchen, and the review has already been completed.