【Haichuan Chemical Salary News Sharing】Air Products of the United States invests in Zibo to produce high-purity hydrogen
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Recently, HydroCloud Chain learned from relevant sources that the ceremony for the centralized signing of key foreign-invested projects in Shandong Province was held in the format of a main venue, separate venues in various cities, and video connections between the representatives of the investors. A total of 92 projects from 16 cities across the province were signed in a centralized ceremony. Among the 6 foreign-invested projects signed in Zibo City, one is related to the hydrogen energy industry – specifically, the Hydrogen Energy Comprehensive Utilization Project in Huantai County ； It is reported that this project is funded by Air Products (China) Investment Co., Ltd., with a total investment of 18 million US dollars. It will utilize the excess chlorine-alkali by-product hydrogen from Dongyue Group, along with Air Products’ advanced purification technology, to produce high-purity hydrogen, and hydrogen refueling stations will be established and operated in Zibo City.
AP has taken the initiative to enter the hydrogen station market in China in order to seize a strategic position in the field of new energy.
Recently, it was learned from Shanxi Lu’an Mining (Group) Co., Ltd. (referred to as “Lu’an Group”) that on June 3, 2019, its subsidiary Shanxi Lu’an Chemical Co., Ltd. (referred to as “Lu’an Chemical”) held a signing ceremony for a capital increase project; 8 investors, including Air Products and Chemicals Inc. (China) Investment Co., Ltd., contributed a total of 460 million yuan to this capital increase. Luan Group is a state-owned coal mining enterprise group with a history of 60 years. In the process of state-owned enterprise reform, Lu’an Group shifted its core business from coal mining to chemicals. In February 2018, Lu’an Group contributed 1 billion yuan in cash to establish Lu’an Chemical, and subsequently transferred the state-owned equity of its 12 subsidiaries to the chemical company in two batches on a free-of-charge basis. To date, Lu’an Chemical has developed 270 different specifications and models of high-end fine chemicals across 5 categories and 54 types, making it a platform for the integration of the high-end coal chemical industry in Shanxi Province. Hu Jing, vice president of Air Products (China) Investment Co., Ltd., said that as one of the world’s largest suppliers of industrial gases and specialty chemicals, the company sold off its entire chemical business three years ago in order to focus on its gas supply operations. The capital increase for Lu’an Chemical is driven by the Group’s innovative approach to developing a clean energy industry chain, as well as its experience in collaborating with international companies and strategic partners. You Hao, chairman of Lu’an Group, said that many years ago, when the group was working on a demonstration project to produce 1.8 million tons of coal-to-oil per year, it entered into a partnership with Air Products and Chemicals Inc. Through capital increase and share expansion, the company’s equity structure has been further optimized and its asset scale has increased, laying a solid foundation for subsequent shareholding system reforms, attracting further investment, and corporate listing
Comprehensive Layout ==================== On March 15, the groundbreaking ceremony was held for the large-scale gas island project of Air Chemical Products (Hohhot) Co., Ltd., with a total investment of 4.7 billion yuan. This project is crucial for the smooth progress of Inner Mongolia JiuTai New Materials Company’s project to produce 1 million tons of coal-based ethylene glycol per year. It represents an important part of Tuoxian County’s efforts to advance key projects, and it marks a solid step forward in the county’s pursuit of building the largest, most technologically advanced, most profitable, and most dynamic industrial development zone in Inner Mongolia.
Chengzhi Co., Ltd./Air Products USA sign strategic cooperation framework agreement in Jingzhou – Yangtze River, nitrogen fertilizers and methanol. 2019-12-05 According to the Jingzhou Investment Promotion Center, on December 3, 2019, the Jingzhou Investment Promotion Center, Chengzhi Co., Ltd., and Air Products USA (China) Investment Co., Ltd. signed a strategic cooperation framework agreement in Beijing. By relying on the construction and development of the Jingzhou Jiangling Green Energy Chemical Industry Park, coal chemical and industrial gas projects are carried out to promote the clean and efficient use of coal, thereby contributing to the high-quality development of the coal chemical industry in the Jingzhou area. In accordance with the framework agreement, and by taking into account the development strengths and needs of all three parties, Chengzhi Co., Ltd. and AP (China) plan to invest in coal-to-methanol facilities and related downstream plants, as well as industrial gas production facilities such as those for coal-to-hydrogen, syngas, and air separation. The actual scope and scale of investment will be adjusted based on the industrial chain outlined in the park’s planning and overall market demands.
As for this park, there is only a \"Strategic Cooperation Framework Agreement\" at present; the key issue is that there are few potential users for it.
Hydrogen energy is moving toward hydrogen refueling stations, but even with subsidies, it remains difficult to achieve economic viability. The safety of hydrogen-powered vehicles poses a challenge; is there any new direction for hydrogen energy?
Jingzhou has several coal chemical industries, which are important terminals for the Menghua Railway
It might be a problem with the messaging interface; currently, CNPC and Sinopec plan to invest nearly a trillion in the development of hydrogen energy