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On July 3, Bayannur City in Inner Mongolia signed a cooperation framework agreement with Shanxi Meijin Energy Co., Ltd. Chang Zhigang, Secretary of the Municipal Party Committee; Zhang Xiaobing, Deputy Secretary of the Municipal Party Committee and Mayor; and Yao Jinlong, Chairman of Shanxi Meijin Energy Co., Ltd., attended the signing ceremony. At the meeting, the People’s ** of Bayannur City, the People’s ** of Ulaat Qian Banner, and Shanxi Meijin Energy Co., Ltd. signed a framework agreement for project cooperation. Under the agreement, Shanxi Meijin Energy Company will build a chemical recycling industry base for coking with an annual capacity of 5 million tons in the Ulaat Qianqi Industrial Park. The total planned investment for this project is 10 billion yuan, to be implemented in two phases. The first phase requires an investment of 2.87 billion yuan. The project covers an area of about 900 mu, and it will consume 2.7 million tons of raw coal per year as well as around 3.5 million tons of water per year. It mainly involves the construction of facilities for producing 2 million tons of compacted coke per year, along with facilities for producing 200,000 tons of methanol per year. Phase II mainly involves the construction of facilities for producing 3 million tons of rammed coke per year, along with supporting facilities for comprehensive utilization and further processing. Phase 1 of the project is scheduled to be completed by the end of 2021, while Phase 2 will be advanced gradually depending on the progress of capacity development. The project is undergoing the procedures for registration and approval.
The total planned investment is 10 billion yuan, to be implemented in two phases. The initial phase requires an investment of 2.87 billion yuan, with the project covering an area of about 900 mu. It’s clear that the aim is to acquire resources and land; the investment for the first phase accounts for just slightly over 1/4 of the total. Will a large amount of additional public facilities and infrastructure need to be built in the second phase as well? The annual consumption of raw coal is 2.7 million tons, and the annual water usage is around 3.5 million tons. The main facility to be built is one capable of producing 2 million tons of compacted coke per year, along with a facility for producing 200,000 tons of methanol per year. Can 2.7 million tons of raw coal produce 2 million tons of compacted coke? Can one ton of methanol be produced from the by-product waste gas generated per 100,000 tons of compacted coke?