The capture cost is only 105 yuan per ton! The coal chemical industry’s carbon dioxide capture project with the lowest domestic costs has gone into operation!

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On June 30, Yanchang Petroleum Group held a launching ceremony for the 300,000 tons per year carbon capture project at its Yulin Coal Chemical Company. This project is the coal chemical carbon capture project with the lowest energy consumption and costs in the country; its capture cost is only 105 yuan per ton. It can reduce carbon dioxide emissions by 300,000 tons per year, which is equivalent to planting 16.68 million trees. It is understood that the 300,000 tons per year carbon capture facility project of Yulin Coal Chemical Company under Yanjiang Petroleum uses high-purity carbon dioxide produced by the coal-to-methanol plant and related facilities as raw material; through compression and condensation, liquid carbon dioxide with a purity of 99.6% is produced, and the cost of carbon capture is only 105 yuan per ton. All of the captured carbon dioxide is used for CO2-enhanced oil recovery and geological storage in the oil fields operated by Sinopec, thereby enabling coordinated development between the manufacturing sector and the extraction industry. This approach results in a reduction of 300,000 tons of carbon dioxide per year, which is equivalent to planting 16.68 million trees, demonstrating a significant impact in terms of emission reduction. At the same time, this project boasts significant advantages in terms of low energy consumption and low costs, which is of great significance for promoting the large-scale and commercial application of CCUS technology in our country.