Henan Jinkai Chemical Investment Holding signed an industrial gas supply contract with Hangyang Group Co., Ltd

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Henan Jinkai Chemical Investment Holding and Hangyang Group Co., Ltd. signed an industrial gas supply contract. Author/Source: Energy & Chemical News. Date: May 4, 2023. Clicks: 43. On April 19, Henan Jinkai Chemical Investment Holding Group and Hangyang Group Co., Ltd. held a ceremony to sign the industrial gas supply contract in Hangzhou. Xu Junhong, Chairman of Jin Kai Group; Guo Longfei, General Manager; Wang Junwei, Chief Engineer; Zheng Wei, Secretary of the Party Committee and Chairman of Hangyang Group Co., Ltd.; as well as Xu Di and Wang Dingwei, Deputy General Managers, attended the signing ceremony. Hangyang Co., Ltd. will invest in establishing a wholly-owned subsidiary, Kaifeng Hangyang Gas Co., Ltd. (provisional name), to build a new air separation unit with a capacity of 58,000 Nm3/h. This unit will supply the industrial gas products needed for the production processes related to the relocation, transformation, and upgrading of the old manufacturing facilities of Henan Jinkai Chemical Investment Holding Group Co., Ltd. The project is located on the north side of the Jin Kai Group’s factory complex at No. 1 Xincheng Road, Xiangfu District, Kaifeng City. The gas supply period will last for 20 years, and the construction timeline is 23 months after the signing of the gas supply contract; the total investment amount is approximately 408 million yuan. Recently, the environmental impact assessment report for the New Materials Project (Phase I) related to the relocation and transformation of the old factory site of Henan Jinkai Chemical Industry Investment Holding Group Co., Ltd. was approved by the Henan Provincial Department of Ecology and Environment. The old factory site of Henan Jinkai Chemical Industry Investment Holding Group Co., Ltd. is located in Shunhe Hui District, Kaifeng City. At present, this old factory area is surrounded by residential zones and markets, with a high population density. In accordance with the unified arrangements of the people’s government of Kaifeng City, Jinkai Group plans to carry out the Project for the Relocation and Transformation of the Old Factory Site into a new materials production facility (Phase I), which involves moving the entire old factory complex to a new location while simultaneously carrying out reforms and upgrades. This project eliminates the existing ammonia production capacity of 640,000 tons per year in the old plant site, and replaces it with a new facility having an ammonia production capacity of 450,000 tons per year. The main components of the project include the construction of one set of ammonia synthesis and methanol production facility (350,000 tons per year of ammonia synthesis, 100,000 tons per year of methanol), one set of melamine production facility (60,000 tons per year), one set of urea production facility for use in vehicles (300,000 tons per year), and one set of value-added urea production facility (412,500 tons per year). The project uses coal as raw material and employs a large-scale pressurized coal gasification process (with 2 new aerospace gasifiers) to produce synthetic ammonia, with methanol generated as a by-product. Melamine is produced using the high-pressure process; no urea production facilities are installed, and existing urea solutions are utilized instead to further process and produce vehicle-grade urea and value-added urea products. The total investment in this project is 2.979 billion yuan, of which 109.8 million yuan is allocated to environmental protection measures, accounting for 3.69% of the total project investment. The registration code for this project is 2201-410212-04-01-827080.