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Xinjiang Xinye Polyformaldehyde Project Phase I and Phase II have passed the energy-saving review for process package procurement Author/Source: Coal Chemical Industry Information Network Date: 2023-05-06 Click rate: 19 Recently, Xinjiang Xinye Energy Chemical Co., Ltd. (referred to as "Xinye Energy Chemical") held a handover ceremony for the first phase of the 40,000 tons/year polyformaldehyde project with an investment of 1.298 billion yuan, marking that the polyformaldehyde project has officially entered the commissioning stage from the construction stage. The delivery of the polyformaldehyde project marks that the "modern coal chemical industry + clean energy + special fuels + fine chemicals + new chemical materials" circular industrial chain created by Xinye Group has grown in scale and level, and has become a veritable "chain master" enterprise in Xinjiang's modern coal chemical industry. It has won the opportunity in the "high-end and diversified" coal-based new materials, and has sounded the praises of Xinye Group. The clarion call of the times led by Tuan's modern coal chemical industry demonstration has played the clarion call of the times for Xinye Group to focus on the development of modern coal chemical industry. Qiangyin Xinye Energy Chemical's first phase of 40,000 tons/year polyformaldehyde project started construction in April 2021. The project includes 22 main items such as formaldehyde unit, TOX synthesis, dilute aldehyde recovery and dioxo pentacyclic unit, and 668 sets of process equipment. The project relies on the methanol resources of Xinye Nenghua and uses advanced foreign polymerization technology and equipment to produce a non-toxic and harmless new coal-based material - polyformaldehyde polymer resin. After the project is completed and put into production, it will fill the gap in polyformaldehyde products in Xinjiang, achieve annual operating income of 600 million yuan, and create 200 jobs. The second phase of Xinye Nenghua’s polyformaldehyde project with an annual capacity of 60,000 tons has passed the energy conservation review and is in the process of purchasing process packages. After the entire polyformaldehyde project is completed, it will form the largest polyformaldehyde production base in the northwest region. Xinjiang Xinye Energy currently uses the pressurized gasification of crushed coal of Saiding Company, methanol synthesis of Swiss Casali Company, formaldehyde technology of Swedish Perstop Company, and acetylenal BDO technology of American Invista Company to produce 60,000 tons of 1,4-butanediol, 500,000 tons of methanol, and 192,000 tons of liquefied natural gas. Project Review The 80,000 tons/year 40,000 tons polyformaldehyde phase I of Jiangguoye New Material Technology Co., Ltd. is a key investment project in Wujiaqu City, Xinjiang Sixth Division in 2022. It is located in the East Industrial Park of Wujiaqu City Economic and Technological Development Zone, with a total planned investment of 2.8 billion yuan. After the project is completed, it will fully rely on the advantages of abundant methanol resources and systematic resumption of low-pressure steam production to further extend the modern coal chemical industry chain, improve the comprehensive utilization efficiency of coal, and produce polyformaldehyde polymer resin products of non-toxic coal-based new materials - the world's third largest general-purpose engineering plastics, creating a large number of local jobs. Xinjiang Xinye Energy and Chemical Co., Ltd. (hereinafter referred to as the company) is located in * * Wujiaqu Economic and Technological Development Zone East Industrial Park, with a registered capital of 2 billion yuan and an area of 2,500 acres, was established in December 2009. It was approved by the State-owned Assets Supervision and Administration Commission of the Autonomous Region and jointly invested and established by Xinjiang Xinye State-owned Assets Management (Group) Co., Ltd. and its affiliated Xinjiang Xinye Shengrong Venture Capital Co., Ltd. It is a state-owned enterprise established and operated in accordance with the modern enterprise system. It is a state-owned large and medium-sized modern new coal chemical demonstration enterprise of "integrated development of military and land". The company has invested 6.5 billion yuan to complete the first phase of the 200,000 tons/year 1,4-butanediol fine chemical project and supporting projects and put it into operation, forming an annual production capacity of 60,000 tons of 1,4-butanediol, 500,000 tons of methanol, 192,000 tons of liquefied natural gas, 100,000 tons of methanol to produce high-clean gasoline and various by-products, and a 50,000 KW waste heat power generation capacity. The project adopts leading and mature technologies at home and abroad. It has the characteristics of "high economic conversion rate of coal, high input-output ratio and good scale efficiency", and leads the development direction of the modern new coal chemical industry. The company actively implements the development concepts of "lucid waters and lush mountains are valuable assets" and "environmental protection first, ecological enterprise construction", and has invested 1.27 billion yuan (accounting for 20.16% of the total investment) in the construction and upgrading of environmental protection facilities to ensure that the treatment of "waste gas, waste water, and noise" is better than * * Environmental standards.