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Yan’an Petroleum’s Integrated Project for Coal-Based New Materials in Tacheng – Author/Source: Modern Coal Chemical Industry; Date: May 12, 2023; Clicks: 24. Recently, a meeting of the Tacheng regional party committee called for accelerating the progress of Yan’an Petroleum’s integrated project for coal-based new materials in Tacheng, with the aim of strengthening the region’s energy and chemical industry and boosting local economic development. It is necessary to plan the industrial layout from a high starting point, adhere to the combined processing of coal and oil (natural) gas as well as complementarity between hydrocarbons, scientifically plan the upstream and downstream industrial chains, promote the systematic integration of projects such as coal-to-gas conversion, hydrogen production, petroleum and natural gas utilization, salt chemical industry, and photovoltaic glass, and drive the clustered development of the industry in all aspects. It is necessary to strengthen cooperation with Shaanxi Yanchang Petroleum, advance efforts to \"extend chains, supplement chains, build chains, and strengthen chains,\" link various elements together to form a cohesive whole, and work to develop the industry into a stronger and more distinctive entity by creating industrial clusters. On March 13, the Tacheng Region and Shaanxi Yanchang Petroleum Group held a discussion on the construction of coal-based new material integration projects on site in Tacheng City, and also went to the proposed construction site for inspections. The two sides had in-depth discussions on smart coal mine projects, coal chemical projects, coal power projects, new energy projects, and more. Yan’an Petroleum Group stated that the Tacheng region boasts significant geographical advantages, abundant resources, and broad development prospects. With its long history, strong capabilities, and advanced technology, Yan’an Petroleum Group is well-positioned to collaborate with local partners in order to achieve mutual benefit. By focusing on coal-based new material integration projects, the aim is to create a low-carbon industrial park for such materials. The total investment planned for this project is 62.8 billion yuan; upon completion, it is expected to generate an annual output value of around 40 billion yuan, as well as annual tax revenues of 2.4 billion yuan. It will also create more than 5,000 direct job opportunities. On September 19, 2022, the Administrative Office of Tacheng Region in Xinjiang signed a strategic cooperation framework agreement via online means with Shaanxi Yanchang Petroleum (Group) Co., Ltd. and Xinjiang Tianye (Group) Co., Ltd. The three parties held discussions to further accelerate comprehensive and in-depth strategic cooperation in the coal, petrochemical, and new energy industries, and signed agreements online. Aibin, the deputy head of the people’s government of Tacheng Region and Bukhsar Mongol Autonomous County, said: “Tacheng Region, Shaanxi Yanchang Petroleum Group, and Xinjiang Tianye Group have signed a tripartite framework agreement to carry out comprehensive strategic cooperation in areas such as oil and gas resources, coal resources, new energy, and new materials. This signing ceremony lays a solid foundation and provides strong support for the implementation of these projects.”