Yuneng Group plans to build an integrated project for producing million-ton-scale aromatics and polyester fibers from coal
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Yuneng Group plans to build an integrated project for the production of million-ton-scale aromatics and polyester fibers from coal. Shaanxi Yulin Energy Group Co., Ltd. announced that on November 29, a review meeting for the feasibility study report of Yuneng Group’s project for the clean conversion of coal into million-ton-scale aromatics and polyester fibers was held in Beijing. After their review, the expert group unanimously agreed that the project meets the requirements of **industry access policies and the development trends of modern coal chemical industry. It is of great significance for ensuring **energy security and the stability of industrial chains and supply chains, promoting industrial transformation and upgrading in the western regions, and accelerating Yulin’s efforts to become a **pilot area for energy revolution innovations. They recommended that further efforts be made to ensure the necessary resources and that the project’s construction be advanced promptly. Yuneng Group stated that the construction of the integrated project for the clean conversion of coal into million-ton-scale aromatics and polyester fibers will further enhance the connectivity among various chemical manufacturing projects within the company. It will help accelerate the development of a high-value fine chemical industry cluster in Yuneng characterized by vertical integration, horizontal coordination, green and low-carbon practices, and efficient operation, thus pushing the company forward toward its goal of becoming a modern energy and chemical enterprise that is leader in its industry, top-tier in China, and competitive on the international stage.
【Ten Years of Rapid Development in Chemical Equipment】From 2024 to 2079, Sinopec will build the world’s first digital twin smart ethylene plant in the chemical industry. https://bbs.hcbbs.com/forum.php?mod=viewthread&tid=5675560 (Source: Haichuan Chemical Forum [Haichuan Network])
Shaanxi Yulin Energy Group Co., Ltd. (hereinafter referred to as Yulin Energy Group) is a wholly state-owned enterprise established with the approval of the Shaanxi Provincial People’s Government and funded by the Yulin Municipal People’s Government. The registered capital is 6 billion yuan, with total assets exceeding 99 billion yuan. It currently has 117 wholly-owned, holding, and jointly-owned enterprises as well as branches, with nearly 10,000 employees. Since its establishment, the company has gradually developed a \"4+2\" industrial structure characterized by coordinated development in coal production and sales, comprehensive energy, fine chemicals, emerging industries, finance, and environmental protection, through various methods such as asset integration, mergers and acquisitions, and investment in new projects. The approved coal production capacity is 38 million tons, while the annual coal transportation capacity is 60 million tons. The installed capacity of thermal power plants is 4,390 megawatts, and that of photovoltaic power plants is 240 megawatts. The annual production capacity of chemical products is 2.25 million tons. There is 1 computer manufacturing line and 1 production base for new energy vehicles. It ranks 120th among China’s top 500 energy companies, 26th among China’s top 50 coal companies, and 17th among Shaanxi’s top 100 enterprises.