CITIC involved in the Jinchang coal chemical project in Gansu Energy Chemicals
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Recently, the handover ceremony for the Gansu Energy and Chemical Jinchang Coal Chemical Project was successfully held, laying a solid foundation for the subsequent joint commissioning and operation of the project.
The Gansu Energy Chemical Jinchang Project is a key project within the coal chemical industry chain worth 10 billion yuan, which was developed jointly by the Jinchang Municipal Government and Gansu Energy Chemical Group during the 14th Five-Year Plan period. The total investment in this project amounts to 2.917 billion yuan. The project utilizes space-based powder gasification technology to produce 200 million cubic meters of hydrogen per year, 300,000 tons of synthetic ammonia, 300,000 tons of urea, and 500,000 tons of urea-based compound fertilizers; simultaneously, it generates 22,400 tons of sulfur as a by-product. Once the project is put into operation, it is expected to generate annual sales revenue of 2.713 billion yuan and profits and taxes of 1.104 billion yuan.