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Deal signed for biomass-based green methanol project costing around 10 billion yuan and producing 300,000 tons per year 2025-03-03 13:11:25 On February 26, Lingwu City sent a delegation to Shanxi Jinyuan Biomass Technology Co., Ltd. for discussions, and a deal was reached regarding a project worth around 10 billion yuan to produce 300,000 tons of green methanol per year. The two parties will pursue further cooperation in areas such as black corn cultivation, anthocyanin purification, the recycling of manure, as well as projects related to energy generation from new sources and the use of biomass to produce methanol. This will contribute to the high-quality development of the regional economy. In recent years, Lingwu City has focused on promoting new-type industrialization as a driving force, expanding the new energy industry chain, and vigorously developing green electricity, green hydrogen, and green circular economy industries; it has also accelerated the construction of the Majiatan Area C Hydrogen Energy Industry Demonstration Zone. This signing marks a new stage in the development of their cooperation. It is hoped that enterprises will accelerate their investment efforts to facilitate the prompt commencement of project construction. Lingwu City will enhance service management throughout the project’s life cycle, implement detailed target and task plans, and promptly address various obstacles to ensure smooth and efficient progress at all stages of project development. At the beginning of the new year, Lingwu City fully implemented the autonomous region’s initiative for a \"year of efforts to stabilize growth and promote development\", as well as Yinchuan City’s \"three special initiatives\", and made every effort to carry out all the requirements outlined in the \"ten-step strategic plan\". The main leaders of the city’s Party committee and government went on investment promotion tours in batches. It actively invited Shanxi Meijin Energy Group to Ling for inspections, research, and discussions, and a preliminary agreement was reached regarding the integrated project for producing 300,000 tons of green methanol per year. To accelerate the signing and implementation of the project, Lingwu City promptly established a dedicated project task force, adopted a mechanism for meeting twice a week, and set up a platform for sharing resources and information, thereby enabling real-time alignment with the needs of enterprises and efficient exchange of information. It took less than a month from the initial discussions to the final signing. The company said that this rapid signing process made them keenly aware of Lingwu City’s firm determination to attract projects and its high-quality services. At the same time, Lingwu City’s strong industrial foundation aligns well with the development needs of enterprises, which further strengthens their confidence in choosing Lingwu as their location for operations. Going forward, both parties will take this signing as a new starting point, and with maximum effort and concrete actions, make every effort to advance the implementation of the project, ensuring that it begins construction, is completed, and comes online as soon as possible.