Jiangsu Yancheng’s project for producing 1 million tons of green methanol per year has been approved

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Jiangsu’s project to produce 1 million tons of green methanol per year approved Date: 2025-04-18 Recently, the Jiangsu Provincial Development and Reform Commission issued a notice announcing the approval of this project to produce 1 million tons of green methanol per year. According to the public announcement, the project for producing 1 million tons of green methanol per year is a new construction project. It is located in the Coastal Industrial Park of Yancheng Binhai Economic Development Zone, with a total land area of approximately 306 mu; the first phase will involve an additional construction area of 73,725.2 square meters. Once the project is operational, it will consume 558,000 tons of biomass pellets per year, 180,863,900 kW·h of electricity, 75,600 tons of steam at 4.8 MPa and 430°C, 14,851.54 m³ of natural gas, 100 tons of diesel, and 1,748,450.22 tons of fresh water. The annual total energy consumption (including energy used for raw materials) will be 309,389.58 tce (in equivalent terms), while the annual total energy consumption (excluding energy used for raw materials) will be 30,835.98 tce (in equivalent terms).