Fude Group invests in a 6 million-ton coal-to-methanol project in Zhundong

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Fude Group plans to develop a coal-to-methanol project with a capacity of 6 million tons. 46,120 views. Source: Sinochem New Network. April 17, 2025. Bookmark. On April 15, Fude (Xinjiang) New Energy Co., Ltd. was established in Urumqi, Xinjiang, marking an important step forward in Fude Group’s efforts to develop coal-to-methanol projects. Xinjiang is a **strategic base for energy security. It has abundant coal reserves, and methanol serves both as a fuel and as a raw material for the chemical industry; thus, it holds great potential as a substitute for oil. Fude Group stated that by establishing coal-to-methanol projects in Xinjiang, the launch of Fude (Xinjiang) New Energy Development Co., Ltd. and the first phase of Fude’s Zhundong coal-to-methanol project with an annual production capacity of 6 million tons will represent new milestones in Fude Group’s presence in the field of new energy chemicals. Since its establishment in January of this year, the Fuxin Xinjiang project team has completed key tasks such as business registration, feasibility study evaluations, and project coding within just a few months. It has collaborated with the Dalian Institute of Chemical Physics of the Chinese Academy of Sciences to develop a green and low-carbon industrial park, and signed a Strategic Cooperation Framework Agreement with **Pipeline Group Western Pipeline Company in the field of coal chemical industry, laying a solid foundation for the implementation of the project.