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The first phase of the modified methanol fuel project of Chongqing Yifeng New Energy Co., Ltd., with a total investment of 2 billion yuan, is currently in the geological survey stage. This project is located in the Maliu Chemical Industry Park in Dazhou and will be implemented in two phases. According to Weng Xiuming, the person in charge of the project, Phase 1 covers an area of 107 mu, and 30% of the geological survey work has been completed. Once the geological survey and construction are completed, the main construction phases such as site hardening and pile driving will begin. Public information shows that Chongqing Yifeng New Energy Co., Ltd.’s modified methanol fuel project is dedicated to the research and development as well as application of modified methanol fuel; it holds multiple **patents, and its products are primarily used in transportation, industrial production, and domestic heating sectors. Phase 1 of the project plans to build a production line for 400,000 tons of modified methanol fuel, with commissioning expected in 2026. Phase 2 will expand the production capacity to 1.3 million tons; once the entire project is operational, the annual output value is expected to reach 10 billion yuan
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