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Total investment of 4.765 billion yuan! The comprehensive completion acceptance for the first phase of Yulin Chemical Yuguangxin Materials Co., Ltd. under Shaanxi Coal Group’s portfolio, with a production capacity of 500,000 tons per year for DMC, was successfully completed!

2025-11-28View Original

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Total investment of 4.765 billion yuan! The comprehensive completion acceptance for the first phase of Yulin Chemical Yuguangxin Materials Co., Ltd. under Shaanxi Coal Group’s portfolio, with a production capacity of 500,000 tons per year for DMC, was successfully completed! On November 27, the comprehensive completion acceptance for the first phase of Yuguangxin High-Performance Materials Co., Ltd. under Shaanxi Coal Group in Yulin, with a production capacity of 500,000 tons per year for DMC, was successfully completed. The heads of various general contractors, construction units, supervision units, testing units, and surveying units gathered at the site to witness this important moment together. During the comprehensive completion acceptance process, the acceptance team was divided into three sub-teams: those responsible for work safety and environmental protection, project evaluation, and finance. By listening to reports, conducting on-site inspections, and verifying documents, they carried out a thorough review of aspects such as project documentation, individual item acceptances, the use of project funds, and financial settlements. Upon verification, Shaanxi Coal Group Yulin Chemical Yuguangxin Materials Co., Ltd.’s 500,000 tons per year DMC Phase I project has all the necessary permits in place; all construction tasks have been completed in accordance with the design specifications. The project has received approvals related to fire safety, safety measures, occupational health protection, soil and water conservation, environmental protection, archive management, and energy efficiency assessments. The project’s settlement and financial closing procedures are essentially complete. During the trial production period, the plant operated smoothly, and the process parameters as well as product quality met the design requirements. The final acceptance team unanimously agreed to approve the project for comprehensive completion acceptance. It is understood that the 500,000 tons per year DMC production project of Yulin Chemical Yuguangxin Materials Co., Ltd., which is part of Shaanxi Coal Group, requires a total investment of 4.765 billion yuan. The project is planned to be built in two phases: Phase 1 will involve the construction of a production facility capable of producing 100,000 tons per year of high-purity DMC, while Phase 2 will involve the construction of a facility capable of producing 400,000 tons per year of high-purity DMC. During its construction, this project achieved several notable accomplishments: it was successfully completed on July 30, 2024; on October 19 of the same year, the entire process was finished in one go, yielding high-quality DMC products; and on October 26, it reached full operational capacity ; By October 2025, trial production was successfully completed, achieving \"starting production in the same year, exceeding production targets in that same year, and maintaining continuous profitability.\" To date, the production capacity of the DMC plant remains the highest among similar plants in China, while its consumption rates for methanol and nitric acid are at the best levels in the industry. The successful completion of this comprehensive acceptance inspection marks the official entry into production phase of the first phase of Yulin Chemical Yuguangxin Materials Co., Ltd., owned by Shaanxi Coal Group, with a production capacity of 500,000 tons per year of DMC. This development lays a solid foundation for Shaanxi Coal Group to accelerate the establishment of an integrated coal utilization industry cluster that covers both upstream and downstream processes. Moving forward, Yuguang High-Tech Materials Company will continue to uphold its professional culture of \"rigor and precision, as well as the pursuit of excellence.\" It will keep improving production and operation management, make full use of its technical advantages and scale benefits, contribute to the high-quality development of the regional chemical new materials industry, and offer additional support for the clean and efficient utilization of coal resources.
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