Qinghua Group signs a deal with Hefei Puli! China’s first 50,000-ton polycarbonate polyol production project comes online

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March 14, 2026, Hefei — Driven by the \"dual carbon\" goals, a green transformation aimed at turning waste into treasure is underway. Inner Mongolia Qinghua Group Co., Ltd. and Hefei Puli Advanced Materials Technology Co., Ltd. (hereinafter referred to as “Hefei Puli”) officially signed a cooperation framework agreement at Hefei Puli’s headquarters. The two parties will work together to advance the “Carbon Dioxide to Polycarbonate Polyol Project,” aiming to create a “new engine” for the high-value utilization of carbon dioxide and thereby providing strong impetus for the green transformation of the coal chemical industry. As a leading enterprise in the coal chemical industry, Inner Mongolia Qinghua Group possesses abundant carbon dioxide resources and strong industrial capabilities ； Relying on the core technical team from Zhejiang University, Hefei Puli has been actively working in the field of carbon dioxide utilization for many years, and possesses leading domestic technology for carbon dioxide-based polycarbonate polyols (PCE). By complementing each other’s strengths and forming a powerful partnership, this is not only a business collaboration but also an expression of social responsibility in pursuing the development philosophy of \"green, low-carbon, and circular\" growth. Powered by technology: the path to turning carbon dioxide into gold. Under the agreement, the two parties will focus on the \"Carbon Dioxide to Polycarbonate Polyol Project\", aiming to build a production facility with an annual capacity of 50,000 tons. This facility will utilize a catalyst system and synthesis processes developed independently by Hefei Puli to convert carbon dioxide into high-performance new materials efficiently. The key advantages of this project are: 1. High conversion rate and high stability: The facility operates for no less than 8,000 hours per year, with a carbon dioxide conversion rate of over 99.9%, ensuring stable production and efficient use of resources ； 2. Combination of negative carbon properties and high performance: With a carbon dioxide content of over 30%, it not only replaces traditional petroleum-based materials but also boasts excellent water resistance, tensile strength, and wear resistance, making it suitable for wide use in fields such as polyurethanes, automotive interiors, building insulation, and new energy applications ； 3. Significant carbon reduction benefits: The production of 1 ton of product can result in the sequestration of approximately 0.3 tons of carbon dioxide, while also reducing the use of petroleum-based raw materials by 30% and synthetic energy consumption by 25%, thus achieving a closed loop of \"carbon capture, carbon utilization, and carbon reduction\". As the first large-scale industrial facility of its kind in the country, the implementation of this project will fill a gap in the industry, facilitate the shift in carbon dioxide utilization from low-value-added applications to high-value-added ones, and support the domestic substitution of high-end new materials. Working together to draw up a low-carbon blueprint: The signing of this cooperation framework agreement represents an important milestone in the partnership between the two parties, signaling a significant step forward in the efficient utilization of carbon dioxide. In the future, the two parties will deepen their cooperation to accelerate project construction, strive to achieve full operational capacity and compliance as soon as possible, and create a model for the integrated development of the coal chemical industry and new materials industry. Upon completion of the project, it is expected that annual sales revenue will reach 1.5 billion yuan, with an annual output of around 150,000 tons of carbon dioxide. This will not only help reduce the carbon emission pressures on Inner Mongolia’s Qinghua Group but also promote the development of a green economy in the region, attracting more enterprises to engage in carbon utilization and thus creating a positive cycle of \"capture–utilization–industry\".