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Total investment of 25.7 billion yuan! The Hengyi Petrochemical’s Xinjiang project, which is capable of producing 2.4 million tons per year of high-quality ethylene glycol derived from coal for use in fiber production, has begun operations

2026-03-22View Original

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On March 20, the first phase of the Turpan Coal Chemical and Textile Integration Project, which is the world’s largest single-unit coal-based ethylene glycol production facility built by Hengyi Investment, with an annual production capacity of 2.4 million tons of high-quality coal-based ethylene glycol for use in fiber production, officially commenced construction in the Coal-Based New Materials Circular Industry Park of the Turpan Economic Development Zone. Wen Tianping, Secretary of the Turpan Municipal Party Committee, Xiraili Weili, Deputy Secretary of the Party Committee and Mayor, and other leaders attended the inauguration ceremony. Qiu Yibo, Chairman and President of Hengyi Petrochemical, Fang Xianshui, Vice Chairman, and He Fei, Vice President of Hengyi Group, were also present. The project adopts internationally advanced gasification and syngas-based ethylene glycol production technologies, with an annual output of 2.4 million tons of high-quality polyester-grade ethylene glycol. It also produces high-value-added products such as DMC and coal-based ethanol. In addition, it incorporates low-carbon technologies such as CCS for carbon capture and storage, integration with green electricity, and circular economy principles, thereby enabling the transformation of coal from a traditional fuel into high-end chemical raw materials and new fiber materials. The goal is to create a high-end, green, and integrated industrial chain that goes from a piece of coal to two strands of fiber and finally to a piece of fabric. Upon completion of the project, over 1,700 job opportunities will be created, which will effectively promote the clustered development of related industries such as high-end chemicals, equipment manufacturing, and modern logistics. This will provide strong support for Turpan in maintaining employment levels, increasing tax revenues, and fostering industrial transformation and upgrading. According to the plan, Hengyi will build an integrated coal-based chemical and textile industry complex. By taking advantage of its location in the core area of the Silk Road Economic Belt in Xinjiang, the company aims to develop a vertically integrated industrial cluster focused on \"coal–ethylene glycol–polyester new materials\". The Turpan facility is intended to become an important strategic hub and engine for industrial growth, enabling the company to serve the northwest region and Central Asia. Project Name: Hengyi Energy Technology (Turpan) Co., Ltd. 2.4 million tons/year High-quality Fiber-grade Ethylene Glycol Production Project
Location: The project is situated in the Coal-based New Materials Recycling Industrial Park of Turpan Economic Development Zone. The coordinates of the plant site are 89°5’8.868” east longitude and 42°39’58.415” north latitude.
Constructor: Hengyi Energy Technology (Turpan) Co., Ltd.
Project Overview: This is a new construction project aimed at producing 2.4 million tons of polyester-grade ethylene glycol per year. As by-products, the project will generate 52,120 tons of ethanol, 76,000 tons of dimethyl carbonate, 32,485 tons of sulfur, 28,404 tons of liquid ammonia, and 24,500 tons of nitric acid (50% wt). The main components of the project construction include: (1) The core facilities consist of 10 units, such as a gasification unit, a shift unit, a low-temperature methanol washing unit, a sulfur recovery unit, a hydrogen and carbon monoxide separation unit, a dimethyl oxalate unit, an ethylene glycol unit, an ammonia synthesis unit, a nitric acid unit, and an air separation unit. (2) Auxiliary engineering includes water supply, circulating water stations, drainage and recycled water systems, desalination stations, power supply, heating, air compression stations, fire protection, maintenance, heating and ventilation, office and living facilities, a central laboratory, as well as telecommunications facilities. (3) Storage and transportation engineering mainly includes the storage and transportation of solid materials, the storage and transportation of liquid materials, coal storage and transportation, as well as internal roads. (4) Environmental protection projects include supporting measures for air pollution control, water pollution control, noise control, environmental risk prevention, as well as facilities for the temporary storage of solid waste. The project covers an area of 253.75 hectares, with a total investment of 2,570,180.85 million yuan; of this amount, 1,550,000 million yuan is allocated to environmental protection measures, accounting for 6.03% of the total investment.
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