Investment in 300,000-ton methanol plant
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The last edit to this post was made by TH373637 on 2015-8-11 at 09:51. The coal-to-methanol project of Bazhou Dongchen came online on 2015-7-20. On July 16, 2015, the inauguration ceremony for Bazhou Dongchen Group’s Circular Economy Industrial Park and the commissioning ceremony for the 1 million tons per year coal-to-methanol project (with an initial capacity of 300,000 tons per year) were held. The project is located in Luntai County, Bortala Prefecture, Xinjiang. The first phase involves an investment of around 1.2 billion yuan to build a coal-to-methanol plant with an annual production capacity of 300,000 tons, along with the construction of a coal mine with a capacity of 3 million tons. The project was groundbreaking in August 2011 and completed in December 2014. http://www.chinacoalchem.com/news.asp?id=60293 How is this investment calculated? It seems to be quite cost-effective. Should the process start with air separation or gasification? What type of distillation is used? If anyone knows, let’s discuss it
Instead of expensive fluidized-bed gasification and methanol washing, an Endre furnace gasification method combined with solution-based desulfurization and decarburization is used
An investment of around 1.2 billion is required for a plant with a capacity of 300,000 tons. The approximate investment ratio should be: syngas production (including gasification, purification, and cooling) accounting for 60% of the total investment, methanol synthesis accounting for 10%, methanol distillation accounting for 10%, and utility services accounting for 20%.
They use the Ende powder gasification technology, which incurs low patent fees and requires minimal investment.