New Aoshine project: tripartite joint venture
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SNOW Energy Signs Supplementary Agreement for Light Hydrocarbons Stabilization Project 2015-12-21 On December 18, 2015, SNOW Energy announced that the 22nd meeting of the seventh board of directors had approved the resolutions regarding the proposed signing of relevant agreements. This project is planned and coordinated under the new energy strategy, with partners brought in to help with its development. It is expected to produce 200,000 tons per year of light hydrocarbons, while also generating 200 million cubic meters per year of LNG and 44,000 tons per year of LPG as by-products. Among them, the catalytic gasification and hydrogenation gasification technologies were independently developed by SNOWTECH, and will be demonstrated on an industrial scale through this project. The total investment for this project is 4.26 billion yuan, of which 3.16 billion yuan is allocated by Xinneng Energy for the construction of units for water-coal slurry gasification, hydrogenation gasification, catalytic gasification, purification, synthesis, distillation, and power generation ； Air Liquide China invests 500 million yuan to build an air separation plant ； Hebei Fenghui has invested 600 million yuan to build a plant that produces 200,000 tons of stable light hydrocarbons from methanol. The project construction period is 30 months, with commissioning scheduled for May 2018. Under the normal operation of new energy installations, the annual net purchase amount of new energy by Liangongda Banner is approximately 97 million yuan. Fenghuida Qi submits to Xinneng Energy a plan for the procurement and demand of methanol needed for production in the following week. Fenghuida Qi must ensure that methanol is purchased in amounts that maintain a steady level of consumption, between 1,000 and 2,000 tons per day. http://www.chinacoalchem.com/news.asp?id=60686
Is Hualu responsible for the overall design of this project?
Construction of Inner Mongolia’s 200,000-ton/year stable light hydrocarbon project begins. Author/Source: Date: 2016-04-27. Clicks: 102. A few days ago, SNOW Group’s project for producing 200,000 tons of stable light hydrocarbon per year officially commenced construction. The project has an annual production capacity of 200,000 tons of stabilized light hydrocarbons, with 200 million cubic meters of LNG and 44,000 tons of LPG generated as by-products. The construction scope includes units for gasification, shift reaction, low-temperature methanol washing, sulfur recovery, methanol synthesis, methanol distillation, catalytic gasification, hydrogenation gasification, deep cryogenic separation of methane, as well as utilities for the production of stabilized light hydrocarbons. It is reported that this project is located in the Xino Energy Industrial Park in Dalat Banner, Inner Mongolia Autonomous Region. It was developed through a partnership between Xino Energy, Air Liquide China, and Hebei Fenghui, with operations scheduled to begin in May 2018. The project makes use, to some extent, of the utility facilities such as power supply, water supply, and transportation available from the existing methanol production facility with an annual capacity of 600,000 tons. Using the abundant coal locally available, it employs technologies such as water-coal slurry gasification, catalytic gasification, hydrogenation gasification, shift reaction, low-temperature methanol washing, and the synthesis of stable light hydrocarbons to produce 200,000 tons per year of such hydrocarbons. Meanwhile, it generates by-products including 200 million Nm3 per year of LNG and 44,000 tons per year of LPG. The project is planned and coordinated in its overall development by Xinneng Energy, with partners brought in for collaboration. New Energy Investment is responsible for the coal-based methanol production and the related LNG production facilities ； The air separation plant is planned to be invested in, constructed, and operated by Air Liquide (China) Investment Co., Ltd ； The 200,000 tons per year plant for producing stable light hydrocarbons from methanol is planned to be invested in, constructed, and operated by Hebei Fenghui Investment Group Co., Ltd. Through project development and the innovation of cooperation models, autonomous technology demonstration is achieved, project profitability is maximized, and ultimately the economic efficiency of the enterprise is improved.
I’ve dealt with Fenghui before..