Yangmei plans to invest in a 600,000-ton olefins project in Yuncheng
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This post was last edited by liaifeng on 2018-9-10 at 18:43. On November 25, 2016, Yangmei Fengxi Quanji Energy Co., Ltd. and Shanxi Dongfang Resources Development Co., Ltd. held a meeting to discuss cooperation on a project aimed at producing 600,000 tons of olefins per year. This project is the second-phase investment initiative by Yangmei Fengxi Quanji Energy Co., Ltd., a subsidiary of Yangmei Group, in the Jishan New Coal Chemical Circular Economy Industrial Park. In September 2016, Jishan County ** reached an investment agreement with Shanxi Yangmei Group for a project to produce 900,000 tons of methanol and 600,000 tons of olefins per year, with a total investment of 7 billion yuan.
Can 900,000 tons of methanol and 600,000 tons of olefins be acquired with an investment of 7 billion? I’m not sure how the process scale is configured. Could you explain?
If the accompanying utility systems are not taken into account, there should be no problem.