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SDIC and Yankuang promote cooperation in coal chemical projects
2017-01-13744
On January 9, the signing ceremony of strategic cooperation framework agreement between state power investment group and Yankuang Group was held in Inner Mongolia Autonomous Region government building. It is reported that the two sides will cooperate in coal power supply and coal chemical projects.
On August 15, 2016, the 800000 ton coal to polyolefin filter unit jointly invested by CPI and total was officially approved by the development and Reform Commission of Inner Mongolia Autonomous Region. Shi Jialin, deputy general manager of State Power Investment Group Corporation, said that state power investment will, with the support of the Party committee and the government of Inner Mongolia Autonomous Region, undertake all policies and procedures of the project, and comprehensively promote strategic cooperation with Yankuang on the basis of mutual benefit, win-win results and complementary advantages.
On July 15, the Ministry of environmental protection officially approved the EIA application for 800000 tons of coal to polyolefin filter unit. With a total investment of 23.788 billion yuan, the 800000t / a coal to polyolefin filter unit jointly invested by China Power Investment and total is located in the Dalu Industrial Park, Zhungeer banner, Ordos City, Inner Mongolia Autonomous Region. With the utilization of local coal resources, technologies such as pulverized coal pressurized gasification, methanol synthesis, methanol to olefin and olefin polymerization are adopted to produce 800000t / a polyethylene, polypropylene and other products.
Li Xiyong, chairman of Yankuang Group, introduced Yankuang Group's development and construction in Inner Mongolia and its investment plan during the 13th Five Year Plan period. He said Yankuang would take Inner Mongolia as a strategic focus base for key development and accelerate the integrated development of "coal, power, chemical, road, port and air". The strategic cooperation with the State Power Investment Corporation will give full play to the complementary advantages of the two sides in coal power supply, project cooperation and other aspects, deepen development, work together to make contributions to industrial transformation and upgrading and regional economic development.
On June 13, 2016, Yankuang Group acquired 52% equity of coal to olefin project of Jiutai energy Inner Mongolia company with RMB 1.84 billion. The total investment of the project is 8.24 billion yuan, and 600000 tons of olefins are produced annually. The 600000 ton olefin project of Zhungeer road in Jiutai started in April 2012. Due to lack of funds, the project was once in a state of stagnation. After the reorganization, Yankuang Group will continue to invest 4 billion yuan to complete the first phase of the project and start the second phase of the project in an all-round way, and timely promote the research and development and production of dimethyl ether, glycol, aromatics and other products. The reorganization can not only directly digest nearly 3 million tons of Yankuang coal, but also extend the industrial chain of 1 million tons of Jiutai methanol and 900000 tons of Yankuang Daqi methanol.
State Power Investment Group Corporation is formed by the merger and reorganization of China Power Investment Group Corporation and State Nuclear Power Technology Co., Ltd. with a registered capital of 45 billion yuan and a total assets of 845.6 billion yuan, it is the only comprehensive energy enterprise group among the five major power generation groups with the qualification of nuclear power holding investment and operation, and also the only comprehensive energy enterprise group in the country with hydropower, thermal power, nuclear power and new energy assets at the same time.
Yankuang Group is the first state-owned asset authorized operation enterprise in Shandong Province and a key state-owned coal enterprise in Shandong Province. It is a state-owned super large enterprise with the leading industries of coal, coal chemical industry, coal power aluminum and complete set of mechanical and electrical filtration equipment manufacturing.
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