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Inner Mongolia 4 million tons of coal to methanol investment intention reached
2017-02-24771
According to the latest news, Jiutai group plans to invest and build 4 million tons of coal to methanol and 1.4 million tons of olefins projects in Tuoketuo County, Hohhot, Inner Mongolia.
It is reported that the chairman of Jiutai group recently visited Tuoketuo county and held a meeting with Guo Zhigang, deputy secretary of tuoxian county Party committee and county head. The two sides held in-depth discussions on the settlement of coal chemical project of Jiutai group in Tuoketuo Industrial Park. Guo Zhigang hopes that the two sides can further strengthen communication and exchanges in the future, make every effort to promote project construction, and realize advantages sharing and win-win cooperation
Cui Lianguo, chairman of Jiutai group, said that tuoxian county has obvious location advantages and outstanding water coal combination advantages, which is very suitable for the agglomeration development of coal chemical filtration system industry. Jiutai group plans to invest 40 billion yuan in the Tuoketuo Industrial Park to build an annual output of 4 million tons of coal to methanol and 1.4 million tons of olefins. After the completion of the project, the annual output value is expected to reach 18 billion yuan and the profits and taxes will reach 7 billion yuan. After the completion of the project, a leading group for promoting the coal chemical project of Jiutai group has been set up in Tuo County, with Zhang Guoping, the Secretary of the county Party committee, Guo Zhigang, the head of the county, and the relevant units of the county as members, to assist Jiutai group for a long time Thailand group handles the preliminary procedures of project approval and environmental impact assessment, and is fully responsible for the land supply, water resource guarantee, water, electricity, gas, road supporting and other related works of the project
In June 2016, Jiutai group transferred 52% equity of Jiutai energy Inner Mongolia Co., Ltd. to Yanzhou Coal Erdos Energy Chemical Co., Ltd., a wholly-owned subsidiary of Yanzhou coal industry, at a price of RMB 1.84 billion. Jiutai energy Inner Mongolia Co., Ltd. mainly operates coal chemical projects, including: phase I production project, 1 million tons of methanol 100000 tons of dimethyl ether; phase II Continuation Project, 1.8 million tons of methanol deep processing project (600000 tons of olefins); phase III new construction project, 500000 tons of glycol annually project, with a total investment of 7.5 billion yuan.
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