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600000t coal to olefin project in Guizhou
2016-12-16569
On December 14, the Ministry of environmental protection issued a notice to formally review the environmental impact assessment documents of 600000 T / a polyolefin project of Sinopec Great Wall energy and chemical (Guizhou) Co., Ltd. And publicized for 5 working days from December 14 to 20, 2016.
The project uses the local anthracite in Guizhou as the raw material, adopts the powder gas technology and s-mto technology to filter the olefins. The project construction mainly includes the new 1.8 million T / a methanol plant, 1.8 million T / a methanol to olefin filtration plant, 300000 t / a linear low-density polyethylene and 300000 t / A polypropylene filtration plant, as well as the supporting public works and auxiliary facilities. The total investment of the project is about 16.77 billion yuan, including 1.71 billion yuan of environmental protection investment, accounting for 10.2% of the total investment of the project.
In February 2013, the national development and Reform Commission issued the reply of the general office of the national development and Reform Commission on Approving the preliminary work of Guizhou Zhijin new energy chemical base and phase I project of Sinopec (fgbgy [2013] No. 502), agreeing the preliminary work of the project.
On March 1, 2016, the Ministry of environmental protection of the people's Republic of China issued the notice on disapproving the environmental impact report of 600000t / a polyolefin project of Sinopec Great Wall energy and chemical (Guizhou) Co., Ltd., which formally announced that the environmental impact report of the project was disapproved. The Ministry of environmental protection pointed out that there are a series of problems in the five aspects of the project, including site selection, total discharge of major pollutants, atmospheric environmental impact, wastewater treatment and health protection distance setting.
Main technical and economic indicators of the project
The total investment of the project for approval is 16770.97 million yuan (the following are all in RMB). Among them, the construction investment is 15933.51 million yuan, the interest during the construction period is about 762.5 million yuan, and the working capital is 74.97 million yuan.
The construction period of the project is 3 years. After completion and operation, it is estimated that the annual average operating revenue will be 5435.3 million yuan, the value-added tax will be 590.95 million yuan, the total profit will be 133.11 million yuan, the income tax will be 332.78 million yuan, the after tax profit will be 998.35 million yuan, and the total tax revenue will be 923.73 million yuan. The financial internal rate of return of all investment after income tax is 9.03%, the static investment payback period (including 3-year construction period) after income tax is 10.41 years, and the total investment yield is 7.86%. The proposed project is expected to achieve good economic benefits.
Contents of construction
Four sets of full-automatic filtering devices, i.e. 1.8 million tons / year methanol, 1.8 million tons / year MTO (including OCC unit), 300000 tons / year LLDPE and 300000 tons / year PP, are to be built, as well as supporting public works and auxiliary production facilities such as storage and transportation, water, electricity, steam, air separation and air pressure, torch, etc.
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