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    Home > Coatings News > Paints and Coatings Market > 4.3 billion yuan! Ningxia Baoli will build 400,000 tons of coal-to-ethylene glycol project

    4.3 billion yuan! Ningxia Baoli will build 400,000 tons of coal-to-ethylene glycol project

    • Last Update: 2021-03-29
    • Source: Internet
    • Author: User
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    Ningxia Baoli Coal-to-Ethylene Glycol Project is a major strategic layout for the development of the group company.
    The project is constructed in two phases, with an annual output of 200,000 tons of ethylene glycol and a by-product of 5,500 tons of sulfur; and the second phase of an annual output of 200,000 tons.
    Tons of ethylene glycol, 5,500 tons of sulfur by-products, with a total investment of 4.
    3 billion yuan, and a construction period of two years.
    On December 2, 2018, Comrade Zhang Chaochao, Executive Vice Chairman of the Ningxia Hui Autonomous Region Government, accompanied by relevant leaders of the Ningdong Energy and Chemical Base Management Committee, visited Baoli Company to investigate the situation of the coal-to-ethylene glycol project.
    The Chairman of Baoli Group Yanping, President Dang Zili and the main person in charge of the company accompanied him.
    At the survey site, Zhang Chaochao, executive vice chairman of the autonomous region government, had an in-depth exchange with Dang Yanping, chairman of Baoli Group, and cordially inquired about the difficulties and problems of the current project.
    It is pointed out that the development of enterprises cannot be separated from the support and help of governments at all levels, and relevant departments must communicate with enterprises in a timely and effective manner, and provide strong assistance in financing and land use to support the development of enterprises.
    Chairman Dang Yanping gave a detailed report on the development plan, project advantages, and progress of the coal-to-ethylene glycol project.
    Under the guidance and care of the leaders of the autonomous region and the management committee of the Ningxia Baoli coal-to-ethylene glycol project, as early as October 14th, the executive deputy secretary of the Ningdong Management Committee Tao Shaohua personally led the team with relevant government personnel and directors of Baoli Company Chang and his party went to Xinjiang Tianye Company to conduct a five-day field investigation on the 250,000 tons of ethylene glycol plant.
    Subsequently, the chairman of Baoli Company led the management personnel to inspect the coal-to-ethylene glycol plants in Shanxi, Anhui, Henan and other places.
    The company conducted in-depth technical demonstrations and technical exchanges with the design unit, and confirmed the coal-to-ethylene glycol project.
    The Ningdong Municipal Government attaches great importance to this project and has given high praise and expectations.
    Enterprises are actively discussing cooperation and investment intentions with the government.
       The Ningxia Baoli coal-to-ethylene glycol project fills the industrial gap in the Ningdong chemical base, and is the three major directions of the modern new coal chemical industry-coal-to-liquid, coal-to-olefin, and coal-to-ethylene glycol industrial breakthroughs in the Ningdong base , Is an indispensable strategic industry for the development of Ningdong Base.
    The construction of this project will surely bring new ideas to Ningdong Base’s industrial layout, industrial chain development, product structure adjustment, product diversity, and industrial cluster development.
    The changes in Ningxia can inject new strength into Ningdong Base and Ningxia both in terms of economic and social benefits, and will have a profound impact on the development of the region.
       Ningxia Baoli New Energy Co.
    , Ltd.
    is located in the national Ningdong Energy and Chemical Base.
    It was established in August 2015 with a registered capital of 200 million yuan.
       The company's first phase of the project invested 837 million yuan, mainly to build a 1.
    2 million tons/year mixed oil and gas comprehensive utilization device and supporting public auxiliary facilities.
    The project started construction in March 2016 and was completed and put into operation in October of that year.
    The second phase is a key construction project of the autonomous region in 2017, with a planned total investment of 1.
    692 billion yuan and a construction period of 2 years.
    The main construction projects are a combined plant of 1.
    2 million tons/year of raw material pretreatment and 600,000 tons/year of coal tar deep processing, a combined plant of 400,000 tons/year of isomerization and MTBE, a 3,000 tons/year sulfur recovery device, and 28,000Nm3/h hydrogen production Comprehensive utilization device, 100,000 tons/year benzene methylation comprehensive utilization device, 400,000 tons/year high clean light hydrocarbon upgrading device, 10 tons/year benzene extraction and methanol hydrogen production combined device, 800,000 tons/year high Clean heavy hydrocarbon upgrading unit, 100,000 tons/year propylene and product refining unit, 300,000 tons/year high clean heavy hydrocarbon FITS hydrogenation unit.
    The project started construction in June 2017, and it is planned to be completed and put into production in August 2019.
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