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Trade Service
September 24.
On September 23, as the first major project of Ningdong base to start construction after Ningxia held the first promotion meeting for the construction of the Yellow River Basin ecological protection and high-quality development pilot area, Baofeng Energy Co.
, Ltd.
The construction of the olefin project was officially started, and the 500,000-ton/year C2-C5 comprehensive utilization of olefin project was planned simultaneously
.
After the project is completed and put into operation, Baofeng Energy will add 1 million tons of polyolefin production capacity every year
.
This year, in the face of the special economic environment, Baofeng Energy has increased investment and expanded production capacity against the trend, increased R&D and innovation in order to improve the level of clean and efficient utilization of coal resources and a forward-looking market, and continuously improved its import substitution capability
.
Build clean and efficient production capacity based on the characteristics of "rich coal"
Build clean and efficient production capacity based on the characteristics of "rich coal"As a leading enterprise of high-end coal-based new materials, Baofeng Energy is deeply engaged in a new material industry with Chinese energy characteristics
.
After more than ten years of rapid development, Baofeng Energy has built a high-end coal-based new material circular economy industrial cluster integrating "coal, coke, gas, methanol, olefin, polyethylene, polypropylene, and fine chemicals".
"Coal replaces a barrel of oil", living a "green" life with "black" coal, and producing nearly 100 kinds of high-end chemical products in the modern circular economy industry using coal as raw material.
Constantly iterate high-end differentiated "fist" products
.
In Baofeng Energy's modern coal chemical industry cluster, the production units are closely linked, and the upstream and downstream are closely connected
.
Top configuration, expansion, overweight, high-end differentiation
Top configuration, expansion, overweight, high-end differentiationBaofeng Energy's circular economy industrial chain layout has always revolved around the theme of high-quality development, with the goal of building a "clean, low-carbon, safe and efficient" energy system
.
This time, the newly constructed 500,000 tons/year coal-to-olefin project also includes a high-end production capacity of 250,000 tons/year of EVA
.
Baofeng Energy always faces existing and future market demands, increases R&D innovation, and optimizes product structure
.
In the first half of this year, Baofeng Energy has innovated the production of thin-wall injection molding, high-density polyethylene hollow material, high-strength bimodal film material, and linear polyethylene special material for weather-resistant shed film on the basis of basically achieving full coverage of market brands.
9 new brands of products, contributed more than 80 million yuan in performance growth, and the company's product differentiation competitive advantage has been significantly improved
.
Industry data show that in 2019, domestic polyolefin consumption was 60.
66 million tons, import volume was 20.
15 million tons, and import dependence was 33%
.
Among them, the import proportion of high-end polyolefin products exceeds 50%
.
With the improvement of people's living standards, the construction of new infrastructure, the construction of new urbanization, and the promotion of major projects such as strengthening transportation and water conservancy, the consumption of polyolefins will continue to increase, and the market space will be broad
.
Industry experts pointed out that it is necessary to steadily promote the development of modern coal chemical industry represented by coal-to-liquids and coal-to-olefins, strengthen technological innovation, gradually promote high-end and high-value coal chemical products, extend the industrial chain, and improve the value chain.
Baofeng Energy It's speeding up and down this road
.
