The world's first!

On June 5, the groundbreaking ceremony of the 10,000-ton carbon dioxide to aromatics industrial pilot project jointly built by Tsinghua University and Jiutai Group was held at the Dalu Coal Chemical Base of Zhungeer Banner, Ordos City
.

The carbon dioxide to aromatics project is a cooperation project between Tsinghua University and Inner Mongolia Jiutai Xinyuan New Materials Co.
, Ltd.
The main product, mesitylene, is an important fine chemical raw material.
After oxidation and polymerization, it can be made into engineering plastics with high temperature resistance and excellent insulation performance-polyethylene Imide is widely used in high-tech fields such as microelectronics, aerospace and military industry, especially in the fields of photoresist, chip packaging, flexible display, flexible printed circuit (FPC) and thermally conductive graphite film.
Listed as "the most promising engineering plastics in the 21st century"
.

It is understood that the project uses carbon dioxide and hydrogen as raw materials, and is the world's first 10,000-ton-level carbon dioxide utilization project using hydrocarbons as products
.
After the project completes the 10,000-ton/year aromatics industrial demonstration, it will significantly change the share of imported aromatics in China, provide a reliable basis for the establishment of a million-ton coal-based syngas production aromatics plant, and truly realize the production of high-end chemicals (aromatics) from coal.
The industrial route can effectively connect with industries with huge output value such as chemical fiber clothing industry, aromatic hydrocarbon-based high-end resin, pharmaceutical intermediates, etc.
, and provide a foundation for industrial upgrading and stimulating domestic demand
.

Jiutai Group is about to go public

Recently, Inner Mongolia Jiutai New Material Technology Co.
, Ltd.
(hereinafter referred to as "Jiutai Group") has submitted the "Overseas Initial Public Offering of Shares (including ordinary shares, preferred shares and other types of shares and derivatives of shares) to the International Department of the China Securities Regulatory Commission.
Approval" material
.
This means that Jiutai Group will sprint to be listed on the Hong Kong Stock Exchange
.

Jiutai Group said that it has formed a large-scale new energy and new material enterprise with Inner Mongolia as its main production base
.
Among them, the Ordos Road Industrial Base with an annual output of 1.
2 million tons of methanol, with a total investment of 6 billion yuan, was completed and put into operation in October 2010; the olefin project with an annual output of 600,000 tons, with a total investment of 8.
28 billion yuan, was completed and put into operation in March 2019
.

At the same time, the annual output of 1 million tons of ethylene glycol project in Hohhot Tuoketuo Industrial Park, with a total investment of 12.
37 billion yuan, started construction in March 2018.
The project is jointly invested and constructed by American Air Products (AP), which can be realized after commissioning.
The annual sales income is 10.
6 billion yuan, and the profits and taxes are 3.
66 billion yuan
.

In 2017, Jiutai Group established Inner Mongolia Jiutai New Materials Co.
, Ltd.
, which is responsible for the construction of ethylene glycol project with an annual output of 1 million tons
.