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    Home > Chemicals Industry > Rubber Plastic News > With an investment of 22.1 billion yuan, Sinopec Guizhou 600,000-ton coal-to-olefin project equity transfer agreement was signed

    With an investment of 22.1 billion yuan, Sinopec Guizhou 600,000-ton coal-to-olefin project equity transfer agreement was signed

    • Last Update: 2022-08-22
    • Source: Internet
    • Author: User
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    Recently, Sinopec Zhijin's 600,000-ton coal-to-olefin project has made further progress in the construction of supporting coal mines


    .


    Representatives of Guizhou Panjiang Investment Holding (Group) Co.
    , Ltd.
    and Bijie Zhijin New District Biyun Company Construction Investment and Development Co.
    , Ltd.
    signed an equity transfer agreement


    .


    Recently, Sinopec Zhijin's 600,000-ton coal-to-olefin project has made further progress in the construction of supporting coal mines


    .


    Representatives of Guizhou Panjiang Investment Holding (Group) Co.
    , Ltd.
    and Bijie Zhijin New District Biyun Company Construction Investment and Development Co.
    , Ltd.
    signed an equity transfer agreement


    .


    Recently, Sinopec Zhijin's 600,000-ton coal-to-olefin project has made further progress in the construction of supporting coal mines


    .


    Representatives of Guizhou Panjiang Investment Holding (Group) Co.
    , Ltd.
    and Bijie Zhijin New District Biyun Company Construction Investment and Development Co.
    , Ltd.
    signed an equity transfer agreement


    .


    The Sinopec Zhijin 600,000-ton coal-to-olefin project was approved for construction by Guizhou Province in July 2018, with a planned investment of 22.
    1 billion yuan.
    Four sets of large-scale chemical plants including annual polypropylene and 300,000 tons/year polyethylene


    .


    Bijie Zhongcheng Energy Co.
    , Ltd.
    is a joint venture established by Guizhou Shuicheng Mining (Group) Co.
    , Ltd.
    (51% shareholding) and China Petrochemical Corporation (49% shareholding), mainly responsible for the integration of Zhijin coal, electricity and chemical industry Coal mining, washing, processing, transportation and sales, coalbed methane extraction, development, utilization and sales of circular economy bases and large mines in Zhijin mining area


    .


    It is reported that Bijie Zhongcheng Energy Co.
    , Ltd.
    's equity transfer to Panjiang Coal and Electricity Group will effectively boost Sinopec Zhijin's 600,000-ton/year polyolefin project to be rapidly constructed and put into production.
    Panjiang Coal and Electricity Group will promote Zhongcheng Energy in an orderly manner.
    The company's coal mine construction will accelerate the promotion of coal industrial production, ensure the coal demand for coal chemical projects, and boost Sinopec Zhijin's 600,000-ton/year polyolefin project to be completed and put into production as scheduled

    .

    The Sinopec Zhijin 600,000-ton coal-to-olefin project was approved for construction by Guizhou Province in July 2018, with a planned investment of 22.
    1 billion yuan.
    Four sets of large-scale chemical plants including annual polypropylene and 300,000 tons/year polyethylene

    .

    Bijie Zhongcheng Energy Co.
    , Ltd.
    is a joint venture established by Guizhou Shuicheng Mining (Group) Co.
    , Ltd.
    (51% shareholding) and China Petrochemical Corporation (49% shareholding), mainly responsible for the integration of Zhijin coal, electricity and chemical industry Coal mining, washing, processing, transportation and sales, coalbed methane extraction, development, utilization and sales of circular economy bases and large mines in Zhijin mining area

    .

    It is reported that Bijie Zhongcheng Energy Co.
    , Ltd.
    's equity transfer to Panjiang Coal and Electricity Group will effectively boost Sinopec Zhijin's 600,000-ton/year polyolefin project to be rapidly constructed and put into production.
    Panjiang Coal and Electricity Group will promote Zhongcheng Energy in an orderly manner.
    The company's coal mine construction will accelerate the promotion of coal industrial production, ensure the coal demand for coal chemical projects, and boost Sinopec Zhijin's 600,000-ton/year polyolefin project to be completed and put into production as scheduled

    .

    The Sinopec Zhijin 600,000-ton coal-to-olefin project was approved for construction by Guizhou Province in July 2018, with a planned investment of 22.
    1 billion yuan.
    Four sets of large-scale chemical plants including annual polypropylene and 300,000 tons/year polyethylene

    .

    Bijie Zhongcheng Energy Co.
    , Ltd.
    is a joint venture established by Guizhou Shuicheng Mining (Group) Co.
    , Ltd.
    (51% shareholding) and China Petrochemical Corporation (49% shareholding), mainly responsible for the integration of Zhijin coal, electricity and chemical industry Coal mining, washing, processing, transportation and sales, coalbed methane extraction, development, utilization and sales of circular economy bases and large mines in Zhijin mining area

    .

    It is reported that Bijie Zhongcheng Energy Co.
    , Ltd.
    's equity transfer to Panjiang Coal and Electricity Group will effectively boost Sinopec Zhijin's 600,000-ton/year polyolefin project to be rapidly constructed and put into production.
    Panjiang Coal and Electricity Group will promote Zhongcheng Energy in an orderly manner.
    The company's coal mine construction will accelerate the promotion of coal industrial production, ensure the coal demand for coal chemical projects, and boost Sinopec Zhijin's 600,000-ton/year polyolefin project to be completed and put into production as scheduled

    .

    He Zonghui, Member of the Party Committee and Deputy General Manager of Guizhou Panjiang Coal and Electricity Group, Zhao Bin, Deputy Chief Engineer of Sinopec Great Wall Energy Chemical (Guizhou) Company, Yang Hua, Secretary of Zhijin County Party Committee, Pan Fayong, Deputy Secretary of the County Party Committee and Mayor, Party Worker of Zhijin Economic Development Zone Wang Xingming, deputy secretary of the committee and deputy director of the management committee, attended the signing ceremony
    .

    Sinopec Zhijin 600,000-ton coal-to-olefin project is a super-large energy chemical project invested and constructed by Sinopec and Guizhou Province for the clean and efficient utilization of coal resources.
    It is located in Chadian Township, Zhijin County, Bijie City, Guizhou Province, covering an area of ​​about 4,515 mu.
    Four sets of large-scale chemical plants including 1.
    8 million tons/year coal-to-methanol, 1.
    8 million tons/year methanol-to-olefins, 350,000 tons/year polypropylene, 300,000 tons/year polyethylene and 2×350MW thermal power station supporting projects

    .
    The project was approved by the Ministry of Environmental Protection in February 2017.
    On July 13, 2018, the construction was approved by the Guizhou Provincial Government.
    On November 18, the project feasibility study report was officially approved by Sinopec

    Corp.
    It is planned to be completed by the end of 2022 and put into commercial operation in 2023

    .

    He Zonghui, Member of the Party Committee and Deputy General Manager of Guizhou Panjiang Coal and Electricity Group, Zhao Bin, Deputy Chief Engineer of Sinopec Great Wall Energy Chemical (Guizhou) Company, Yang Hua, Secretary of Zhijin County Party Committee, Pan Fayong, Deputy Secretary of the County Party Committee and Mayor, Party Worker of Zhijin Economic Development Zone Wang Xingming, deputy secretary of the committee and deputy director of the management committee, attended the signing ceremony
    .

    Sinopec Zhijin 600,000-ton coal-to-olefin project is a super-large energy chemical project invested and constructed by Sinopec and Guizhou Province for the clean and efficient utilization of coal resources.
    It is located in Chadian Township, Zhijin County, Bijie City, Guizhou Province, covering an area of ​​about 4,515 mu.
    Four sets of large-scale chemical plants including 1.
    8 million tons/year coal-to-methanol, 1.
    8 million tons/year methanol-to-olefins, 350,000 tons/year polypropylene, 300,000 tons/year polyethylene and 2×350MW thermal power station supporting projects

    .
    The project was approved by the Ministry of Environmental Protection in February 2017.
    On July 13, 2018, the construction was approved by the Guizhou Provincial Government.
    On November 18, the project feasibility study report was officially approved by Sinopec

    Corp.
    It is planned to be completed by the end of 2022 and put into commercial operation in 2023

    .

    He Zonghui, Member of the Party Committee and Deputy General Manager of Guizhou Panjiang Coal and Electricity Group, Zhao Bin, Deputy Chief Engineer of Sinopec Great Wall Energy Chemical (Guizhou) Company, Yang Hua, Secretary of Zhijin County Party Committee, Pan Fayong, Deputy Secretary of the County Party Committee and Mayor, Party Worker of Zhijin Economic Development Zone Wang Xingming, deputy secretary of the committee and deputy director of the management committee, attended the signing ceremony
    .

    Sinopec Zhijin 600,000-ton coal-to-olefin project is a super-large energy chemical project invested and constructed by Sinopec and Guizhou Province for the clean and efficient utilization of coal resources.
    It is located in Chadian Township, Zhijin County, Bijie City, Guizhou Province, covering an area of ​​about 4,515 mu.
    Four sets of large-scale chemical plants including 1.
    8 million tons/year coal-to-methanol, 1.
    8 million tons/year methanol-to-olefins, 350,000 tons/year polypropylene, 300,000 tons/year polyethylene and 2×350MW thermal power station supporting projects

    .
    The project was approved by the Ministry of Environmental Protection in February 2017.
    On July 13, 2018, the construction was approved by the Guizhou Provincial Government.
    On November 18, the project feasibility study report was officially approved by Sinopec

    Corp.
    It is planned to be completed by the end of 2022 and put into commercial operation in 2023

    .
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