1) 2 Million-ton/year Coal-to-oil project with a total investment of 29 billion yuan started
On May 8, the start-up special meeting of the 2 million ton/year Indirect Coal Liquefaction Demonstration Project of Inner Mongolia Yitai CTO Co., Ltd. was held in Dalu Industrial Park. With a total investment of 29.07 billion yuan, the project started construction in June 2017. Up to now, 903 million yuan has been accumulatively invested, and the project is expected to enter full construction phase in the second half of 2020.
2) Design contract signed for 1.2 million-ton PBAT project in Xinjiang with a total investment of 30 billion yuan
On May 7, Hualu Engineering& Technology Co. Ltd. and Xinjiang Wangjinglong New Materials Co., Ltd. held the signing ceremony of the overall design contract for the PBAT industrial chain project with an annual output of 1.2 million tons. The project is located in the Petroleum and Petrochemical Industrial Park, Shangku High-tech Zone, Korla City, Bayingolin Autonomous Prefecture, Xinjiang, covering an area of 3,875 mu. The main units of the project include: PBAT plant with an annual output of 1.3 million tons (Including the start-up project with an annual output of 100,000 tons of PBAT and two units with an annual output of 600,000 tons of PBAT); ethylene glycol plant with an annual output of 400,000 tons (applying the second-generation high-pressure carbonylation process of Wuzheng Engineering (Shanghai) Co. Ltd), oxalamide plant with annual output of 500,000 tons (new pollution-free slow-release fertilizer), POM (polyoxymethylene) plant with annual output of 200,000 tons; hydrogen energy industry.
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2) 总投资300亿 新疆120万吨PBAT项目合同签约