On December 11, Inner Mongolia Baofeng Coal-based New Materials Co., Ltd. 4×1 million tons/year coal-to-olefins demonstration project environmental impact assessment public participated in the second public announcement.
Inner Mongolia Baofeng Coal-based New Materials Co., Ltd. 4×1 million tons/year coal-to-olefin demonstration project covers an area of 594.43 hectares with a total investment of 67365.45 million yuan.
This project uses coal as the raw material to produce methanol, and then through the MTO device and olefin separation to produce polymerization grade ethylene and propylene. The polymerization grade ethylene and propylene are respectively sent to PP polymerization and PE polymerization to produce polyolefin products, supporting 5×2.2 million Tons/year methanol (including air separation, gasification, conversion, purification), 4×1 million tons/year methanol to olefins (including olefin separation), 4×500,000 tons/year polypropylene, 4×550,000 tons/year Polyethylene, 1 set of 250,000 tons/year C4 production 1-butene unit, 1 set of 290,000 tons/year steam cracker. In addition to the main products PP and PE, the plant also produces sulfur, fuel oil, heavy C4, C5, MTBE and other products at the same time.
It is reported that Johnson Mattei will provide patented technology, engineering design review, assist in start-up, and provide catalysts for five methanol plants. Johnson Mattei methanol technology uses synthesis gas as the raw material.
At the same time, East China University of Science and Technology and Inner Mongolia Baofeng Coal-based New Materials Co., Ltd. signed a multi-nozzle opposed coal-water slurry gasification technology patent implementation license (4×1 million tons/year coal-to-olefin demonstration project supporting methanol project 1100 10,000 tons/year), and completed the preparation of the process software package.
The 4×1 million tons/year coal-to-olefin demonstration project plans to build 20 single-furnace multi-nozzle opposed coal-water slurry gasifiers with a daily processing capacity of 4,000 tons of coal, 15 openings and 5 preparations, and the total effective gas capacity of the installation (CO+H2 ) 3.3 million Nm3/h. This project is not only the largest coal gasification project applied since the industrialization of the multi-nozzle opposed coal-water slurry gasification technology of East China University of Science and Technology in 2005, but also the largest coal chemical project that has been built and is under construction in the country.
In October 2020, Dalian Institute of Chemical Technology and Ningxia Baofeng Group signed a one-time technical license contract for 5 sets of DMTO-Ⅲ industrial equipment with a capacity of 1 million tons/year of olefins, with a total investment of RMB 81 billion. The annual output value can be achieved after production 50 billion yuan. At present, the DMTO series technology has accumulated 31 sets of technical licenses (14 sets in production), corresponding to an olefin production capacity of 20.25 million tons/year, and it is expected to drive an investment of more than 400 billion yuan. After all, the annual output value can exceed 200 billion yuan.
It is reported that the methanol processing capacity of a single set of industrial plants with DMTO and DMTO-Ⅱ technology is 1.8 million tons/year. DMTO technology consumes 2.97 tons of methanol raw material per ton of olefin (ethylene + propylene). DMTO-Ⅱ technology is based on DMTO technology with a by-product of C4 and above (C4+) cracking units. Its raw material consumption is lower than that of DMTO technology. . DMTO-Ⅲ technology adopts a new generation of catalysts. Through the innovation of reactor and process, there is no need to set up a separate by-product cracking unit with more than C4 components, which can achieve a single set of industrial equipment with a methanol processing capacity of 3 million tons/year Above, the process simulation results show that methanol consumption per ton of olefins (ethylene + propylene) in industrial plants can be reduced to 2.62-2.66 tons.
On July 2, Ningxia Baofeng Energy Group Co., Ltd. (abbreviated as "Baofeng Energy") issued the "Announcement on the Proposed Foreign Investment and Establishment of Subsidiaries." The announcement shows: Baofeng Energy plans to set up a subsidiary in Inner Mongolia with the company's wholly-owned subsidiary Ningxia Baofeng Energy Group Olefin Second Plant Co., Ltd. for RMB 950 million.
The announcement shows that the newly established subsidiary is tentatively named Inner Mongolia Baofeng Coal-based New Materials Co., Ltd., with a registered capital of 1 billion yuan. Among them, Baofeng Energy invested 950 million yuan, holding 95% of the equity; the second olefin plant invested 50 million, holding 5% of the equity.
The establishment of a subsidiary company in this region will further extend the coal chemical industry circular economy industrial chain, truly realize the transformation of Ordos coal resources from "fuel-based" to "raw material-based", and products from "general processing" to "high-end manufacturing", realizing regional industry Optimize the structure to strengthen and expand the coal-to-olefins and downstream high-end materials and fine chemical industries. After the completion of this foreign investment, the company's scale advantage and industry strategic position will be further enhanced, and it will play a powerful role in promoting the company's overall profitability.
