Pingliang became the main battlefield for the construction of Jidong National Energy and Chemical Industry Base
The construction of the Jidong National Energy and Chemical Industry Base has also provided strong support. A few days ago, from the Pingliang Coal Chemical Development Seminar, the Shaanxi Xingwang Enterprise Group will invest 21.8 billion yuan in Pingliang City, Gansu Province to implement a coal conversion and recycling economy project, and build an annual output of 1.8 million tons of coal to produce methanol and an annual output of 700,000 tons of olefins. Production line to extend the industrial chain of Pingliang East Energy and Chemical Industry Base.
Pingliang is the main battlefield for the construction of the state-level energy and chemical industry base in eastern Fujian. The coal, limestone, and oil and gas resources in the territory are rich in reserves. The coal geological reserves are expected to be more than 65 billion tons, among which proven reserves of 7.99 billion tons. In recent years, Pingliang has fully promoted the integration of coal-fired power generation, coal-fired electricity and metallurgy, and coal-electricity, and the pace of comprehensive energy development has been significantly accelerated. In 2011, Pingliang's raw coal production reached 24 million tons, and the coal chemical industry with methanol, dimethyl ether, acetic acid, formaldehyde, olefins, and polypropylene as its development direction was fully launched.
Shaanxi Xingwang Enterprise Group is the second largest manufacturer of nickel-cobalt metal materials in China. In order to promote the efficient transformation and recycling of Pingliang coal resources, they aimed at coal chemical projects with high industry thresholds, high technical requirements, large investment scale, and strong driving capacity.
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