Construction of the world's first single-series largest ethylene glycol plant

On July 1, the main plant project of ethylene glycol with an annual output of 1 million tons started construction in Toketo Industrial Park, Inner Mongolia. The project uses the world's advanced Davy company's independent technology to produce ethylene glycol, with a single series production capacity of 500,000 tons. It is the first set in the world and is invested and constructed by Inner Mongolia Jiutai New Material Company. It is reported that the total investment of the project is 13.3 billion yuan, covering an area of 2565 mu, and the construction scale of the project is 1 million tons of ethylene glycol per year. The project adopts the domestic mature Aerospace pulverized coal/SHELL pulverized coal gasification technology, low temperature methanol washing technology and the world's first advanced Davy formaldehyde hydrocarboxylation technology to produce ethylene glycol. The single series production capacity is 500,000 tons/year, and it is the largest ethylene glycol monomer unit in the world. The coal resources will be converted into high ethylene glycol in situ. Additional value of ethylene glycol. The construction period of the project is three years. It is planned to be completed by the end of 2020 and put into operation in 2021. After putting into operation, the annual sales revenue will be 10.6 billion yuan and the profit and tax will be 3.66 billion yuan.

At present, the pre-project formalities are complete and the project has entered the stage of full implementation. There are 14 large-scale construction areas, with an investment of about 2.57 billion yuan in 2018 and an estimated total investment of 8 billion yuan in 2019. In addition, in order to extend the industrial chain, deepen the industrial structure, further enhance the added value of products and actively develop downstream products, the second phase of the demonstration project of upgrading the polyester new material technology industry has been completed for the record.

The total investment of the demonstration project of technological upgrading of new polyester material industry supported by ethylene glycol is 59.749 billion yuan, covering an area of 8,626 mu, with a scale of 2.4 million tons/year PTA, 600,000 tons/year polystyrene, 170,000 tons/year surfactant, 110,000 tons/year water reducer and 300,000 tons/year liquefied natural gas. After the project is put into production, the annual revenue can reach 29.422 million tons. RMB 10.61 billion, profit and tax 10.61 billion. The completion of the project producing 1 million tons of ethylene glycol per year is of great significance to the rational transformation of local coal resources, the realization of industrial transformation and upgrading, and the promotion of local socio-economic development, which is in line with the development direction of the national coal chemical industry. It will also add new stars to the OEM industry of the autonomous region and even our country, and contribute to the upgrading of industrial structure and the high-quality development of regional economy.