Yulin, Shaanxi – Shaanxi Coal and Chemical Industry Group (SCCIG) broke ground in April on a 1.8MT/year ethylene glycol (EG) plant in Yulin, Shaanxi province.
China’s Shaanxi Coal and Chemical breaks ground on EG plant
Breaking ground on the project
Situated in the city’s Qingshui Industrial Park, the plant will cover 440 Ha (1.76 sq mi). Investment totalling CNY 21.9bn ($3.4bn) has been earmarked for the project. June 2021 is the planned start date for the project.
SCCIG also plans to build a series of projects for coal based chemical materials with CNY 80.3bn overall investment starting in 2019, said the Group’s website.
By the end of 2025, all of the projects are scheduled to begin operation. They will have nearly 6MT/year total capacity and consume 20MT/year coal.
Headquartered in Xi’an, Shaanxi, SCCIG is a state-owned conglomerate with 120,000 employees and CNY 470bn total assets. In 2017 it reported CNY 10.5bn annual profit on CNY 260bn revenue.
The Group’s new material research institute is also upping its efforts in PU elastane, foam and adhesives, said the website.
Currency Conversion: Xe.com
