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According to reports, the project was jointly funded by Yangquan Coal Industry (Group) Co., Ltd., Jilin Province Longyuan Agricultural Production Group Co., Ltd., and Heshun Yinhe Chemical Co., Ltd. The total investment of the first phase of the project was 890 million yuan. The cycle is 15 months and is scheduled to run in July 2011. The construction scale is to produce 180,000 tons of synthetic ammonia, 30,000 tons of methanol and 300,000 tons of urea annually. After the project is completed, it will realize an annual sales income of 556 million yuan, an average annual profit and tax of 8724 million yuan, and an average annual profit of 65.43 million yuan.
At present, domestic ammonia plants are being developed to large-scale or super-large-scale, so as to reduce investment and improve economic efficiency and achieve energy-saving and emission reduction. Ma Anmin, director of Yangmei Coal Chemical Industrial Management Bureau, said that due to the project's adoption of pressure swing adsorption oxygen-enriched continuous gasification, wet catalytic oxidation desulfurization, sulfur-resistant “all-low-change†conversion, pressure swing adsorption decarburization, and alcohol Hydrocarbonation, carbon dioxide stripping urea process. Transformation and decarburization, alcohol alkylation and ammonia synthesis using energy isobaric operation cascade, micro-vortex circulating water treatment, continuous melting sulfur, hydrogen release from purge gas, exhaust gas concentration recovery and other advanced domestic environmental protection technologies and cutting-edge energy-saving emission reduction technologies , It has become the most modern coal chemical plant with the most energy saving, emission reduction and environmental protection technologies in the urea plant in Shanxi Province. Therefore, the construction of large-scale fertilizer plants using the abundant local coal resources as raw materials conforms to the national industrial policy and also meets the company's long-term development plan.
This project is another key project of Yangyang Coal Group after the construction of an annual 400,000-ton calcium carbide project in Xiyang, which was started on December 11 this year. According to the plan, Yangmei Chemical Industry will increase sales revenue by RMB 10 billion this year. By 2010, Yangmei Group's annual operating income is expected to exceed 55.8 billion yuan, of which coal will no longer play a leading role, and the chemical industry will become the group's new army.
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On December 28th, Yangmei Coal Group Heshun Chemical Co., Ltd. produced 1 million tons of urea annually and laid the foundation in Heshun County, Jinzhong City. The project includes the key technologies and latest technologies in the field of energy saving in the production of synthetic ammonia and urea from anthracite as raw materials in the nitrogen fertilizer industry in China. It has become the first chemical fertilizer plant with advanced energy conservation and emission reduction technologies in Shanxi Province.