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It is understood that the total investment of the project is over 12 billion yuan. The project construction includes 1.8 million tons/year methanol plant, 600,000 tons/year MTO plant, 300,000 tons/year polyethylene plant, and 300,000 tons/year. Polypropylene installations. The project site is located in Haringer Town, southwest of Baotou City, covering an area of ​​about 300 hectares. The project adopts advanced technology to strengthen source control, and strives to reduce waste, recycle resources and reuse, and improve resource use efficiency.
After the project is completed and put into production, China will realize large-scale industrialization of coal to methanol and olefins. On the one hand, it has created a new approach to indirect oil substitution, which is conducive to improving China's oil security capabilities. On the other hand, promoting the organic integration of the coal chemical industry and the petrochemical industry will significantly increase the competitiveness of China's petrochemical products. At the same time, the promotion of the industrial continuation of state-owned coal enterprises will foster new growth points for the economic development of oil-rich coal-rich regions in China.
Recently, Inner Mongolia Baotou Shenhua Coal Chemical Co., Ltd. 600,000 tons/year coal-to-methanol to olefins project approved by the National Development and Reform Commission, which is China's first approved by the coal to methanol olefins plant.