Zhongtai Jinhui to invest and build 300kt/year of BDO project

Xinjiang Jinhui Zhaofeng Energy Co., Ltd. is a controlling subsidiary of Xinjiang Zhongtai Chemical Co., Ltd. Zhongtai Chemical has 36.0645% of shareholding, the largest shareholder of Xinjiang Jinhui Zhaofeng Energy Co., Ltd. Relying on the rich coal, salt, limestone and other resources in Baicheng County, Xinjiang, Jinhui Zhaofeng has completed and put into production 1.3 million tons of coking, 1.8 million tons of coal washing, 1 million tons of cement, 2 × 350MW self-powered thermal power plant and 88kt of LNG, and its 750kt/year calcium carbide project is under construction now, which is expected to be completed in July 2022.

In order to extend the industrial chain of circular economy, improve the company's industrial structure, and seize the BDO market opportunity, Jinhui Zhaofeng's wholly owned subsidiary Xinjiang Zhongtai Jinhui Technology Co., Ltd. plans to build 300kt/year of BDO project.

This BDO project is located in New Industrial Park area of Baicheng County, Aksu Prefecture, Xinjiang, which will take 27 months to complete and include 120kt/year of calcium carbide acetylene, 3×100kt/year BDO, 3×240kt/year methanol-based formaldehyde and 28000Nm3/h natural gas hydrogen production plant. The investment of this project is scheduled to be 5115.66 million Yuan.