Recently, the Information Office of the Government of Zoucheng City, Shandong Province organized and held the second press conference in a series of press conferences on the theme of "Entering the Project and Seeing Development" to introduce the basic situation of Hengxin Group's coal-based chemical coupled hydrogen energy low-carbon demonstration industry project.
  According to the press conference, Shandong Hengxin Group is the main enterprise in the coal-based fine chemical chain in Shandong Province. The coal-based chemical industry coupled with hydrogen energy and low-carbon demonstration industry project has Shandong Hengxin Group Co., Ltd. as the main body, and combines Shandong Energy Group Co., Ltd., Huadian International Power Co., Ltd. and other enterprises to build an industrial cluster to create coal-based high-end chemicals, new materials, and clean Energy 13 key projects, including the industry chain, have been listed as major supporting and leading projects for the conversion of old and new kinetic energy in Shandong Province during the "14th Five-Year Plan". The total planned investment of the project is 78.6 billion yuan, and the specific construction contents include:
  Biodegradable plastics integrated industry project
  The total investment of the project is about 5.02 billion yuan. It uses the existing abundant formaldehyde, hydrogen, and pure benzene resources to extend the chain. It mainly builds 2× 120,000 tons/a 1,4-butanediol (BDO), 2× 60,000 tons/a PBAT, 60,000 tons/a PBS and supporting 50,000 tons/a succinic acid.
  Among them, PBAT biodegradable plastics are expected to degrade into biomass such as carbon dioxide and water under the action of microorganisms in 3 months to 6 months under natural conditions such as soil and sand, effectively reducing the impact of plastic waste on soil and water environment. Pressure, fundamentally alleviating the problem of plastic pollution.
  At the same time, it is actively exploring the Spandex route and plans to invest another 800 million yuan to build a 2× 50,000 t/a PTMEG production plant. After the project is completed, it will realize new sales revenue of 15 billion yuan and profits and taxes of 3.4 billion yuan.
  500,000 t/a ethanol project
  The project is the first application of DMTE technology from the Dalian Chemical Physics Research of the Chinese Academy of Sciences in Shandong Province. The construction scale is the largest in the country. The project can save 1.5 million tons of bioethanol raw grain every year and convert 1.5 million tons of low-grade coal every year. The total investment of the project is 3.1 billion yuan. After completion, sales revenue of 6 billion yuan and profits and taxes of 1.35 billion yuan can be achieved.
  New material-related projects
  Hengxin Group's new material needle coke products have broken the foreign monopoly on China's high-end electrode raw materials, solved the technical problem of "stuck necks", and filled the gap in China. The 100,000 t/a ultra-high power graphite electrode project is an important project for the Group to extend the downstream industrial chain. It produces high-power and ultra-high power graphite electrodes ≥600 mm, realizes self-circulation of high-end carbon materials in China and reduces dependence on foreign related products. The project is expected to have a total investment of 3 billion yuan. After it is completed and put into operation, it will realize revenue of 8 billion yuan and profits and taxes of 2 billion yuan. Source: Huizheng Information