Recently, Shaanxi Yulin Energy Group Co., Ltd. successfully extracted its first loan of 53.0848 million yuan from Shanghai Pudong Development Bank, marking the official syndicated loan for the first phase of coal-based 1.2 million tons/year ethylene glycol 400,000 tons/year ethylene glycol start-up project. Landed.
Since the company held the syndicated loan contract signing ceremony on November 26, 2020, the company’s financial assets department has made rapid progress, made breakthroughs one by one, overcome difficulties, and successfully completed the syndicated loan The two contracts will officially take effect in March 2021.
On October 25, 2020, a joint meeting of the syndicated loan for the 400,000 tons/year ethylene glycol project of Shaanxi Yuneng Chemical Materials Co., Ltd. was held at the Yulin Branch of Shanghai Pudong Development Bank, the lead bank. Li Yong’an, President of the Bank’s Yulin Branch, Lu Xuehua, General Manager of the company, and Li Zhiwei, Director of the Financial Assets Department of the Group Company, attended the meeting. The leading bank, participating banks, group companies and relevant personnel of the company attended the meeting.
The meeting discussed and decided on matters related to the syndicated loan grouping of the ethylene glycol project, and clarified that the total amount of the grouping was 4.1 billion yuan. Li Yongan made a concluding speech. The successful convening of this meeting marked the successful formation of a syndicated loan for the ethylene glycol project, providing strong financial guarantee for project construction.
Project Progress
April 22-24, 2021, Shaanxi Yulin Energy Group Co., Ltd. The first phase of the 400,000 tons/year ethylene glycol start-up project to produce 1.2 million tons/year ethylene glycol from coal has completed 90% 3D model review of the air separation unit.
The ethylene glycol project supports an air separation unit with a capacity of 60,000m³/h oxygen. It adopts the classic internal compression process of Air Liquide and mainly provides a pressure of 5.4Mpa and a purity of 5.4Mpa to the gasification unit. 99.6% high-pressure oxygen, and provides various grades of nitrogen, factory air and instrument air to other devices.
On March 9, General Manager Lu Xuehua, Deputy General Manager Li Zhengang, and Wang Haishe of Yuneng Chemical Company went to Hualu Engineering Technology Co., Ltd. to organize an air separation unit design coordination meeting meeting.
On March 1, Shaanxi Yuneng Chemical Materials Co., Ltd.’s coal-based 1.2 million ethylene glycol phase I 400,000-ton ethylene glycol start-up project main unit engineering PC project had a grand opening ceremony held.
On January 29, the first phase of the 400,000 tons/year ethylene glycol project of Yuneng Chemical Materials Co., Ltd. organized a meeting for the ethylene glycol project desalted water 90 %Model review meeting.
On October 28, 2020, the project’s start date was determined.
Project Overview
Shaanxi Yulin Energy Group Co., Ltd. produces 1.2 million tons/year ethylene dioxide from coal The first phase of the 400,000 tons/year ethylene glycol start-up project is a start-up project of Yuneng Group Company in the coal-based clean fuel base and high-end chemical materials base in Qingshui Industrial Park, Yushen Industrial Zone. The total planned area is 1,711 acres. The project is expected to invest 6.243 billion yuan, with an environmental protection investment of 532.6274 million yuan, and a construction period of 30 months. It is planned to be completed and put into operation in June 2022.
The first phase of Yulin Energy’s 400,000 tons/year ethylene glycol project uses mixed coal as raw material and uses Colin’s pulverized coal gasification to produce crude syngas. The crude syngas is divided into two streams after conversion. After one stream of crude syngas undergoes heat recovery, it is sent to low-temperature methanol to elute the sulfur and CO2 impurities. The purified syngas is cryogenically separated to obtain the CO product, which is used for ethylene dioxide. The alcohol unit is used, and the hydrogen-rich gas separated by cryogenics is sent to the pressure swing adsorption device to extract H2; the other crude synthesis gas undergoes two-stage isothermal transformation, and is sent to low-temperature methanol to elute the sulfur and CO2 impurities, and then separated from the cryogenics The rich hydrogen gas enters PSA-H2 together to obtain H2 product for use in the ethylene glycol unit. Ethylene glycol is synthesized by Zhongke Far East Technology. Using CO as raw material, dimethyl oxalate (DMO) is synthesized through oxidative coupling reaction, and dimethyl oxalate is then hydrogenated to synthesize ethylene glycol
The project construction includes a coal gasification device , purification device, H2/CO separation device, ethylene glycol device, etc. Public works and supporting auxiliary facilities include: 3×350t/h high-temperature and high-pressure circulating fluidized bed boiler + 2×30MW pump-back steam turbine generator unit, air separation unit, circulating water station, desalted water station, storage and transportation facilities, and sewage treatment Stand and wait. The coal gasification unit adopts Colin’s pulverized coal gasification technology, including 2 pulverized coal gasifiers; the ethylene glycol unit adopts Zhongke Far East’s ethylene glycol technology. </p
