Second Batch Key Projects Put into Construction at Ningdong Energy Base
Year:2020 ISSUE:15
COLUMN:NEWSDESK
Click:0    DateTime:Aug.10,2020

On July 25, the on-site promotion meeting was held at the construction site of Suli (Ningxia) New Materials Technology’s fine chemical project in Ningdong energy base coal chemical industrial park, marking the intensive kick-off of construction of the second batch 57 key projects.   

A total of 165 projects are planned in Ningdong base, with investment amounting to RMB219 billion and annual investment of RMB25.5 billion. The 57 projects cover industrial, infrastructure, ecological and environmental protection and public services, with a total investment of RMB40.2 billion and annual investment of RMB6.25 billion. 

Information from Ningdong base management committee showed that Baofeng Energy plans to build up a 500 kt/a coal-to-olefin (CTO) unit, a 500 kt/a olefin comprehensive utilization project, a 400 kt/a comprehensive utilization of coke oven gas-based methanol project, Ningdong energy centre and power island project, etc, which will benefit the resource comprehensive utilization. 

In the first half of 2020, Baofeng Energy’s phase II 2 200 kt/a methanol project launched operation and solar electrolysis hydrogen production project was smoothly put into construction. The company will ramp up its efforts and plans to invest RMB14.2 billion in a series of new key projects.