High value-added coal chemical projects help to create highland coal and coal chemical development

China Drying Network News Pangang Group, Panzhihua Group, Zhongyi Group Co., Ltd. jointly constructed high-value coal chemical project - 400,000 tons/year coal tar deep processing project and 120,000 tons/year new process carbon black project signing ceremony Jinhai New Century Grand Hotel was held. The settlement of the project in the West District will play a crucial role in forming coal and coal chemical industrial clusters in the Western Region, promoting the extension of the coal and coal chemical industry chain, and developing the highland of coal and coal chemical industry development in the West during the “Twelfth Five-Year Plan” period.

The total investment of the 400,000-ton/year coal tar project and the 120,000 tons/year new process carbon black project is about RMB 1.1 billion, which is invested in two phases. The first phase is mainly 400,000 tons/year coal tar deep-processing project and 120,000 tons/year. The annual new process carbon black project and related infrastructure, supporting facilities, etc., plans to invest 500 million yuan, after completion of production will realize sales revenue of 1.5 billion yuan; the second phase is mainly refined processing of tar processing of downstream products (including 50,000 T/a industrial naphthalene deep processing, 3600 tons/a carbazole deep processing, 100,000 tons/a bitumen processing, 6,000 tons/a methylnaphthalene production line construction, etc.), plans to invest 600 million yuan, will increase sales revenue by 1.5 billion yuan The total sales revenue reached 3 billion yuan.

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