Company Won the Bid of 360 Million Yuan Project in Xinjiang

 On March 23th, the company won the bid for the construction and installation project of 6,000,000 t/a coal pyrolysis quality upgrading plant of Xinjiang Yiwu Jiangna Material Co., Ltd. (Phase I: 3,000,000 t/a). The bidding price is 360 million yuan, including the fabrication and installation of 20 sets 150,000 t/a carbonization furnaces, storage tanks, pipe gallery, plant and other ancillary works.

 The project is located in Yiwu County, Hami District, Xinjiang, the northern foot of Tianshan Mountain, and relying on the coal resources of Xinjiang jiangna mining industry Co., Ltd, development of low rank coal classification and quality utilization projects in rich coal resource areas, The surplus raw gas is extracted from CO, H2 and CO2 by PSA to produce high value-added methanol and glycol, and the surplus coal tar is hydrotreated to produce high-quality oil products. The winning of the bid is another major breakthrough in the company's territorial cooperation. The project conforms to the relevant national industrial policies. It is a great significance to promote the coal development in Kumul region, promote the transformation of resources, and promote the development of local economy. It also has strategic significance to the company's long-term development in the Xinjiang.