On October 18th, the commencement ceremony of the 1.8 million ton methanol-to-olefin project of Zhejiang Xingxing New Energy Technology Co., Ltd., which adopted the DMTO technology of the Dalian Institute of Chemical Physics, Chinese Academy of Sciences, was held in Jiaxing Port District. Director of the Bureau Sun Dianyi, Deputy Director of Dalian Chemical Institute Feng Esheng, General Manager of Xinxing Energy Technology Co., Ltd. Lu Zhihui attended the ceremony accompanied by leaders of Jiaxing Municipal Party Committee Li Weining and other leaders. Feng Esheng delivered a speech on behalf of Dalian Chemical Institute and emerging companies. Congratulations on starting work.
Zhejiang Xingxing New Energy Technology Co., Ltd. plans to construct two sets of 1.8 million ton methanol-to-olefin projects in Jiaxing Port Area. The project covers an area of ​​633 acres with a total investment of 6 billion yuan. After completion and commissioning, annual sales income of 15 billion yuan can be achieved. The annual profit and tax increase is 2.5 billion yuan. The investment of the first-stage device is 3.2 billion yuan, and it is expected to be completed by the end of 2014.
In his speech, Li Weining spoke highly of the DMTO technology and believed that the technology has a high technological content and broad market prospects. After completion, it will effectively promote the accelerated development of the chemical new material industry and circular economy in Jiaxing Port Area, which will be an emerging issue for Zhejiang Province. The development of strategic industries and the transformation and upgrading of Jiaxing's economy have played an important role in promoting it.
DMTO technology was officially commercialized after the completion of the first set of 10,000-ton industrial tests in 2006. Shenhua Baotou Coal-to-olefin Demonstration Project, which uses DMTO core technology, is the world's first and the world's largest large-scale coal chemical project for the production of polyolefins for petrochemical products. The official commercial operation has been running steadily for more than two years, with an annual profit of more than 1 billion yuan.
Under the guidance of the national industrial policy, guided by the diversification of olefin raw materials, DMTO technology has licensed 18 sets of commercial devices with an olefin scale of 10.06 million tons per year. The situation will have an important impact, and it is expected that the social investment that can drive upstream and downstream industries exceeds 250 billion yuan. During the "Twelfth Five-Year Plan" period, the olefin production capacity of the DMTO licensed plant will reach 12-15 million tons per year, accounting for 30-50% of the national olefin production.
In addition to building coal-to-olefins projects in regions rich in coal reserves in western China, DMTO technology can be used to develop olefin downstream industries by outsourcing methanol in developed regions along the southeast coast of China where demand for olefin raw materials is strong. As a representative project, the DMTO plant of Ningbo Heyuan Chemical Co., Ltd., located in Zhenhai District, Ningbo City, has basically completed construction and is scheduled to be put into operation in early 2013; the start of the 1.8 million ton methanol-to-olefin project of Xingxing New Energy Technology Co., Ltd. marks The project has made substantial and significant progress again, and it has important and far-reaching impact as the largest industrialization project promoted and applied by the Chinese Academy of Sciences in Jiaxing; as the specific implementation of the goal of "developing a large platform, cultivating large enterprises, and forming a large industry" proposed by the Zhejiang provincial government The measures will actively contribute to the development of strategic emerging industries in Zhejiang Province.
The construction of these DMTO devices marks the rise of China's emerging olefin industry using coal or methanol as a raw material, and lays out China's international leading position in the world coal-to-olefin industrialization industry. It is a substitute for China's petrochemical raw materials and guarantees national energy security. Harmonizing and serving the national economic construction has important strategic significance; at the same time, it will effectively promote local economic development, increase employment opportunities, and show tremendous social benefits.
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