China National Coal Group to Invest on Golmud Olefin Unit

According to sources, Qinghai Mining Group plans to construct a 600kt/a MTO project at Golmud Industrial Park, Qinghai Province. Recently, this project gets great progress again. The president of China National Coal Group will conduct further cooperation with Qinghai Mining Group, which means China National Coal Group will invest on the olefin unit in Golmud in the future.

The coal chemical products at China National Coal Group are abundant and mainly include olefins, methanol, urea, nitramine, coke, etc. Moreover, the capacity of MTO units at China Coal Mengda New Energy & Chemical and China Coal Yulin Energy & Chemical is 600kt/a, and the production experience and technology are mature.

In Qinghai, the output of C4 resources is relatively low, and only PetroChina Golmud Refinery Company can sell resources to the market. Besides, only the MTO unit at Qinghai Salt Lake Magnesium Industry is put into operation, and the merchantable LPG volume is extremely low. On the whole, the olefin project in Golmud will further rise the butylene supply in Northwest China.