China Coal Energy announced that its wholly-owned subsidiary China Coal Shaanxi Company intends to invest in the construction of China Coal Yulin Coal Deep Processing Base Project.
The total investment of this project is 23.888 billion yuan. The project design scale is 2.2 million mt of methanol per year and 900,000 mt of polyolefin per year.
One set of EVA and three sets of polyolefin plants will be built to produce a series of high-end polyolefin products.