Details of the Approval for the Industrial Project Filing of the Annual 1 Million mt Green Methanol Demonstration Project by Mingyang Green Chemical (Chifeng) Co., Ltd. (Development and Reform)
I. Basic Project Information
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Project Name: Annual 1 Million mt Green Methanol Demonstration Project by Mingyang Green Chemical (Chifeng) Co., Ltd.
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Project Entity: Mingyang Green Chemical (Chifeng) Co., Ltd.
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Construction Location: Linxi Industrial Park, Chifeng Nonferrous Metal Development Zone, Linxi County, Chifeng City, Inner Mongolia
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Total Investment: 6.7519799 billion yuan
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Filing Dates: October 13, 2023 (official filing approval), March 13, 2025 (filing information reiterated)
II. Funding Sources
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Self-Financing: 6.7519799 billion yuan
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Bank Loan Application: 0 yuan
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Other Funds: 0 yuan
III. Construction Scale and Content
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Total Land Area: 526 mu
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Total Building Area: 186,255 m², including 180,000 m² of newly constructed workshops and plants
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Main Construction Content:
- Construction of new hydrogen production facilities via water electrolysis, biomass gasification units, methanol synthesis units, methanol distillation units, as well as utilities and auxiliary facilities.
- Construction of a 220kV step-down substation for the hydrogen production plant.
- Installation of 49 alkaline water electrolyzers with a capacity of 1,000 Nm³/h each and 2 units with a capacity of 2,000 Nm³/h.
- Construction of 2 methanol synthesis units with an annual capacity of 100,000 mt each.
- Construction of other supporting auxiliary facilities.
IV. Production Scale
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Annual Green Hydrogen Production: 23,300 mt
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Annual Green Methanol Production: 175,000 mt (synthesis)
V. Construction Schedule and Plan
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Project Phases: The project will be constructed in two phases. Phase I will include the construction of a 600,000 mt/year methanol production line, and Phase II will include the construction of a 400,000 mt/year methanol production line.
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Planned Construction Period: Dec 2023-Nov 2025