23.788 billion yuan! Great Wall Chemicals breaks ground on 800,000-ton coal-to-olefins project

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Recently, the 800,000 tons/year coal-to-olefins upgrade demonstration project of Sinopec Great Wall Energy Chemical Co., Ltd. officially commenced construction in the Dalu Industrial Park of the Junggar Economic Development Zone. Currently, site leveling, construction scheme optimization and refinement, and various preliminary preparations are being carried out simultaneously and efficiently. All prerequisite support work is being implemented in an orderly manner, laying a solid foundation for accelerating the project's construction.

The project involves a total investment of 23.788 billion yuan, covers an area of 4,964 mu, and plans to an annual coal-to-olefins production capacity of 800,000 tons. It is expected to be fully completed and put into operation in September 2028. Upon reaching full production, the project will generate an annual manufacturing output value of 7.6 billion yuan.

Great Wall Energy Chemical is a wholly-owned subsidiary of Sinopec and serves as the core professional platform to the Group to implement its coal chemical research strategy and deeply cultivate the modern coal chemical sector. The enterprise continues to promote the transformation and upgrading of the coal chemical sector, having established a complete and mature modern production system. It currently possesses an annual coal production capacity of 23.8 million tons, a coal-to-polyolefin production capacity of 2.07 million tons, and a supporting chemical product capacity of 2.13 million tons, boasting a solid manufacturing foundation and sufficient technical reserves.

The launch of this new project will help address shortcomings in the regional coal chemical sector chain, extend upstream and downstream links, and drive manufacturing iteration and upgrading. It will continuously optimize the regional chemical manufacturing structure, elevate the overall level of manufacturing research, and continuously empower the high-condition research of the modern coal chemical sector cluster in Junggar Banner.

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