Yu Neng Group's two 10 billion-level projects, 200000 tons/year ethylene oxide combined plant, 100000 tons/year POE and 250000 tons/year epoxy resin plant, have all made new progress!

1、 Latest construction updates of the project

china's Shaanxi Yulin Yuneng Group's two major new material projects have recently landed in succession at key nodes: on November 1, the 200000-ton/year ethylene oxide joint plant of Shaanxi Yuneng Fine Chemical Materials Co., Ltd. was successfully handed over and entered the preparatory stage for commissioning. On October 20, the 100000-ton/year POE and 250000-ton/year epoxy resin core units of the first phase of the new material epoxy resin integration project of Yuneng Energy were officially started. The two local factories in Yulin, China, belong to two tracks, and jointly implement the "coal head and tail" route. Relying on the mutual supply of chlor-alkali and blue carbon resources in the park, the coal raw materials are converted into high-end materials for wind power, photovoltaic and electronics industries. The fine chemical project focuses on fine chemical and environmental protection building materials, and the new materials project focuses on photovoltaics, electronics, new energy high-end polymers.

2、 Differentiation Path and Trade Interpretation of the Four Major Coal Chemical Industry Leaders in Yulin

China's Shaanxi Yulin coal forecast reserves of 280 billion tons, local coal chemical enterprises bid farewell to homogenization competition, four head factories choose four different upgrade routes, overseas traders to study the rhythm of the supply of great reference significance. China Coal Shaanxi Factory will follow the mature MTO scale route. The first phase of 2.05 million tons/year methanol and 600000 tons/year polyolefin will be put into production in 2014. The second phase of 2.2 million tons/year methanol and 900000 tons/year polyolefin will be delivered in July 2026, with LDPE/EVA, and upgraded to high value-added brands such as photovoltaic film. Relying on the 15 million-ton/year coal sub-quality project, Shaanxi Coal-to-olefin and coal-to-aromatics are parallel. The second phase is planned to include 5.6 million tons of methanol and 1.5 million tons of MTO, supporting FDPE, PP, EVA, etc. The long-term layout of electrolyte solvents and degradable materials is the longest in the industrial chain. Extend the coal chemical plant to avoid the mainstream MTO route, relying on its own methanol, acetic acid, ethanol production capacity, take the "ethanol-ethylene-high-end polyolefin" route, planning POE, alpha-olefins and other products, cut into the photovoltaic film, automotive lightweight import alternative track.

From the perspective of supply chain, China's Yulin regional supply structure is being reconstructed: general PE, PP increment mainly from China Coal Shaanxi, Shaanxi coal Yuhua. With the commissioning of the plant, the demand for trade in intermediates such as bisphenol A, epoxy chloropropane and alpha-olefins will continue to be released, and overseas traders can lay out their stocking and channels according to the timing of the commissioning of each plant.