SINOPEC Great Wall Energy and Chemical (NingXia) Co., Ltd

Sinopec Great Wall Energy & Chemical (Ningxia) Co., Ltd. (Ningxia Energy & Chemical) is the first commercially operating enterprise in Sinopec's coal chemical sector, a large-scale circular economy demonstration enterprise in the Ningdong Energy & Chemical Base, and a leading industrial enterprise in Ningxia.

Development History:

June 2010: The predecessor, "Guodian Ningxia Yinglite Ningdong Coal-based Chemical Co., Ltd.", was established.

December 2012: Sinopec Great Wall Energy & Chemical acquired a 50% stake, forming a joint venture.

January 2014: Great Wall Energy & Chemical's shareholding increased to 95%; in September, the entire process of the plant was completed.

January 2016: Officially transitioned to commercial operation.

March 2021: Great Wall Energy & Chemical acquired 100% of the shares, becoming a wholly-owned subsidiary.

Main Business and Capacity:

Industry Structure: Integrated coal-power-chemical-materials production, clean and efficient utilization of coal.

Coal: Yinxing No. 2 (2.2 million tons/year) and Songxinzhuang (1.5 million tons/year) coal mines. Power: 2×330MW subcritical generator units, combined heat and power.

Chemical Products: Methanol, acetic acid, PVA (polyvinyl alcohol), BDO (1,4-butanediol), PTMEG (polytetramethylene ether glycol), etc.

Environmentally Friendly Building Materials: Cement clinker and cement products made from calcium carbide slag.

Ningxia Energy and Chemical's products can be divided into four categories: basic raw materials for coal chemical industry, PVA industrial chain, BDO/PTMEG new materials, and energy and building materials. The core are two high-value-added chemical industrial chains.

I. Basic Raw Materials (Leading Units)

Methanol: 620,000 tons/year (coal-based)

Calcium Carbide: 750,000 tons/year; Acetylene: 230,000 tons/year

Formaldehyde: 440,000 tons/year

Acetic Acid: 300,000–400,000 tons/year

II. PVA Industry Chain (Acetic Acid → VAC → PVA)

Vinyl Acetate (VAC): 450,000 tons/year

Polyvinyl Alcohol (PVA): 100,000 tons/year (used in slurries, adhesives, architectural coatings, and vinylon fibers)

Polyvinyl Alcohol

III. BDO/PTMEG New Material Chain (Formaldehyde → BDO → THF → PTMEG)

1,4-Butanediol (BDO): 208,000–221,000 tons/year

Tetrahydrofuran (THF): 100,000 tons/year

Polytetramethylene Ether Glycol (PTMEG): 92,000 tons/year (core raw material for spandex and high-end polyurethane)

IV. Energy and Building Materials

Power: 2 × 330MW Cogeneration (CHP), primarily for self-consumption, with surplus exported.

Heat: Industrial steam, heating steam.

Cement (including clinker): 1 million tons/year (comprehensive utilization of calcium carbide slag, zero solid waste discharge).

V. Simplified Industrial Chain Diagram (Simply put):

Coal/Electricity → Methanol/Calcium Carbide → Acetic Acid/VAC → PVA; Formaldehyde → BDO → THF → PTMEG; Calcium Carbide Slag → Cement

Core Advantages and Value of the Enterprise

1. Circular Economy Advantage: The Ningdong Base was among the first to achieve zero industrial wastewater discharge, with all waste residue and waste gas recycled and reused, setting a benchmark for green production in Northwest China's coal chemical industry.

2. Technological and Safety Advantage: Possesses a professional coal chemical technology R&D platform, has won national-level safety science and technology awards, and its safety production standards meet the highest control requirements of Sinopec.

3. Strategic Industrial Value: Completes Sinopec's Northwest coal chemical industry layout, supports the national strategy of clean coal utilization and energy supply security, and simultaneously drives high-quality development of Ningxia's local industrial economy.