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, On March 20, a single approval document from the Ecological Environment Bureau of Yulin City, Shaanxi, China, pressed the "accelerator" for the Phase II project of Shaanxi Coal Group Yulin Chemical, which has a total investment exceeding 62 billion yuan. The approval granted this time is for a critical power supporting project in the project's first phase—the 330kV main substation and 24-circuit 110kV line project, with a total investment of approximately 560 million yuan. This signifies that this world's largest coal chemical project under construction has taken a significant step closer to official commissioning.
As a key project in the "14th Five-Year Plan" for both Shaanxi Province and Yulin City, the Shaanxi Coal Phase II project has attracted considerable attention since its planning stage. Building upon the Phase I foundation, the project extends the industrial chain and will ultimately produce over 30 types of end products across four major fields, including high-value-added materials and battery electrolyte solvents. Simply put, it aims to utilize coal to its fullest extent, transforming it from a basic fuel into high-end chemical raw materials.
The power project approved this time serves as the "power heart" for the entire first phase of the project. The first phase primarily involves constructing core facilities such as a 5.6 million tons/year coal-to-methanol unit and a 1.5 million tons/year methanol-to-olefins unit, which will produce a total of 2.77 million tons/year of eight product types, including polyethylene, polypropylene, and EVA.
Such a massive production scale requires stable and reliable power supply. The newly built 330kV main substation and six 110kV regional substations are precisely the key infrastructure providing power for these large-scale installations.
It is worth noting that the project also includes supporting water electrolysis hydrogen production facilities, with a hydrogen production capacity of up to 12,000 Nm³/h. This reflects the project's layout in terms of "cleanliness and efficiency." The project occupies a total area of approximately 9,200 mu (about 613 hectares), with a total investment of around 62 billion yuan. Upon completion, it is expected to generate an average annual sales revenue of 20.7 billion yuan and a post-tax profit of 3.3 billion yuan, demonstrating considerable economic benefits.
From obtaining 19 important permits, including environmental impact assessment, approval, and water intake licenses, to the recent approval of the environmental impact assessment for the power supporting project, the outline of this "giant" project is becoming increasingly clear. With the resolution of this critical power node, the project has entered the countdown to its final completion and commissioning.
