JISCO Coal Chemical Industry Overview
Gansu Honghui Energy Chemical Co., Ltd.
Gansu Honghui Energy Chemical Co., Ltd.(Honghui for short) is a mixed economy ownership enterprise with a registered capital of RMB 3 billion, jointly financed by JISCO and Guanghui Energy Co., Ltd. Each party contributes 50%.
Relying on the solid industrial foundation accumulated by JISCO for many years, the abundant water resources of the Taolai River, Jiayuguan’s position as the hub for coal going east from Xinjiang, and the unique high volatile oil-rich coal resources of Numao Lake in Hami, Honghui has planned and laid out a 30 million tons coal separation and utilization project in Jiayuguan area.
After the implementation of the project, JISCO can expand the coal chemical industry and further optimize the industrial structure based on the industrial design of steel, electrolytic aluminum, energy, equipment manufacturing, non-ferrous metallurgy, and other diversified sectors; making the Group’s steel – electrolytic aluminum – power – coal chemical – ferroalloy and other industries are organically linked together, constituting a multi-production technology development mode, not only extend the coal resource industry chain, to achieve coal “eat up and squeeze out,” but also promote the development of a variety of industrial linkage coupling, form a new growth pole to encourage the economic transformation and development of JISCO. It will play a positive role for JISCO to realize transformation and upgrading, develop a circular economy and drive the coordinated growth of the regional economy. At the same time, it will achieve the goal of external expansion and development of Guanghui Energy Co., Ltd.
The company’s main business scope: The company utilizes low-grade coal with high oil content and high volatile matter to carry out graded utilization and gradually extend the coal chemical industry chain. The company mainly deals with coal upgrading and coal chemical extension products.
The primary research and development direction of Honghui: the company adopts the leading large-scale kiln low-temperature distillation process technology and equipment, breaking through the technical bottleneck of pulverized coal low-temperature distillation and large-scale equipment. In the actual production process, research and develop the process technology package with independent intellectual property rights and production technology standards and protocols such as safe operation and equipment maintenance, forming a patented technology so that the enterprise becomes the leader in pulverized coal low-temperature dry distillation industry.
Hong Hui applies the industry-leading coal tar hydrogenation technology. In the actual production process, we should research and develop the patented coal tar hydrogenation technology with independent intellectual property rights, improve the technology of coal tar hydrogenation to produce light fuel oil, and make the enterprise a new main force in the fuel industry.