Xinjiang Guanghui New Energy Co., Ltd. is located in Naomaohu Town, Yiwu County, Hami City, Xinjiang. Xinjiang Guanghui Industrial Investment Group is a large private enterprise with the highest economic strength in China. In order to seize the special market opportunity of China's western development, speed up the adjustment of energy structure, and develop clean oil alternative energy, through various efforts, the Group has obtained large-scale open-pit mining and coal-based mining in 8 blocks (240 square kilometers, with a predicted reserve of 4.8 billion tons) in Naomaohu District, Yiwu County, Hami Prefecture, Xinjiang.
As one of the pioneer developers of coal-based alcohol ether fuel in China, Guanghui Group will make use of the abundant coal resources in Naomaohu, Hami, Xinjiang, and introduce advanced technologies and equipment for methanol/dimethyl ether production from coal at home and abroad. It is planned to invest 28-35 billion yuan through the implementation of the fourth phase of the project in 65438+00 years, and finally form an annual output of 600-65438+million tons of methanol /480-.
At present, Guanghui Group is about to start the first phase of construction in Naomaohu Industrial Development Zone, Yiwu County, Hami Prefecture, Xinjiang, with a total investment of 6.75 billion yuan to build two methanol/dimethyl ether plants with an annual output of 600,000 tons. When the first phase of the project is put into production in 2009, the total production capacity of the project will reach 65.438+200,000 tons of methanol/840,000 tons of dimethyl ether, with an annual direct sales income of 2.7 billion yuan and a net profit of 6.7 billion yuan.