LONDON, August 4, 2020 (GLOBE NEWSWIRE) – Johnson Matthey (JM), the world’s leading sustainable generation company with expertise in the design and licensing of large-scale methanol plants, is pleased to announce a successful new license. JM was decided through the Chinese organization Ningxia Baofeng Energy as licensee of the third methanol synthesis plant at its olefinic coal complex near Yinchuan in Ningxia Province in China. With an expected capacity of 7200 mtpj, the methanol plant will be the world’s largest single train methanol plant when finished.
Under this agreement, Johnson Matthey will be the licensee and supplier of engineering, technical review, commissioning assistance, catalyst and supply of related appliances. The JM methanol plant will use fuel as a feed and use JM radial steam lift converters in a patented serial circuit. In collaboration with JM catalysts, to produce stabilized methanol as a product used to produce downstream olefins, the plant will supply progressive power, as well as low OPEX, CAPEX and emissions.
Initially, this will constitute JM’s eighth operating licence in China with a factory capacity of more than 5,500 mtpj. This is the third JM methanol design approved through Ningxia Baofeng Energy. This award follows the recent successful launch of the Baofeng 6600 mtpd methanol synthesis unit in May 2020 and the original methanol synthesis unit of 4450 mtpd, which was put into service in 2014. It demonstrates Baofeng’s popularity of JM’s technical leadership in this key developing market and is a testomony to Johnson Matthey’s commitment and determination to large-scale methanol production.
“We are very proud of our continued collaboration with Ningxia Baofeng Energy. This demonstrates his confidence in JM’s technical expertise and ability to design and deliver his methanol plants on a giant scale,” said John Gordon, Managing Director of Johnson Matthey. “In just over six years, it has been exciting to see that our strong partnership led to the commissioning of two large-scale plants with expanding volumes and a Third World plant along the way. We take a look at this ambitious next phase of our adventure.” and continue to raise the bar for the delivery of world-class projects.
Inspiring science, life
Ningxia Baofeng Energy was founded in 2005 and is the largest personal oilseed coal company to date in China. Baofeng Energy’s inventory is indexed on the Shanghai Stock Exchange under inventory code SH.600989. The company’s production base is located at the national energy and chemical base – Ningdong Energy – Chemical base in northwest China and is based on China’s energy deployment, which is “coal-rich and low in oil and gas”. Generators are making the most of local coal resources to build a chain of products “coal – coke – methanol – olefins – fine chemicals” in the 14,000-acre Ningdong chemical complex. The complex now produces 1,200 kt/year of polyolefins, 4,000 kt/year of methanol, 4,000 kt/year of coke and 780 kt/year of fine chemicals, which is the leading company in the built-in and environmentally friendly maximum coal industry. fabric industry. Baofeng will concentrate on poly-olefins and incorporate new power into the fashionable coal chemical industry, while pioneering the improvement of fashionable coal chemistry.
For more information contact: