Project Of 1,000,000-ton/year Biomass Mould Coal Project
Name of project: 1,000,000-ton/year Biomass Mould Coal Project of Qitaihe Longpeng Coal Development Co., Ltd.
Production(construction) scale: It is proposed to build one factory for processing biomass mould coal, including 200,000 tons of civil mould coal and 800,000 tons of industrial mould coal.
Brief description on the project: Biomass mould coal is one kind of mould coal technologies, it is a kind of solid fuel formed by adding 15-30% such plants as timber, sugarcrane or straw and desulfurizer in the coal below about 300mm and by high compaction force for shaping. Biomass mould coal has high technological content, the requirement for the quality of processing equipment is high. At present, the Unirecs Co., Ltd is the company holding the patent technology, Japanese Mitsubishi Corporation and Mitsubishi Chemical Engineering Machinery Company are engaged in the production of special equipment. Unirecs Co., Ltd relies on Japanese Energy Source Research Institute and the Energy Source Center of the State Development & Reform Commission of China and is popularizing biomass mould coal project in China. The 600,000-ton biomass mould coal project utilizing the loan of Japanese Government in Anshan, Liaoning is under construction; The 600,000-ton biomass mould coal project cooperatively built by Japanese Mitsubishi Corporation and Shenyang Qitian Thermal Company has been commenced. Qitaihe is an important Main Coking Coal production base in China and the largest anthracite production base in Heilongjiang. The annual output of raw coal is 24 million tons, the annual output of anthracite is 1.2 million tons, the annual output of coal slurry is 2 million tons and the annual output of coke slag is 500,000 tons. The raw materials of biomass mould coal is sufficient. Biomass mould coal is a kind of new environment-friendly energy source, it accords with national industry development direction and the demand on building saving-type society, the development prospect is broad. At present, the annual demand of Heilongjiang for mould coal is 8 million tons, the total demand of Northeast three provinces is about 20 million tons. In order to develop the industry of mould coal, in 2005, Qitaihe Government clinched a frame agreement with Harbin Municipal Government on the strategic cooperation for developing clean energy source, both parties are jointly engaged in the development and popularization of clean coal.
Present project progress: Japanese Unirecs Co., Ltd conducted essential negotiation with Qitaihe Municipal Government on 1,000,000-ton/year biomass mould coal project.
Total Investment and fund source: The total investment of the project is US$73.56 million, in which, US$63.01 million is for the investment as fixed assets and US$7.8 million is taken as the investment as current assets.
Cooperation means: solely investing, joint venture, cooperation.
Estimated economic benefit: after the project reaches designed output, the annual sales income is 380 million yuan, the tax is 50 million yuan, the profit is 80 million yuan and the investment recovery period is 4.13 years.
