Inner Mongolia Yinuo New Materials Co broke ground on its Fischer-Tropsch Olefins to High-Carbon Aldehydes and Alcohols Project on Sept 15 in the Hanggin Economic Development Zone.

The groundbreaking ceremony for the Fischer-Tropsch Olefins to High-Carbon Aldehydes and Alcohols Project. [Photo/Wechat account of Jin News]

The project has a total investment of 541 million yuan ($75.9 million) and covers about 124.1 mu (8.27 hectares). It is a key initiative for Hanggin Banner to extend its coal-to-fine-chemicals and coal-to-olefins value chains and move toward higher-value products. It is expected to help China become more self-sufficient in high-carbon aldehydes and alcohols and support the coal chemical sector's shift toward more advanced, higher-value development.

The project will include a high-carbon alcohol unit with an annual capacity of 40,000 metric tons and a high-carbon aldehyde separation unit with a capacity of 20,000 tons. Supporting facilities will include a production support building, distribution room, cabinet room, circulating water station, pipe rack, tank farm, and loading/unloading station. Some existing units and facilities at the plant will also be renovated and expanded.

The project is scheduled to be completed and commissioned in September 2027 after a two-year construction period. Once operational, it will have large-scale production capacity for C6-C11 high-carbon alcohols and aldehydes and will be able to produce a wide range of products. At full production, it is expected to generate annual sales revenue of about 1.05 billion yuan, pay more than 100 million yuan in annual taxes, and create more than 50 jobs.