On September 15, the project of the annual production of 240,000 tons of polyformaldehyde by the same coal group officially commenced its foundation. Upon completion, it will become the world’s largest polyoxymethylene production base.
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With a total investment of 7.68 billion yuan, the Tongmei Coal Group's annual output of 240,000 tons of polyformaldehyde is one of the downstream products of the 3 million tons of methanol project of the coal chemical industry circular economy park. The project can consume 340,000 tons of methanol annually. After the project is completed, it is estimated that the annual sales income can reach 3.438 billion yuan and the annual profit can reach 835 million yuan.
Polyoxymethylene is a kind of engineering plastics with excellent overall performance. It has the name of "winning steel" and "ultra-steel" and can be widely used as a substitute for metal materials such as steel, copper, zinc and aluminum. It is mainly used in automobile, electrical and mechanical manufacturing. , precision instruments, military, construction, sports and other fields.
According to reports, the "Twelfth Five-Year Plan" period, the same coal group invested 33.6 billion yuan, plans to build a world-class coal chemical recycling economy park. The park includes 3 million tons of methanol, 240,000 tons of polyformaldehyde, 600,000 tons of olefins, POM processing projects, will build poly formaldehyde, polyethylene, polypropylene three plastic production base. After the project is completed and put into operation, it can convert 7.77 million tons of coal on site and realize an annual production value of 18.4 billion yuan. 
February 10, 2023