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At the 11th Second Plenary Session of the Shaanxi Provincial Party Committee, the provincial government announced a strategic focus on expanding the energy and chemical industry base in northern Shaanxi, with particular emphasis on the development of Weibei Energy. The plan includes concentrating efforts on coal chemical industries, aiming to promote key projects such as coal-to-methanol, coal-to-oil, and coal-to-olefins. This initiative is expected to significantly enhance the province’s industrial capabilities and resource utilization efficiency.
Governor Yuan Chunqing highlighted that while Shaanxi continues to expand its production capacity in coal, oil, and natural gas, the province is also making great strides in deep processing and technological upgrades. He emphasized that Shaanxi has strong resource advantages and favorable conditions for developing its coal chemical industry. Looking ahead, the province will prioritize the growth of coal-based chemical sectors, including methanol, synthetic oil, and olefin production.
By the end of the Eleventh Five-Year Plan period, or by 2012, Shaanxi aims to achieve a total capacity of 10 million tons of coal-based methanol, 1 million tons of coal-to-oil, and 3 million tons of coal-to-olefins. These targets reflect the province's long-term vision for becoming a major national energy and chemical hub.
In 2008, Shaanxi made significant progress in securing state approval for the first phase of the Dow Chemical Co., Ltd. project. Meanwhile, construction of the Yankuang Coal Liquefaction Industrial Demonstration Project reached substantial milestones, and the 1-million-ton ethylene project was actively promoted. These developments underscore Shaanxi's growing role in China's energy and chemical sector, driven by both policy support and technological innovation.