In February 2026, the yellow sand on the southeastern edge of the Maowusu Desert is still rolling, but on a construction site in the northern part of the Qingshui Industrial Park in Yushen Industrial Zone, the roar of pile drivers penetrates the sandstorm and echoes on the open desert.

The National Energy Group has officially released the bidding announcement for the pile foundation project of Shenhua Yulin Circular Economy Coal Comprehensive Utilization Project - a super coal chemical engineering project with a total investment of 79.836 billion yuan and nearly 80 billion yuan, entering the substantive construction stage. From an aerial view, on this land where semi fixed sand dunes intertwine with fixed sand dunes, an energy and chemical giant equivalent to one-third of the volume of the Three Gorges Project is about to emerge.

The project is located in the northern area of Qingshui Industrial Park, Yushen Industrial Zone, Yulin City, which is the core area of the National Coal to Oil and Gas Strategic Base. The terrain is mainly composed of semi fixed sand and fixed sand, with an altitude of 1116 to 1172 meters, achieving a scientific connection between industrial layout and ecological protection. The project was formerly known as the China Shenhua Dow Yulin Circular Economy Coal Comprehensive Utilization Project, which was approved in 2014. It received environmental impact assessment approval from the Ministry of Ecology and Environment that year. The first phase of the project started in 2017, underwent testing in 2020, and passed environmental protection acceptance in 2021. After this optimization and adjustment, the focus is on clean utilization of coal and the extension of high-end new materials, achieving a leap in industrial level.

This pile foundation project is divided into two sections. The first section focuses on the construction of synthetic fuels and basic raw materials, covering key facilities such as coal liquefaction, coal gasification, and methanol synthesis, with the core goal of achieving large-scale production of coal to oil and coal to methanol; The second section focuses on the high-end new materials field, covering MTO devices, polyolefins, polycarbonate and other devices, building a complete industrial chain from olefins to high-end engineering plastics.

The project presents three core highlights: firstly, unprecedented investment in environmental protection, with 6.228 billion yuan of environmental protection investment accounting for 7.8% of the total investment, far exceeding the industry average. At the same time, it plans to implement a 3 million tons/year carbon capture, utilization and storage project to support the dual carbon goal; Secondly, the technology is highly integrated, integrating 20 years of mature technology from Guoneng Group, with a designed raw coal consumption of 10.4325 million tons per year and fresh water consumption of 22.7979 million cubic meters per year, covering 38 sets of production facilities; Thirdly, the operating entity has rich experience. Guoneng Yulin Chemical has formed a complete industrial chain of coal head and tail, with a cumulative production of over 10 million tons of oil and chemical products. In the first half of 2025, it will make a profit of 186 million yuan and build the world's first demonstration plant for polyglycolic acid, breaking foreign monopolies. Keywords: latest news reported by central enterprises, news and information reported by central enterprises

With the roar of pile drivers echoing on the edge of the Mu Us Desert, this nearly 80 billion dollar mega project will promote the complete transformation of coal from fuel based to raw material based, ensuring national energy security, driving the development of northern Shaanxi, and assisting in the ecological protection of the Yellow River Basin. On the sandy land of Yulin, a new energy and chemical landmark is rising.Editor/Gao Xue