Corporate profile of Inner Mongolia Yitai Coal-to-Liquids Co., Ltd.

In order to find a sustainable development path that is in line with national industrial policies and corporate realities, has excellent industrial structure, high technological content, and good economic and social benefits. In May 2002, Yitai Group invested 18 million yuan to jointly develop coal-based synthetic oil slurry bed technology with the Shanxi Institute of Coal Chemistry, Chinese Academy of Sciences, and entered the high-tech field of coal-to-liquids. With the support of the National 863 Program, the Chinese Academy of Sciences and many enterprises including Yitai Group, and with the hard work of scientific researchers from the Shanxi Coal Chemistry Institute of the Chinese Academy of Sciences, the slurry bed reactor technology was successfully tested on a kiloton-level device and won the A large sample of oil products was obtained and high-quality diesel was produced by the end of 2003. In January 2006, the project passed the acceptance of the 863 expert group of the Ministry of Science and Technology and the major project acceptance of the Chinese Academy of Sciences. The results appraisal concluded that “the coal-based liquid fuel synthetic slurry bed industrialization technology (synthesis technology) has achieved reliable results in terms of process, equipment and catalyst research and testing, achieved the expected goals, has independent intellectual property rights, and has the capability to build a demonstration plant. technical conditions”. In April 2006, relying on this core technology, Yitai Group invested 227 million yuan in holding shares and joined hands with the technical team of the Chinese Academy of Sciences and five companies to establish Zhongke Synthetic Oil Technology Co., Ltd.