In recent years, there have been two “strange” phenomena in Yongcheng City, Henan Province: one is that coal production does not directly sell coal, and the other is one that does not directly sell grain. It is not surprising to say that it is in accordance with the requirements of the scientific concept of development that they are striving to create two “black and white economy” industrial chains for coal chemical industry and agricultural product transformation, and have achieved initial results.
After discovering the coal field at the end of the last century, Yongcheng proposed the idea of ​​developing a “black economy”—that is, coal production does not directly sell coal and create a development idea for the coal chemical industry chain. Yongcheng can mine 2.5 billion tons of coal reserves, which can only be produced for 100 years according to the current raw coal production capacity. Zhu Minglun, the mayor of the city, said that Yongcheng can no longer take the traditional resource-based city resources exhausted to think of the old path of transformation. The city decided to take a new path of coal-electricity-aluminum, coal-electricity-chemical cycle development. Yongcheng Coal Group and Shenhuo Group, the two major coal groups in the Yongcheng Mining Area, changed their focus on the practice of digging coal to sell coal, and turned to competing for a longer industrial chain. In the Shenhuo Industrial Park, two electrolysis plants with a length of 680 meters installed the electrolytic cell type, which is the second in the world and the first in Asia, to produce electrolytic aluminum. Last year, two groups, Yongco Coal and Shenhuo, entered into a technology transfer agreement with Shell Corporation for an annual output of 1.6 million tons of methanol engineering coal chemical technology. The first phase of the project's 500,000 tons project is currently under construction. At present, 1 ton of coal sells at a high price of 600 yuan, while the use of Shell's advanced technology, 1.4 tons of coal can produce 1 ton of methanol, while the price of 1 ton of methanol is 2200 yuan.

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