Johnson Matthey (JM; London) has been selected by China’s Ningxia Baofeng Energy Group as licensor for the third methanol synthesis plant at their coal to olefins complex near Yinchuan in Ningxia Province PRC. With a planned capacity of 7,200 metric tons per day (m.t./d), the methanol plant will be the largest single train methanol plant in the world once completed.
Under the agreement Johnson Matthey will be the licensor and supplier of associated engineering, technical review, commissioning assistance, catalyst and equipment supply. The JM methanol plant will take synthesis gas as a feed and utilise JM radial steam raising converters in a patented Series Loop. Together with JM catalysts, to produce stabilized methanol as a product that is used to produce olefins downstream, the plant will provide enhanced energy efficiency along with low OPEX, CAPEX and emissions.
Upon startup, this will represent JM’s 8th operating license in China with a plant capacity greater than 5500 m.t./d. It is the third JM methanol design licensed by Ningxia Baofeng Energy. This award follows the recent successful commissioning of the 6,600 m.t./d Baofeng methanol synthesis unit in May 2020 and the original 4450 m.t./d methanol synthesis unit, which was commissioned in 2014. It demonstrates Baofeng’s recognition of JM’s technical leadership in this key growth market and is a testament to Johnson Matthey’s commitment and dedication to the delivery of large-scale methanol production.
“We are very proud of our ongoing collaboration with Ningxia Baofeng Energy. It is testament to their confidence in JM’s engineering expertise and ability to successfully design and help deliver their large-scale methanol plants”, said John Gordon, Managing Director for Johnson Matthey. “In just over six years it has been exciting to see our strong partnership result in the commissioning of two large scale plants with increasing volumes and a third world-scale plant on the way. We are very much looking forward to this next ambitious phase of our journey and continuing to raise the bar of world-class project delivery.”