Shaanxi Future Energy Chemical Co., Ltd.

Located in the North Zone of Yuheng Industrial Park, Yulin City, Shaanxi Province, Shaanxi Future Energy Chemical Co., Ltd. is a large-scale energy and chemical enterprise controlled by Shandong Energy Group Co., Ltd., integrating the comprehensive conversion and utilization of coal, oil, and chemicals. The company was established in February 2011, jointly invested by two Fortune 500 companies, Shandong Energy Group Co., Ltd. and Shaanxi Yanchang Petroleum (Group) Co., Ltd., with a registered capital of RMB 5.4 billion. Using independently developed high- and low-temperature Fischer-Tropsch synthesis technology, the company has built a coal indirect liquefaction demonstration unit with an annual output of 1 million tons of oil and chemicals, as well as a modern and efficient mine with an annual raw coal output of 15 million tons. With total assets of nearly RMB 26 billion, it is the only enterprise in China that simultaneously masters both high- and low-temperature Fischer-Tropsch synthesis technologies. Its main businesses include coal mining, raw coal washing and processing, and the production and sales of coal-based clean oil products and high-end fine chemicals. Focusing on the goals of "large-scale, park-based, high-end, and terminal-oriented" development, and adhering to the development strategy of "equal emphasis on oil and chemicals, with chemicals as the priority," the company accelerates the transformation of coal liquefaction technology achievements, aims to seize the high ground of coal liquefaction industry development, and builds a high-end energy and chemical base for the future.