Shaanxi Yanchang Petroleum Yushen Energy Chemical Co., Ltd. (hereinafter referred to as Yushen Energy Chemical Co., Ltd.) is a wholly-owned subsidiary of Yanchang Petroleum Group, a state-owned enterprise under the provincial government. It is affiliated to Yulin Coal Chemicals sector. It was registered and established on December 14, 2011, and was formerly Yanchang. The Preparation and Construction Office of Xiwan Coal Chemical Project established by Petroleum in March 2010.

Since its establishment, the company has always actively sought and explored the path of clean and effective coal transformation in accordance with the overall requirements of the "three transformations" of the National Shaanxi Energy and Chemical Base and Yanchang Petroleum Group's strategic layout. It has successively planned and prepared and demonstrated the research of multiple versions. plan. In 2017, the company planned 8 million tons of coal extraction tar and synthesis gas integration (CCSI) industry demonstration project planned by the company was included in the "13th Five-Year Plan for Coal Deep Processing Industry Demonstration" of the National Energy Administration and became a national The main construction projects for the use of coal in the 13th Five-Year Plan period. In accordance with the group company's working idea of ​​"unified planning, phased implementation, combination of distance and near, and flexible adjustment", the company started the construction of a 500,000 tons/year coal-based ethanol project in advance.

The ethanol project adopts the dimethyl ether carbonylation technology jointly developed by Dalian Institute of Chemicals and Yanchang Petroleum. The total investment of the project is 6.4 billion yuan. It uses Xiwan coal as raw material to produce 500,000 tons of ethanol, and by-products of integrative oil, heavy components, Sulfur etc. The main construction equipment includes: coal gasification, synthesis gas purification, gas separation, methanol, ethanol equipment, etc., with an average annual operating income of 2.97 billion yuan, an average annual profit of 1.04 billion yuan, and a tax revenue of 260 million yuan.

Looking forward to the future, Yushen Energy Chemical Company will conscientiously implement the development concept of "innovation, coordination, greenness, openness and sharing", rely fully on industrial policies and Yulin's resource advantages, accelerate project construction, strive to be completed, put into production and early profits, and to extend the Oil transformation and upgrading, achieving higher quality development, and making new and greater contributions to Yulin's local economic development and Shaanxi's "catching up and surpassing".