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Shaanxi Yanchang Coal Yulin Energy and Chemical Co., Ltd.
Chemicals
/ Yulin
Shaanxi
Shashimao State Forest Farm, 10 kilometers northeast of Jingbian County
https://ylnh.sxycpc.com/
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Description

Shaanxi Yanchang Coal Yulin Energy and Chemical Co., Ltd. (Chinese: 陕西延长中煤榆林能源化工有限公司; pronounced Shǎnxī Yánchàng Zhōngméi Yúlín Néngyuán Huàgōng Yǒuxiàn Gōngsī; also rendered as Shaanxi Yanchang China Coal Yulin Energy & Chemical Co., Ltd.) is a large-scale coal utilization chemical enterprise jointly established by Shaanxi Yanchang Petroleum (Group) Co., Ltd. and China Coal Energy Co., Ltd. on May 24, 2010. The company is headquartered in the Jingbian Energy and Chemical Industrial Park, Jingbian County, Yulin City, Shaanxi Province, China, and was formerly known as Shaanxi Yanchang Petroleum Group Yulin Energy Chemical Co., Ltd. prior to the entry of China Coal Energy as a co-investor.

The company is responsible for the development and operation of the Jingbian Energy and Chemical Comprehensive Utilization Industrial Park (靖边能源化工综合利用产业园区), a flagship project listed as both a United Nations Clean Coal Technology Demonstration and Promotion Project and a Shaanxi Provincial Circular Economy Demonstration Project. Total investment in the park approaches RMB 40 billion, with construction carried out in two phases covering main process units for methanol, DCC (deep catalytic cracking), DMTO (dimethyl ether/methanol-to-olefins), and polyolefins [Baidu Baike, Jan 2026]. The registered capital of the company is RMB 13.539 billion (updated from the original RMB 7 billion)

Park construction began in 2008. Phase I was successfully commissioned in 2014 and entered commercial operations in 2015. A capacity supplementation ("fill-and-level") project (填平补齐工程) entered trial production in 2020. Key products include methanol, polyethylene (PE), polypropylene (PP), ethylene, and propylene. In 2021, the company's olefin center was awarded the title of National Advanced Collective in the Petroleum and Chemical Industry, and in 2022 the polyolefin center received the title of Advanced Collective of Shaanxi Province.

 

Corporate Structure & Shareholders

The company was founded with Shaanxi Yanchang Petroleum holding 70% and China Coal Energy holding 30% through the 2010 capital increase and share expansion. The current shareholding structure reflects a subsequent dilution of China Coal's stake and the entry of a third shareholder:

Shareholder Stake Entity Type
Shaanxi Yanchang Petroleum (Group) Co., Ltd. (陕西延长石油(集团)有限责任公司) 72.0% Provincial state-owned enterprise (SOE), controlled by Shaanxi SASAC
China Coal Energy Co., Ltd. (中国中煤能源股份有限公司) 15.8% Central SOE, listed on HKSE & SSE, controlled by China Coal Energy Group under State Council SASAC
Chang'an Huitong Co., Ltd. (长安汇通有限公司) 8.4% Private/strategic investor; also holds ~16.7% in Yanchang Petroleum International 
Unattributed 3.8%

⚠️ Caveat on shareholding dates: The current sourced percentages do not carry an explicit date. 

 


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Modified by UserPic   Kokel, Nicolas 4/6/2026 1:21 PM
Added by UserPic   Kokel, Nicolas 11/20/2024 3:03 PM