On June 13, the 2nd Shanghai International Summit on Methanol Fuel-Powered Ship Technology Application in 2023 and the Shanghai International Summit Forum on Methanol Industry and Methanol Fuel Innovation and Development in 2023 and the Shanghai International Forum on Carbon Capture, Storage, Transportation and Utilization Industry Innovation in 2023 were grand opened at Hilton Hotel.  Cosco Shipping, Denmark Maersk, CSSC, National Energy Group, Europe Wartsila and more than 100 units of domestic and foreign representatives gathered in Shanghai, speech exchange methanol industry development, methanol new fuel application prospects and opportunities and challenges.  Tang Diyuan, president of Shengquan Group, attended the meeting and made a speech entitled "New Era of Biomass Resource Utilization".

                                        Tang Diyuan, President of Shengquan Group, gave a speech entitled "New Era of Biomass Resource Utilization"

As a global leader in biomass energy and biomass chemical industry, Shengquan Group has developed the "Shengquan Method" biomass refining integrated green technology from a small corn cob, and has independent intellectual property rights in key technology development, process route design, production equipment manufacturing and other industry-wide processes. The company invested more than 2 billion yuan to build the world's first million-ton "' Shengquan Method 'biomass refining integration project" phase I project has been successfully put into operation in May 2023 in Daqing, Heilongjiang Province.

                                                 Daqing Shengquan 1 million tons/year biomass Refining integration Project (Phase I)

The project has realized the transformation and utilization of all elements in straw, and the unique biological solvent method technology will complete the major subversion of the traditional industrial chain, and realize the parallel of biomass chemical industry with petrochemical industry and coal chemical industry. In particular, the biomass resin carbon obtained by the project has uniform particle size, large bulk density, low ash content, and a low caloric value of more than 5000K/g, which can replace coal fuel for direct power generation, and can also be further processed into hard carbon materials for batteries and green and clean energy such as biological methanol, green ammonia, biomethane, and liquefied natural gas (LNG).

Bio-methanol and green ammonia produced from biomass resin carbon are currently recognized as the most advantageous liquid fuels that can achieve carbon neutrality at room temperature and atmospheric pressure. Especially in the field of shipping, bio-methanol, as a relatively new clean alternative energy for ships, has many advantages such as clean production mode, large-scale industrialization, high energy density, convenient storage and transportation. Effectively help land transport, navigation, aviation and other transportation and logistics industries to achieve the dual-carbon strategic goal at an early date.

Talking about the bio-methanol project planning of Shengquan Group, Tang Diyuan introduced that the biomass resin carbon produced by Daqing Shengquan Green Technology Co., Ltd. in the first phase of the project is used as raw material, and the existing coal chemical industry capacity is used to achieve 80,000 tons/year of bio-methanol production. Second, it is planned to start the construction of 200,000 tons/year biological methanol plant in 2024. On this basis, with the layout of the national biomass refining plant and the market demand for biological methanol, each biomass refining plant is equipped with 5-200,000 tons/year biological methanol devices.

                                                                                           Jinan Shengquan Group Share-Holding Co., Ltd.

He said that in the view of Shengquan Group, biomass resources are "oil and coal growing on the surface", biological methanol as the most reasonable energy solution, will become a "double carbon" new battlefield, its future development promising. As a global leader in biomass new energy and new materials, Shengquan will spare no effort to accelerate the development of new products, new project layout and new industries. A new era of biomass resource utilization and biomethanol industry development worthy of global attention has been opened!

It is reported that control of the global trade logistics of more than 80% of shipping, because of the particularity of hundreds of millions of tons of ocean-going fuel demand, methanol fuel-powered ships are increasingly becoming the first choice of Chinese and foreign shipowners, but more unexpected is that China will become the lucky darling of this global trend opportunity, methanol fuel ships will be like electric vehicles to let the Chinese industry rewrite the global market. As a leading enterprise in the global biomass industry, Shengquan Group's next planning layout and development prospects in the bio-methanol industry are undoubtedly more anticipated.