Does coal-based high-value chemicals have industrial prospects?
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Previously, it was coal-based ethylene glycol; now that the production capacity of ethylene glycol is increasing too rapidly, people are turning to the production of high-value chemicals again. Is there any industrial potential in this?
It has potential, after all, coal resources are cheap, and its cost is much lower compared to fossil fuels.
In my opinion, coal chemical industry, particularly the production of high-value chemical products, should be considered an emerging industry both strategically and for the foreseeable future
Promising； Due to cost advantages, coal-based chemicals such as thin films, carbon fibers, aromatics, and ethanol have broad market prospects in the future.
There is definitely potential; with an excess of ethylene glycol in the domestic market, it’s necessary to find new avenues for these projects.
Are there any industrialized products available besides ethylene glycol?
Do those products belong to the high-value-added category? If coal chemical industry can do it, can’t the petroleum chemical industry do it as well?