What are people’s opinions on Yankuang’s coal refining project?
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What are people’s opinions on Yankuang’s coal refining project? Is there any potential for growth? Is anyone going?? We have someone who’s going there; he’s a technician. I heard that he could have become a minister-level official in the past. Good heavens, is that really that exaggerated?
Judging from the current situation, things are not optimistic. If crude oil prices rise to $80 per barrel, it will be profitable. Yankuang has produced a talented individual who is now one of the ***** members.
It is said that Yankuang’s coal-to-oil technology was developed by drawing on South Africa’s Sasol indirect synthesis technology; this technology may not yet have a patent granted, and there are disputes over its intellectual property rights compared to Sasol’s technology； After all, we’re all one family, right? We stand together against the outside world. The benefits at Yankuang might not be as good as one would think; several of my classmates have switched jobs from Yankuang:handshake
Wanquan’s coal-to-oil project wasn’t it suspended? Currently, **only Shenhua and Ningxia Coal have been approved for coal-to-oil projects!
So far, **only Shenhua and Ningmei have received approval for coal-to-oil projects; Yankuang has not yet been approved. At present, it only has strategic significance and no economic benefits. It would be fine if **support** could be obtained.
Although coal-to-oil production has been successful to date, there are doubts about its economic viability! At present, it involves using rare resources to produce other rare resources (as water is often scarce in areas where coal is abundant), and it does so at a loss! Therefore, further technical improvements and cost reductions are still needed to meet the demands of economic development!
As far as I know, the situation is not optimistic
Coal-to-oil is a **strategic reserve project… Given the level of attention it receives at present, Yankuang’s coal refining project seems to be treated as an afterthought. (Please forgive my choice of words; I couldn’t find a more accurate expression.)
It seems that Yankuang has achieved some results recently, as reported in the Chemical Industry Newspaper; however, the situation at present is not very optimistic. Still, it has great competitive potential in the future
I heard that both Jinmei Group and Lu’an Coal Mine have coal refining projects, but the compensation there is average. Besides, with oil prices so low at the moment, the prospects for this project are not optimistic