HCBBS Forum (English)
Submit Chemical Projects / Find Solutions
Amplify Your Requirements on a Broader Chemical Platform *Engineering · Technology · Equipment · Solutions*
Submit Request

The coal chemical industry has entered a tough period!!!

2009-08-07View Original

Thread Content

Due to the strict restrictions on coking and steel industries, the specific requirements regarding energy conservation and emission reduction, the previous \"Rio Tinto espionage scandal\", and the slow recovery of the real estate sector in the short term, the delay in the implementation of methanol projects has directly led to a downturn in the coal chemical industry. Two years ago and the year before that, many companies claimed that the spring for coal chemical industry had arrived, but things did not turn out as expected. Currently we are facing numerous difficulties; let’s discuss how we can get out of this predicament.
Reply #22009-08-07
Hehe, coal chemical industry is still very popular at this stage! It’s just that the product type has changed.
Reply #32009-08-08
There are many coal chemical projects in various places. In the past, they were mainly used for producing methanol; now, there is a trend toward diversifying products, including dimethyl ether, olefins, and diesel. The downstream products derived from methanol are also developing rapidly. With the introduction of standards for mixing methanol into gasoline, its use is set to increase further. I am quite optimistic about the coal chemical industry
Reply #42009-08-08
I disagree with the original poster’s assessment; the situation isn’t that bad right now. . .
Reply #52009-08-08
On one hand, there is the impact of raw material sources, and on the other hand, there is the impact of market capacity. The profit margins in the coal chemical industry are very slim; some even operate at a loss.
Reply #62009-08-08
It may still be some time before we enter spring. 1. The upward trend in prices of resource-based minerals seems unlikely to change. 2. High coal prices stand in sharp contrast to the low-cost natural gas available in the Middle East, as well as to chemical products derived from that gas. 3. The way in which natural gas is transported and its use by large consumers means that its price ratio to oil cannot be changed, nor will it change. 4. There is too much overlap between coal-based chemical products and those derived from natural gas and petroleum. 5. For these reasons, coal-based chemicals such as MTO, MTP, and coal-to-natural gas technologies are still a long way off from becoming viable in the near future. 6. Thinking differently isn’t necessarily a bad thing. Apart from coal chemical industry investors, the benefits outweigh the drawbacks both in terms of long-term interests and short-term environmental protection. What are the disadvantages of currently using large amounts of low-cost methanol from the Middle East? On the contrary, subsidies for the energy (electricity, coal) used in those large-scale fertilizer production facilities with a very long history should be abolished, and they need to be upgraded to be more energy-efficient.
Reply #72009-08-08
It’s not the winter of the coal chemical industry that has arrived; it’s the winter of the entire economy. The development of coal chemical industry will not stop, with coal chemical projects across the country continuing to be built at full pace. Regarding the relationship between resources and coal chemical industry, it is clear that companies with resources will survive, while those without such advantages will be eliminated, thereby bringing the coal chemical enterprises that have been established hastily to a more structured approach. China’s coal chemical industry will not stop moving forward
Reply #82009-08-08
There is no doubt that vigorously developing the methanol gasoline industry is beneficial to both the country and its people! Firstly, it helps to alleviate the pressures on the coal chemical industry; secondly, in the long term, it is very important for our country’s security, after all, we are currently a complete oil importer! It’s of great significance!
Reply #92009-08-09
One should be prepared for potential dangers, thinking both about the long term and immediate issues. An individual cannot change the overall trend of economic and social development; just as a single drop of water is carried along by the current
Reply #102009-08-11
As long as crude oil prices keep rising. The spring of the coal chemical industry is not far away.
Reply #112009-08-11
As long as crude oil prices keep rising. The spring of the coal chemical industry is not far away.

Submit a Project

**Looking for Chemical Technology, Equipment & Solutions?** No Registration Required Broader Platform Exposure | Global Chemical Service Provider Connections

Submit Request — Free Consultation

Disclaimer

This is an automated machine translation of the original thread. Some technical terms may have inaccuracies; the original text shall prevail. Click "View Original" at the top right to access the source page, which supports IP-based automatic real-time language translation. Please watch out for contact details and sales inducements to prevent fraud. All content and translations are for reference only, representing solely the poster's personal views. For enquiries, email service@hcbbs.com.