Gas chemical industry

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This post was last edited by snowdfr on 2010-3-8 10:05 In 2009, due to the continued shrinking of demand, the overcapacity problem in the coal chemical industry has shown an intensifying trend. In particular, the construction of some large-scale installations in the future will further amplify the market supply. The issue of overcapacity in the coal chemical industry has also been highlighted again. The State Council executive meeting has studied and deployed plans to curb overcapacity and redundant construction in some industries. Coal chemical industry, together with six major industries such as steel and cement, has been included in the industries that need to focus on strengthening guidance. In the first half of 2009, affected by the financial crisis, overcapacity and imported products, my country's coal-to-methanol and methanol derivatives, coke and calcium carbide PVC industries continued the low operating rates and low profit margins seen in the fourth quarter of 2008. The operating rate of related projects has continued to decline since the first half of the year. The operating rate of methanol units in the first half of the year was less than 30%, and the operating rate of the dimethyl ether industry was less than 20%. Despite the current situation of insufficient operating rates, since 2009, investment growth in some industries with relatively excess capacity in the petrochemical industry has still been rapid, and investment impulses have still been high. Judging from the more than a dozen provinces and cities that have officially announced the "Petrochemical Industry Revitalization Plan" in the region, in the three-year revitalization plan, some provinces have planned 12 million tons of methanol alone, and some provinces have planned 6 million tons. ； Two provinces have planned 3 million tons of PVC each, and two provinces have planned 2 million tons each. According to this plan, the problem of relative overcapacity of some products in the future will not only not be solved, but will be further exacerbated. Subject to the continued shrinking of downstream market demand, whether it is coal-to-coke, methanol, or calcium carbide industries, the current situation of overcapacity has reached a level that must be resolved. In the second half of 2009, my country's coal chemical industry will continue to be tested by weak downstream demand and the impact of imported products. The profit margins and operating rates of enterprises will depend on the overall economic situation. As the world's petrochemical industry as a whole has fallen into a downturn, the demand for petrochemical raw materials from downstream industries has continued to shrink. Especially under the influence of the financial crisis, the problem of overcapacity in coal chemical industry has been further highlighted, mainly reflected in structural excess and periodic excess. As long as the industrial scale can be appropriately adjusted and backward production capacity eliminated, when the overall economic situation in the world shows a positive momentum, there will still be room for China, a country with large coal resources, to develop coal chemical industry in the future. The coal chemical industry with overcapacity has always been the target of regulation. The coal chemical industry problem is a relatively complex one. Coke, ammonia, calcium carbide, and methanol all belong to the traditional coal chemical industry and have been developed for some time. ； Coal chemicals such as coal-to-liquids, olefins, dimethyl ether and methane gas are emerging industries and are modern coal chemicals. The traditional coal chemical industry has entered a mature stage, and the main products are in surplus. The modern coal chemical industry has just started, and blind development must be prevented during the demonstration stage. In terms of total volume control, the only way is to adjust the structure, reduce costs, and improve product competitiveness. In accordance with the requirements of the current State Council Document No. 38, strict review and approval project management will be implemented. Projects that have been approved but have not yet been built will be stopped. In the next three years, the review and approval of coal chemical industries such as coke, calcium carbide, methanol, etc. that are simply expanding production capacity will be stopped. Investment authorities at all levels will not approve projects that do not meet the requirements. ； Document No. 38 proposed relatively detailed corresponding project scale, technical indicators, equipment indicators and environmental protection measures. ； Accelerate the elimination of backward production capacity. Some projects are built to eliminate backwardness, so the market economy itself is risky. It does not mean that all projects are guaranteed to be completed. If they fail to meet the requirements, they cannot start or be constructed. Utilizing market mechanisms to improve access standards can also be supplemented by some differential electricity price measures, strengthening environmental and safety supervision, and accelerating the elimination of backward production capacity that cannot meet standards and has poor market economic capabilities.