[Ocean Chemical News] It is expected that the total coal-to-ethylene glycol production capacity will reach 7.66 million tons/year by the end of 2019
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Coal-based ethylene glycol accounts for nearly half of the country. China Chemical Information Center Sang Jianxin introduced the development status and prospects of coal-based ethylene glycol in my country. She pointed out that coal-to-ethylene glycol has become the main driving force for the growth of my country's ethylene glycol production capacity. The proportion of my country's coal-to-ethylene glycol production capacity in total ethylene glycol production capacity has increased from 7% in 2010 to 43% in 2018. At present, the most industrialized method is the hydrogenation synthesis of oxalate esters. In 2019, China will put into operation 11 new coal-to-ethylene glycol projects, with an additional production capacity of 3.04 million tons/year. It is expected that by the end of 2019, the total coal-to-ethylene glycol production capacity will reach 7.66 million tons/year.
Why is the coal-to-ethylene glycol method so popular? Sang Jianxin pointed out that coal-to-ethylene glycol technology is becoming increasingly mature, and multiple demonstration units have achieved long-term, high-load and stable operation. ； Product quality improves and is increasingly recognized by downstream users ； The investment scale is moderate. For example, the investment in a 200,000 tons/year coal-to-ethylene glycol project is about 3 billion yuan. ； Project approval is easy and can be filed with provincial authorities.
Now coal plants are losing cash flow, it’s difficult to
We cannot generalize, many projects are making profits, and this involves* * strategy
Below 4,500, everyone is basically losing cash flow.* * Strategy is too broad, companies just need to survive