What are the current trends in the coal chemical industry?
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I’m a beginner, and I’d like to ask: in the current overall trend, what types of coal chemical industries can still be profitable, have a promising future, and withstand the harsh realities of today? It mainly refers to the deep processing of lignite.
Describing the current state of the industry in four words: wash up and go to bed
Hey, tell me, are there any other projects that can generate money?
Everything related to making money is specified in the Criminal Law; it just depends on whether you have the courage to do it
What an impressive question from you! Are you planning to invest in building a factory?
The processing of low-rank coal is quite popular these days, and the prospects for coal-kerosene co-processing projects are also good
I’ll say four words too: ready to go
Go for projects at the C3 level or above, such as propylene and similar
There are many new projects for olefins nowadays
What is encouraged now is the differentiated and graded utilization of low-grade coal; the resulting products include low-temperature tar, gas, and semi-coke (upgraded coal). Subsequent utilization processes include converting gas into LNG, hydrogenating tar, and shaping and gasifying semi-coke.
Coal chemical industry is a sector with high entry barriers, and it is both technology-intensive and capital-intensive. With environmental concerns being so prominent these days, coal chemical industry is facing difficulties!