What are people’s thoughts on the current MTO and MTP?
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Recently, both ethylene and propylene have dropped to 45,000 yuan per ton. Moreover, there is no sign of a pullback in the short term. The few coal-based olefins that are known so far aren’t very good. There are many loss-making companies. In the long term, oil and gas are in competitive relation with coal; coal chemical processes are lengthy and require a large amount of water, and there is an uneven distribution of coal mines and water resources. Apart from the import of methanol for production in coastal areas, what is everyone’s opinion on the future of coal-based olefins?
Based on the operational performance of China Coal’s MTO, it remains profitable. The price of MTP propylene is low, leaving no room for profit.
The current price is still holding, allowing for profits
If it is difficult to make a profit by producing only ethylene and propylene, we should continue to develop downstream industries!
The days to come will not be easy. . . . . . . . . . . . . . . . . .
What about propane dehydrogenation? Isn’t the situation even tougher there?
Propane dehydrogenation should be much better than MTO and MTP! ! !
As it stands now, the situation is fairly optimistic; projects related to polypropylene are currently profitable, and there is still a high demand for propylene. And it’s almost time for another period of volatility; as long as we get through it, it will be fine.
What is the difference between propane and propylene? Is it determined by profits?
Propane dehydrogenation is also not cheap. A couple of years ago, the costs were estimated to be roughly the same as those for MTP or MTO.
With a price difference of 1,500 between propylene and propane, there’s no loss – it’s a break-even situation! !