Project prospects
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Everyone can discuss what projects are likely to be profitable these days: styrene, ethylene glycol, polycarbonate······
The three-way oil project, and then there’s coal chemical industry
People in the ethylene glycol industry say that this business isn’t profitable anymore either
Making oil from coal is no longer profitable just by selling the oil
Ah! Why isn’t anything I do generating any money anymore? What’s going on in China?
At present, the profitability of the rough product structure in the coal chemical industry is highly dependent on crude oil prices
It seems like there aren’t many chemical industry projects that are profitable these days, right?
For coal chemical industries to be profitable, differentiated utilization is a reasonable approach. First, the value-added components in coal (oil and gas) are extracted, followed by gasification; this approach, combined with downstream processing, represents a more competitive strategy. However, there is one issue: it requires significant investment.
There’s no future in the chemical industry; too many plants have been built. Farming and breeding are the most promising; P
The coal chemical industry can be involved in kerosene blending, while advanced petrochemical processing can be used to produce polycarbonate, PMMA, polyurethanes, acrylonitrile, and ABS – all of which seem to be profitable businesses, though they present more challenges in terms of implementation