Coal chemical industry: product plan determines competitiveness

wallpapers Industry 2020-12-09
Under the low oil price of

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, the preliminary feasibility study of the project is more important. Under the low oil price of

and

, the coal chemical product scheme determines its market competitiveness. Therefore, it is necessary to do a good job in the preliminary feasibility study of the project, especially to do a good job in the product scheme planning of the coal chemical project, and the differentiation and fine development are the general principles that should be followed. This is the "prescription" issued by experts attending the second 2016 China new coal chemical industry international seminar held in Qingdao on May 21, aiming at the current decline in competitiveness of the coal chemical industry.

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it is understood that the current coal chemical project is facing a great challenge of low oil price. When the crude oil price is 60 US dollars / barrel and the coal price is 180 yuan · m ton, the internal rate of return (pre tax) of coal to olefin investment is 9.91%, which is 11% lower than the industry benchmark rate of return. With the sharp drop of oil price, some coal to olefin projects have been put into operation at present. Coal to oil, coal to gas, coal to ethylene glycol and other projects also have a hard time. Gu zongqin, President of the petroleum and Chemical Industry Planning Institute of

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, believes that coal chemical industry needs to do a good job in the early stage of the project under low oil price to prevent irrational rush. He took coal to ethylene glycol as an example. At the price of crude oil of $40 / barrel, the economic advantage of coal to ethylene glycol was not obvious compared with that of petroleum ethylene glycol. At present, the domestic production capacity of coal to ethylene glycol is more than 2 million tons, and the production capacity under construction is about 1.7 million tons, and the planned production capacity is 4.6 million tons. The project of ethylene glycol production from petroleum is also on the way. In order to prevent overcapacity in coal to ethylene glycol industry in the future, it is necessary to focus on the planning and research of product schemes, such as developing fine chemical products, producing paraffin, lubricating oil, ethanol, or further extending downstream products with syngas.

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experts at the meeting said that the selection of coal chemical product scheme needs to be dialectically compared, and must be considered in combination with the objective conditions such as the project's own raw materials, scale, product use, technical applicability, etc. In addition, to enhance the competitiveness of coal chemical industry, a number of breakthrough innovative technologies are needed. Jin Yong, academician of the Chinese Academy of engineering, believes that the development of CH4 (methane) chemical industry has the advantages of less investment, short process and easy realization of clean production. However, there is still a lack of high-end technical support for CH4 (methane) chemical industry, especially the high-performance metallocene catalyst used in the polymerization process of polyolefin production has not yet achieved technological breakthrough, which restricts the development of new products. Wang Shoujian, chief engineer of

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China Chemical Engineering Group Co., Ltd., said that at present, the coal chemical industry has a very serious phenomenon of overcapacity and product similarity. The industry urgently needs to take the road of differentiation, develop a batch of new products relying on scientific and technological innovation, and enrich the process route and product types. At the same time, we should make breakthroughs in key technologies in energy efficiency, energy consumption, water consumption and environmental protection, and promote the steady and healthy development of the industry relying on innovation and upgrading. In addition, Gu zongqin also pointed out that we should take an objective and rational view on the decline of oil price. Now most people in the industry predict that the normal oil price should be 70-90 US dollars / barrel, and the crude oil price will eventually return to the normal price. Therefore, we should have firm confidence in the development of coal chemical industry. At present, the development of coal chemical industry should continue to do a good job in demonstration, formulate a good product plan, and do a good job in environmental protection and energy conservation.