How is the development of coal chemical industry?

Coal chemical industry is the process of converting coal into gas, liquid, solid fuel and chemicals through chemical processing, and related chemical industries with coal as raw materials are collectively called coal chemical industry. From the position of industrial chain, coal chemical enterprises are divided into coke, coal head fertilizer, coal liquefaction and basic chemical industry with calcium carbide and acetylene as raw materials.

The coal industry has gradually bottomed out, coal prices have fallen sharply, and the operating costs of coal chemical projects have been continuously lowered. The national level and local governments have issued preferential policies for many times to help coal enterprises and power enterprises to launch related industrial parks, so as to help enterprises upgrade and transform and get rid of difficulties.

The new coal chemical industry is still in the initial stage of development in China, and the R&D and manufacturing capabilities of core technologies and equipment are obviously insufficient. State-owned enterprises and central enterprises can not achieve self-financing in this field, and most well-known projects are barely maintained by financial subsidies.

The coal chemical industry generally faces serious overcapacity problems. According to the data in Foresight Industry Research Institute's Foresight China Coal Chemical Industry Development Prospect Forecast and Investment Strategic Planning Analysis Report 20 15-2020, in 201year, China's coke production capacity reached 600 million tons, while the output was only 428 million tons; 20 12 year coke output of 443 million tons; By 20 13, the output will reach 476 million tons. Even if the new capacity is not considered, the coke capacity in China is still obviously surplus.

Urea, calcium carbide and other industries are also facing the same problem. Although the production capacity is increasing one after another, due to limited demand, the speed of output increase is relatively slow, resulting in low operating rate and low overall competitiveness and risk resistance of the industry. Overcapacity, low technical level, serious environmental pollution, high energy consumption and even high transportation risk have become bottlenecks restricting the development of the industry.

New coal chemical projects will be the focus in the future. Although the constraints of national policies and the encouragement of local governments go hand in hand, the research shows that the development momentum of coal chemical industry will not decrease during the Twelfth Five-Year Plan period. In terms of investment, various capitals compete with each other; Geographically, the central and western regions are rich in coal resources and will focus on major investments; In terms of types, coal to olefins and coal to natural gas will be the main projects.