請選擇您需要的產業:  

推新型煤化工 發展能源經濟 (2016-05-17 IEK產業情報網 )

Whilst the GDP growth in China is not as strong as in the past, it is still higher than the international average or other leading countries. The continued economic growth in China has been fueling the demand for petrochemical products. The demand for polyethylene (PE) continues to grow in China and there is not sufficient domestic supply. China has been importing approximately 8 million metric tons of polyethylene (PE) last few years.
To enhance the self- sufficiency ratio of petrochemical products, China built multiple large petrochemical production sites under the 12th 5-year Plan. However, many of these petroleum-based production projects have been suspended or canceled due to the high oil price. As a result, China’s import of certain petrochemical products continues to increase. Because China is rich in coal resource, so coal-to-chemical industry booms in China.
China Petroleum and Chemical Industry Federation indicates that a total of 53 coal-based alkene projects were currently under planning, with an aggregated capacity of 33 million metric tons. There were also 7 coal-to-oil projects (with a total capacity of 13.9 million metric tons), 19 coal-to-glycol projects (with a combined capacity of 4.7 million metric tons) and 18 coal-to-gas projects (with a capacity adding up to 74 billion cubic meters).
However, the collapse of the oil price in the second half of 2014 severely undermines the competitiveness of coal chemical prices. China coal-to-chemical industry is also confronted with difficulties in funding, technology, water resource, pollution control and transportation. The carbon emissions from coal-to-chemical industry are much higher than the oil-based petrochemical industry. The coal mines are all in the inland areas, where water is scarce. These sites are far away from where the demand is (i.e. the coastal areas) in Southeastern China and hence transportation costs are high. The heavy capex intensity and the high technological barrier are among the impediments of the emergence of the China coal-to-chemical industry.
Since the second half of 2014, the China government started to curb the blind expansions of the coal-to-chemical industry. National Energy Administration announced that it will no longer approve any coal-to-gas project with an annual capacity of smaller than 2 billion cubic meters or any coal-to-oil project with an annual capacity of lower than 1 million metric tons. Remedy measures are being taken to cool down the pace of project constructions and the excess consumption of water. Meanwhile, the Catalogue of Industries Encouraged for Developments in the Western Region does not include income tax incentives to coal-to olefin or coal-to-methanol.
Many coal chemical plants came to a halt in 2015. Yili Xintian Coal Chemical’s coal-to-gas project aiming to achieve 2 billion cubic meters, Suxin Energy’s coal-to-gas project with 4 billion cubic meters under planning and Sanxi Luan’s coal-to-oil aiming for 1.8 million metric tons are just a few examples. These projects were all vetoed due to water scarcity or environmental concerns although some of them had passed government reviews or even started construction. Datang Corporation suspended its coal-to-gas project in Fuxin original with an annual capacity of 4 billion cubic meters under planning. Whilst the company had spent CNY 14 billion, it put the project to a stop and is currently trying to sell it off after heavy losses in 2014.
The top priority for the Chinese government in the development of the new coal chemical industry is to enhance technologies so as to produce coal-based chemicals in a cleaner and more efficient way. The 12th 5-year plan encouraged the construction of large production sites for new coal chemicals. The tone was slightly different for the 13th 5-year plan as the focus shifted to the improvement of technologies, the increase of energy efficiency, the reduction of resource consumption and pollutions. In other words, the coal chemical industry in China is marching toward technological upgrades, environmental protection, innovations and independence.
China boasts a rich resource of coal. The government hopes to develop the coal chemical industry so as to effectively reduce the reliance on imported petrochemical products and narrow the trade deficits. In fact, the new coal chemical industry can produce both chemical and energy products.
加密貨幣
比特幣BTC 6996.04 202.42 2.98%
以太幣ETH 146.54 4.51 3.18%
瑞波幣XRP 0.182219 0.00 2.00%
比特幣現金BCH 240.63 7.98 3.43%
萊特幣LTC 41.02 1.15 2.88%
卡達幣ADA 0.032694 0.00 2.22%
波場幣TRX 0.012138 0.00 1.36%
恆星幣XLM 0.042412 0.00 2.69%
投資訊息
相關網站
股市服務區
行動版 電腦版
系統合作: 精誠資訊股份有限公司
資訊提供: 精誠資訊股份有限公司
資料來源: 台灣證券交易所, 櫃買中心, 台灣期貨交易所
依證券主管機關規定,使用本網站股票、期貨等金融報價資訊之會員,務請詳細閱讀「資訊用戶權益暨使用同意聲明書」並建議會員使用本網站資訊, 在金融和投資等方面,能具有足夠知識及經驗以判斷投資的價值與風險,同時會員也同意本網站所提供之金融資訊, 係供參考,不能做為投資交易之依據;若引以進行交易時,仍應透過一般合法交易管道,並自行判斷市場價格與風險。
請遵守台灣證券交易所『交易資訊使用管理辦法』等交易資訊管理相關規定本資料僅供參考,所有資料以台灣證券交易所、櫃買中心公告為準。 因網路傳輸問題造成之資料更新延誤,精誠資訊不負交易損失責任。