Refining will become the only way to transform the coal chemical industry

During the 13th Five-Year Plan period, China will work with relevant countries to build six major economic corridors, namely, China-Mongolia-Russia, the New Eurasian Land Bridge, China-Central Asia-West Asia, China-Insouth China Peninsula, China-Pakistan and Bangladesh-China-India-Myanmar. We will jointly build the strategic fulcrum of the Maritime Silk Road and unblock the Belt and Road economic Corridor. After long-term development, the traditional coal chemical production technology has matured and is in the stage of oversupply, but there is structural excess capacity and has the characteristics of high energy consumption, high pollution, low resource utilization rate and low added value. The new coal chemical industry uses coal as raw material to produce traditional petrochemical products, which is a unique new coal chemical industry route opened up in China during the last round of oil price peak, mainly including coal to olefin (MTO), coal to oil, coal to gas and other routes.

1. Prospects of China's coal chemical industry market

China's coal chemical industry will move towards high-quality development in the future. Accelerate the technological optimization and upgrading of modern coal chemical industry, vigorously promote original innovation and integrated innovation, and accelerate the formation of a new situation of high-end and differentiated development of terminal products. At the same time, do a good job in downstream development, continue to extend the industrial chain, promote the shift and upgrade of modern coal chemical industry, and achieve green and high-quality development. Deep integration with petrochemical and other industries has become the development direction of modern coal chemical industry in the future. The "Modern coal chemical Industry Innovation and Development Layout Plan" proposes that the integration of coal chemical and electric heating and multi-generation should be adopted to vigorously promote the integrated development of modern coal chemical industry and coal mining, electric power, petrochemical, chemical fiber, salt chemical, metallurgical and building materials industries, extend the industrial chain, expand industrial clusters, and improve resource conversion efficiency and industrial competitiveness. For example, the use of coal heating integration technology, the construction of crude oil processing, power generation, heating, hydrogen production in one of the joint equipment. Take advantage of the mutual supply and demand of modern coal chemical industry and crude oil processing intermediate products, and carry out demonstration of joint processing of coal and crude oil. In terms of integration with the chemical fiber industry, the development of coal-to-aromatics and coal-to-ethylene glycol, the promotion of diversification of chemical fiber raw materials, and the implementation of coal-based chemical fiber raw materials demonstration projects.

2020 China coal chemical industry development status and market prospect scale analysis

Coal chemical technology mainly uses chemical technology to process coal and transform coal resources into gas fuel, liquid fuel or solid fuel. At present, China can make coal into natural gas, gas, methanol, olefin, etc. The raw materials required for these common processing are still mainly coal, and coal chemical technology can diversify the application forms of coal. Improving the utilization rate of coal in various forms to enhance the sustainable development of domestic energy is also in line with the energy strategy. At present, China's coal enterprises show a good development trend, and the traditional coal enterprises have transformed into modern coal chemical industry. This successful transformation reflects that China's policy adjustment is very correct. China's coal chemical industry has relatively advantageous conditions for development, and in the process of transformation, enterprises can complete the upgrading of the industrial chain according to their actual situation and the current development of resources, reflecting the strength of the modern coal chemical industry. With the increasing social awareness of environmental protection, new requirements have been put forward for the green production of coal chemical industry. Therefore, coal chemical enterprises should strengthen the exploration of coal chemical industry in environmental protection technology, which is not only conducive to the further improvement of the technical level of coal chemical industry, but also conducive to reducing the negative impact on the natural environment, so as to provide a positive role in promoting the green and sustainable development of China's coal chemical industry.

At present, China has built 1.63 million tons of coal to oil, 7.2 million tons of coal (methanol) to olefin, 1.7 million tons of coal to ethylene glycol and 3.1 billion cubic meters of coal to natural gas production capacity. At present, China's coal chemical industry base pattern has taken shape, and a number of coal chemical industry clusters have been cultivated in Ningdong, Ningxia, Ordos, Inner Mongolia, Yulin, Shaanxi, Jundong and Yili, Xinjiang, creating conditions for comprehensive coal utilization, regional waste management and upstream and downstream industries. In recent years, with the breakthrough of key technologies of modern coal chemical industry and the successive completion and production of demonstration projects, the development of China's coal chemical industry has begun to take shape, and gradually changed from traditional to modern. China has successfully developed advanced coal gasification technologies with independent intellectual property rights, such as multi-nozzle opposing coal water slurry, space pulverized coal pressurization, coal to oil, coal to olefin, coal to ethylene glycol and other coal to energy chemical product synthesis technologies, and large-scale coal chemical equipment such as 80,000 grade or more large air separation, million tons of coal to oil reactors, 600,000 tons of methanol to olefin reactors, etc. The level of modern coal chemical technology and equipment has been in the international leading ranks.