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China Coal Chemical Industry Worries Asia Petrochemical

 Last Update: 2021-03-30
 Source: Internet
 Author: User

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[China Epoxy Network (China Epoxy Industry Online)November 04, 2013: China Coal Chemical Industry worries Asian petrochemical companies: According to the Nikkei report, China's coal chemical industry is advancing The project has attracted much attention.
In China, new technologies for producing basic chemicals ethylene and propylene using the rich coal resources in the inland areas have been realized soon.
The production plan announced only to the outside world has reached a scale equivalent to three times the domestic demand in Japan.
The Asian petrochemical companies that regard China as the largest exporter are trembling about this.
At present, global ethylene production mainly uses naphtha and gas as raw materials, and new technologies can be used to extract methanol from coal and then process it into ethylene and other chemical products.

Coal is very cheap in the surrounding areas of the Inner Mongolia Autonomous Region, which is located in inland China.
Even if the transportation cost to the final product factories in coastal areas is included, it is still cheaper than imported products.
(This station reporter)

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