Modern coal chemical industry faces a double test

Recently, the "Opinions of the Central Committee of the Communist Party of China and the State Council on the Complete, Accurate and Comprehensive Implementation of the New Development Concept to Do a Good Job in Carbon Peaking and Carbon Neutrality" and the "Carbon Peaking Action Plan by 2030" have been issued successively, superimposing the previous modern coal chemical industry center in Yulin City, Shaanxi Province The release of the "Notice on Ensuring the Completion of the Energy Consumption Dual Control Target and Tasks in 2021" has put the coal chemical industry, which is already the focus of energy consumption "dual control", facing a double test

In the short term, the production and operation of modern coal chemical companies are facing a big test

This measure introduced by Yulin, the hometown of modern coal chemical industry, is very typical and representative of the industry.

In the long run, the continued development capability of the modern coal chemical industry is facing a big test

The "Opinions" emphasized that it is necessary to resolutely curb the blind development of high-energy-consuming and high-emission projects

It is not difficult to see that the "Opinions" listed coal chemical industry as a "two high" project, and directly named coal-to-olefins and coal-to-oil and gas

China's modern coal chemical industry generally refers to the four industrial paths of coal to olefins, coal to oil, coal to gas, and coal to ethylene glycol

　　The "Opinions" also require "reasonable control of the scale of coal-based oil and gas production capacity

　　On September 13 this year, when inspecting the Yulin Coal Chemical Project of the National Energy Group, General Secretary Xi Jinping pointed out that the need to promote the high-end, diversified, and low-carbon development of the coal chemical industry has pointed out the direction for the development of the coal chemical industry

　　Regarding the latest blockbuster documents, what coal chemical companies expect is that when local governments implement this policy, they must refrain from adopting a “one size fits all” and “movement” approach to carbon reduction, so that coal chemical companies can have time to implement this policy.