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The investigation of the coal chemical industry conducted by the Industry Development and Reform Commission found that in recent years, due to the high oil prices in the international market, it has stimulated the enthusiasm of the coal-rich chemical industry to develop the coal chemical industry. The projects under construction will add 8.5 million tons of methanol, 900,000 tons of dimethyl ether, 1 million tons of olefins and 1.24 million tons of coal-to-oil.
At present, the registered methanol project has a capacity of 34 million tons, 3 million tons of olefins, and 3 million tons of coal oil.
The coal chemical industry mainly includes traditional coal chemical products such as coke, calcium carbide, coal and chemical fertilizers, and modern coal chemical products such as methanol, dimethyl ether, olefins, and oil. In recent years, the restructuring of the coke and calcium carbide industries has achieved initial results, but there is still a serious overcapacity. Except for the production of coal from methanol to a certain production scale, most of the modern coal chemical industry is still in the demonstration stage.
In July this year, after the Development and Reform Commission issued the "Circular on Strengthening the Construction and Management of Coal Chemical Industry Projects to Promote the Healthy Development of the Industry," local governments basically suspended the approval or filing of coal chemical projects. However, there are still some problems in the development of coal chemical industry, such as the excessive number of planned parks and projects in some areas, the major technologies and equipment for large-scale projects to be industrialized, and the slow progress in technological development.
The total investment in the construction of coal chemical projects in China amounts to more than 80 billion yuan
According to the information from the National Development and Reform Commission on the 30th, the total investment in the construction of coal chemical projects in China amounts to more than 80 billion yuan.