The survival of coal -made ethylene glycol under high oil prices is still difficult

In the middle of the year, the price of high international crude oil failed to relieve the coal -to -ethylene glycol enterprise. Judging from recent surveys, the operation of some domestic coal -to -ethylene glycol projects is still not ideal.

At the recently held 2022 petrochemical industry development conference, Sun Weishan, vice chairman of the China Petroleum and Chemical Industry Federation, said that under the current high oil price, modern coal chemical industry has ushered in development opportunities. The operating rates of olefins and coal -to -gas have been raised to the health level, except for only coal -to -ethylene glycol projects. In 2021, there is still a gap between the quality of the product of the energy consumption index and the coal (synthetic gas) (synthetic gas), and there are still many production projects, resulting in the operating rate of coal -to -ethylene glycol projects decreased to 40.2%, a year -on -year decrease of 10.1 percentage points. It is predicted that in 2022, the coal -to -ethylene glycol plans to start production projects, with a new production capacity of 4 million tons. The total production capacity at the end of the year is expected to reach 12.03 million tons, and the risk of excess will increase.

"The rise in international oil prices should have improved the operating rates and economic benefits of modern coal chemical projects including coal -to -ethylene glycol, but the actual situation of the coal -to -dilate project of several companies I visited. It's not as good as imagined. "Some industry experts said.

It is understood that the profit of the coal system of Xinjiang Tianye Group's coal -to -mortar glycol project has been compressed by the reasons and impact of imported products in the Middle East.

Some coal -to -diol companies in the early stage are very sad even when they are high in oil prices.

In addition, the Jiutai Energy Coal Metroleenol project, which is planned to drive in September, adopts a combined methanol route. Based on the current coal price, ethylene glycol products have limited profits. Upgrade.

In contrast, only Tongkun Group, which extends the industrial chain from "one cloth" to the upstream, is better. They produce ethylene glycol with natural gas as raw materials. Because they can get low -priced natural gas, ethylene glycol products in the production area, ethylene glycol products can be obtained. There are some profitable.

Expert analysis believes that the reasons for the low operating rate of domestic coal -to -ethylene glycol devices. In addition to excessive project production and excessive product supply, it is also related to the high steam consumption and the main end and downstream industrial chain. For example, some earlier ethylene glycol devices have a tons of product steam consumption of up to 10 tons. Even enterprises with upstream and downstream industrial chains like Tong Kun also cost 8 tons of steam consumption. Only Jiutai Energy's new coal -to -ethylene glycol enterprises, because of the more advanced process technology, are expected to be slightly lower in steam consumption. Coupled with the sustainable and downstream industrial chain of some enterprises to provide raw materials and digestive products, or the project is built in the west, the transportation cost is too high, and the profit is further compressed.

"The current 'dual carbon' strategy controls coal to death, coupled with safety issues, as well as high costs, single products and poor sales, will cause low operating rates and profit loss of coal -to -ethylene glycol projects." Some Industry insiders said.

Tang Hongqing, who was a consultant of Zhongke Synthetic Oil Technology Co., Ltd., also told reporters that compared with the petroleum route ethylene glycol, the coal -to -ethylene glycol process route is long and the scale is often not large. The production of ethylene glycol in chemical fertilizer technology is not enough, and it is not technically immature. What is more important is that they do not master coal resources. "Modern coal chemical enterprises without coal resources in the future are definitely difficult to survive." Tang Hongqing emphasized.

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