Inevitability of the development of coal chemical industry

China's energy structure characteristics, environmental protection needs, and deepening of supply-side reforms have given the coal chemical industry the opportunity to grow, and the development of the coal chemical industry is inevitable.

China's "rich coal, poor oil, low gas" energy structure characteristics make oil and natural gas highly dependent on foreign countries, and with economic development, China's demand for oil and natural gas continues to increase. Modern coal chemical technologies such as coal-to-oil and coal-to-natural gas can enrich China's oil and natural gas supply sources, thereby reducing China's demand for oil and natural gas imports and playing an important role in safeguarding China's energy security. Zhou Mingcan, a senior engineer at Chongqing Chemical Design and Research Institute Co., Ltd., said that the properties of coal as China's main energy source will be difficult to change at present and in the future. On the other hand, the development of coal chemical industry will also be an important part of China's coal resource utilization.

With the development of China's science and technology and the improvement of environmental protection requirements, the clean and efficient use of coal is increasingly valued. Although clean coal combustion technology can improve the serious environmental pollution problems caused by traditional coal-fired technology, it is still difficult to fundamentally solve the impact of coal-fired dust, sulfur dioxide, nitrogen oxides, etc. on the atmospheric environment, and the large amount of carbon dioxide emissions cause global The problem of climate warming. Using coal as a chemical raw material to replace oil and natural gas is an effective way to solve environmental pollution and reduce carbon emissions.

China's demand for clean fuels continues to grow, and the pace of clean fuels replacing traditional fuels is accelerating. Motor vehicles in many places across the country began to implement the National Sixth Emissions Standard, the upgrading of marine fuel oil accelerated, natural gas vehicles and ships developed rapidly, loose coal and high-quality sulfur, petroleum coke and other inferior fuels gradually withdrew from the market, industrial furnaces, heating boilers "coal "Gas improvement" is actively promoted, and the coal deep-processing industry has broad market development prospects.

In addition, with the continuous deepening of supply-side structural reforms, the transformation and upgrading of the coal industry and the cultivation of new profit growth points are the general trend. As an important way to extend the coal industry chain and increase added value, the coal chemical industry will usher in new development opportunities.

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