China Coal Chemical Industry Report 2008

China Coal Chemical Industry Report 2008

According to statistics, currently there are 117 large-scale coal-chemical manufacturers and 385 modern gasifiers in the world; in terms of the type of products, 37 per cent is chemical products, 36 per cent is indirect synthetic Oil, and 19 per cent is for generating electricity. The average growth ratio of global coal-chemical industry’ production capacity which is based on coal gasification technology is 5 per cent, slightly higher than the average growth rate of chemical industry which is 3.6 per cent.


At present, China is the world's largest coal chemical industry base, by the end of 2006, the output of coke recorded 297.6831 million tons, of calcium carbide was 11.7705 million tons, of synthetic ammonia was 49.3681 million tons and of methanol was 8.747 million tons, all of them ranked in the leading position in the world. In recent years the global crude oil price has been soaring, therefore coal, as the alternative energy source, has become popular.


Taking into account of China's natural energy conditions-large quantity of coal and less oil, a compatible strategic choice is to develop coal chemical industry to reduce import dependence on crude oil. China has been gradual developing the coal chemical industry and producing high value-added coal chemical products. By the end of 2006 the Chinese central government issued "The draft of the medium and long term development of coal chemical industry," which plans that during 2006 to 2020, the total investment of coal chemical industry will be over one trillion yuan, of which 50 per cent of equipment and 10 per cent of technology.


China is a large coke-producing country and the domestic coke industry is blind expanded in recent years, which caused the Chinese coke market has revealed the oversupply situation. According to data provided by the National Bureau of Statistics, in 2007 China recorded 328.94 million tons of coke, accounting for more than 50 per cent of the global output and has been the world's largest producer for many years.


In 2007 China produced 14.82 million tons of calcium carbide, an increase of 18.43 per cent than the same period of 2006; 75 per cent of the total output of calcium carbide is used in PVC production, therefore, PVC has a certain influence on the supply and demand market. The current market of Calcium carbide industry is also in an oversupply circumstance and meanwhile its prices has been raised gradually by the rising price of blue carbon and pale grey.


In 2006 China surpassed the United States became the world's largest methanol consuming country for the first time and also overtook Trinidad and Tobago as the world's largest methanol producer. In 2007 the apparent consumption and output of methanol in China was 10.409 million tons and 10.126 million tons, a year-on-year increase of 24.01 per cent and 35.79 per cent respectively; the output growth rate was much higher than the demand growth rate in the last five years, therefore, the methanol import has gradual substituted by domestic products. Currently, the number of methanol production enterprises is 177 in China, but the whole pattern of methanol industry is the relatively small scale and decentralization. In the next two years, the growth of China's methanol industry is expected to remain around 20 per cent, but, moreover, the production capacity will expand even faster, during 2008-2010 the additional extra production capacity will be over 10 million tons, which will absorb by export, thus, it is estimated that by 2009 China will become a net exporter of methanol.

Contents

1 Overview of Coal Chemical Industry

2 The development of coal chemical industry
2.1 The circumstance of global development of coal chemical industry
2.2 The impact of the high oil price on the development of coal chemical industry
2.2.1 The rising price of global crude oil
2.2.2 The price of global crude oil will remain in a high level
2.2.3 The rising price of global natural gas

3 The development of China's coal chemical industry
3.1 The rich resources
3.2 Energy security
3.3 The impact of the development of China's coal chemical industry
3.3.1 Water resources
3.3.2 Coal resources
3.3.3 Environmental pollution
3.3.4 Policy

4 The sub-sectors of China's coal chemical industry
4.1 Coking
4.2 Calcium carbide
4.2.1 BDO
4.2.2 PVA
4.2.3 PVC
4.3 Coal gasification
4.3.1 Urea
4.3.2 Methanol

5 key companies
5.1 China Coal Energy Co.,Ltd
5.2 Ningxia Yinglite Chemical co., Ltd (NYCC)
5.3 Xinjiang Tianye
5.4 Shanxi Sanwei Group Co.,Ltd.
5.5 Yunnan Yunwei Company Limited
5.6 Yuanxing Energy Co.,Ltd


Figure Index

The techniques and products of coal chemical
The price of coal in Chinese market 2006-Mar2008
The price of global crude oil 2005-June 2008
The global supply and demand of oil 2006-2008 (Quarterly)
The global supply and demand of oil 2004-2008 (Annually)
The total petroleum inventories and OECD crude oil 2003-Mar 2008
The price of WTI oil 2007-June 2008
The price of Henry Hub natural gas 2006-May 2008
Comparison of the growth of different energy prices Aug2007-July 2008
The planning of China's coal chemical industry until 2020
The world's energy distribution (proven reserves)
The proportion of China's resources reserves of the world
The structure of China's energy consumption
The supply and demand of China’s petroleum 2000-2007
The domestic crude oil production and consumption 2002-2010
The contribution of domestic and imported crude oil of the apparent consumption
The proportion of the output of coal and water resource of major provinces of China's total.
The suitable areas for the development of coal chemical industry
The structure of China's coal distribution
The structure of coking products
The output of China’s coal tar
The application of coal tar in China
The output and growth rate of China's coke 2001-2007
The price of coke Aug 2007-July 2008
The techniques of calcium carbide
The output of calcium carbide 2001-2007
The price and price difference of calcium carbide Apr 2007 and Aug 2008
The structure of calcium carbide consumption
The structure of BDO consumption in the United States
The structure of BDO consumption in China
The consumption, output and import of China’s BDO 2004-2007
The price and price difference of the calcium carbide process of BDO Apr2007-July 2008
The price and price difference of the maleic anhydride process of BDO Apr2007-July 2008
The consumption structure of PVA
The distribution of PVA production capacity
The output of China’s PVA 2000-2007
The price and price difference of calcium carbide PVA Apr 2007-July 2008
The price and price different of ethylene process of calcium carbide Apr 2007-July 2008
The structure of PVC consumption
The consumption and import of PVC in China 2003-2007
The price and price difference of ethylene PVC Apr2007- July2008
The price and Price difference of calcium carbide PVC Apr 2007-July 2008
The growth of global urea output 1999-2006
The price and price difference of global natural gas May 2007- Aug2008
The consumption and export of urea in China 2003-2007
The output and export of China’s urea 2002-Apr2008
China's consumption structure of methanol
The production technique of methanol
The distribution of China's methanol production method
The distribution of global methanol production capacity
The price of natural gas and methanol May2007-July 2008
The output and consumption of methanol in China 2002-2007
The consumption and import of methanol in China 2002-2007
The price of methanol and petrol Aug 2007- Aug2008
The price of DME and diesel July 2007-July2008
The structure of China national coal’s main business profits
The structure of NYCC’s main business revenue
The composition of Xinjiang Tianye’s operations 2007
The expense rate of Xinjiang Tianye 2004-2007
The growth of income of Shanxi Sanwei group 2005-June 2008
The growth of gross profit of Shanxi Sanwei group
The revenue of Yunnan Yunwei
The gross profit of Yunnan Yunwei
Comparison of methanol’s operating margin of major companies



Table Index

Comparison of the price of the three main energies
The production capacity of BDO of listed companies
The production capacity of PVA manufacturers
Comparison of different fuels