In 2010, 10.3% of GDP indicates that China is still the engine of the world economy in the recession. In 2011, if the average price of international crude oil is around US$90/barrel, if Chinaâ€™s economy does not show ups and downs, what chemical industries are worth seeing?
The new type of coal chemical industry does not diminish January 26, China Petroleum and Chemical Industry Federation released "China's petroleum and chemical industry economic operation report - 2010 review and 2011 market forecast" shows that in 2011, the chemical industry will further accelerate The pace of structural adjustment has increased the rate at which outdated production capacity has been eliminated, and continues to enter new technological revolutionary fields such as new types of coal chemical industry, new energy, new materials, bio-chemicals, and fine chemicals in order to achieve sustained and stable growth in profits in the chemical industry.
According to expert analysis, for the new coal chemical industry, coal-to-liquids have more market prospects in China, and the country will promote the new-type coal chemical industry under the standard. Although we have made some breakthroughs, we need to speed up the process and improve our competitiveness. Coal-to-natural gas has a very good macro market, but it needs pipe network support; coal-made dimethyl ether has market promotion problems; coal-to-olefins have development opportunities in some areas of China; coal-based glycol is the basis for fully researching its competitiveness. On the above, it does develop its position.
At present, coal-to-coal ether, coal-to-olefin, coal-to-natural gas, and coal-to-ethylene glycol technologies are relatively mature, and coal-to-oil technology also needs to be run-in. Shenhua Group built China's first coal-to-olefins industrialization project. China Datang Corporation is building two coal-to-gas projects. Jiangsu Danhua Chemical Technology Co., Ltd. is building a coal-based glycol project. Xinjiang Guanghui Industrial Co., Ltd. has an annual output of 1.2 million tons of methanol, 800,000 tons of dimethyl ether, and 500 million cubic meters of liquefied natural gas. The civil engineering project is now in full swing and is expected to be completed and put into operation in April 2011.
The new material products are more blooming. The new chemical materials involved in the specific sub-sectors are more, now more active are polyurethane, fluorine chemicals, engineering plastics, high-performance fibers. As a high-end product in the chemical industry, chemical new materials have long been the commanding heights of competing nations in the world. At present, major areas such as large aircrafts, national defense forces, and high-speed railways are inseparable from the support of new chemical materials. In 2011, China Railways will arrange 700 billion yuan for capital construction, of which the high-speed railway is one of the highlights. For the related supporting engineering plastics, this is undoubtedly a feast.
After years of development in China's polyurethane industry, the average annual growth rate is about twice the GDP, but China's per capita polyurethane consumption has not yet reached the world average. Based on per capita GDP growth and polyurethane growth rate, China's polyurethane industry is still in a period of rapid growth. In the future, the development of China's polyurethane industry will also be driven by the five major aspects of the population, automobile industry, building energy conservation, environmental protection requirements, and leisure and entertainment industries.
It is understood that the fluorinated workers will be listed separately in a special plan in the national "Twelfth Five-Year Plan". The plan intends to implement mandatory resource integration and achieve a substantial reduction in exports of fluorspar and hydrofluoric acid by more than half. Therefore, vigorously developing downstream products will become a hot topic. For example, fluorine Electronic Chemicals
have been widely used in satellite technology, military and other high-end display devices and notebook computers, digital cameras and other fields. It is expected that the use of fluorine materials in the global liquid crystal material market in 2011 will reach US$3.2 billion.
Engineering plastics are high-tech new materials with high strength, high modulus, high temperature resistance or special functions in polymer materials. It is understood that the consumption of engineering plastics in China only accounts for 10% of the total plastic consumption, while the world average level is about 20%. China's engineering plastics industry is in a period of rapid development and this trend will continue in 2011.
High-performance fibers include high-end materials such as carbon fibers, aramid fibers, and ultra-high molecular weight polyethylene fibers. They have a wide range of applications in the industrial, civil, military, and other fields. At present, there are very few domestic enterprises that can produce high-performance fibers, and production is insufficient. Therefore, in 2011, the industry will be a fertile ground for attracting investment.
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