China Drying Network and Telecommunications Co., Ltd. was halted in 2009 due to overcapacity and redundant construction. The three-year approval limit has expired, and the macroeconomic downturn is no longer required to be driven by investment, coupled with the new coal chemical industry as an emerging strategic energy industry. As an important part, it has become possible to upgrade the technology route. It is reported that the relevant project approvals have recently begun to show signs of restart. Whether or not they can obtain “roads†will, in addition to geographical and other factors, mainly depend on energy efficiency, coal consumption, and water consumption, which are “one effect, two consumption†indicators. According to media reports, the "Coal Deep Processing Demonstration Project Plan" to be issued in the near future will clarify 15 projects approved during China's "Twelfth Five-Year Plan" period as demonstration projects for deep processing of coal, mainly located in Xinjiang's Yili District, Xinjiang's Zhundong region, and Inner Mongolia's western region. . A few days ago, it was learned from Inner Mongolia that the National Development and Reform Commission and the Energy Administration are reviewing and approving a number of new-type coal chemical projects. The scope of the project covers coal-to-natural gas, coal-to-olefins, coal-based oil, etc. The approval amount may reach 550 to 700 billion yuan. . Industry experts believe that starting in the second half of 2012, China is expected to enter the peak period of coal chemical investment. “Italy’s 2 million tonne coal-to-liquids phase II project is currently under way by the NDRC and is expected to be approved by the National Energy Administration in the near future.†Qi Yaping, chairman of Inner Mongolia Yitai Coal-to-liquids Co., Ltd., told reporters that Yitai was in 2002. The technology of 160,000 tons of first-phase coal-to-liquid projects invested and built has gradually matured. After the completion of the latest technological transformation in October 2010, it passed the acceptance of the National Energy Administration. This not only indicates that the “latent†coal-based oil has been industrially magnified, but also has considerable profitability. "In the second half of last year, this set of equipment has been able to operate at a load of 110% to 120% for a long time, with an annual oil output of up to 180,000 tons. The consumption of water per ton of oil has been reduced, and the production of one ton of oil has consumed less than 800 degrees. Electricity, about 9 tons of water; coupled with the recent impact of coal price cuts on reducing the cost of coal oil, the current profit per ton of oil tax can reach 800 yuan.†Qi Yaping said that the National Development and Reform Commission currently approves new coal chemical projects focused on energy efficiency, Coal consumption, water consumption, which is an indicator of "one effect, two consumptions," energy conversion efficiency is highly valued. Yitai's current coal-to-oil energy application efficiency can reach 40%. With future coal-fired distillation technology, efficiency will increase to 56. %. It is reported that with the emergence of signs of approval loosening, in addition to planning a 2 million-ton coal-to-oil project, Yitai has set a goal of developing a coal-to-oil production capacity of 10 million tons by 2020. Shenhua Ordos coal oil company personnel revealed to reporters that China's first direct coal liquefaction and oil production project - 3.2 million tons of Shenhua coal-to-oil phase I has passed approval approval and is currently being filed with the National Development and Reform Commission. "The project's comprehensive energy conversion rate reached 59.8%, and it is necessary to appropriately expand the scale of production," said Qiao Baolin, deputy secretary of the Party Committee of the Shenhua Ordos Coal Oil Subsidiary. The CNOOC New Energy Investment Co., Ltd.'s investment in building a synthetic natural gas (SNG) project with an annual production capacity of 4 billion yuan is another new type of coal chemical project that awaits the “Road†of the NDRC. The reporter learned from the coal chemical industry base of the Zhungeer Qi Daer Road in Ordos City that the total investment for approval of the project was about 245, 284,594 yuan. The project is scheduled to be put into operation in 2013 and is currently in the process of approval. "Rising energy prices and high coal inventories will be a powerful catalyst." Approval of coal chemical projects will be restarted. Orient Securities analysts believe that in the short term China's resource structure will still maintain its status of "rich coal, lack of oil and less gas," and its resource reserves remain Coal-based. Recently, international oil prices continued to rebound, and coal prices continued to decline. In the short term, both output and cost sides provide support for the development of the coal chemical industry. At the same time, domestic high coal stocks will promote the development of coal deep processing. At present, the production capacity of the main products of traditional coal chemical industry has been surplus, and the development space is concentrated in the new modern coal chemical industry. The modern new coal chemical industry pays attention to the use of new technologies and new processes, and the conversion process is even less polluting and more cost-effective. “Although the approval is expected to restart, the total investment for the release of the project is obviously not large.†Chen Yafei, deputy director of the Beijing Coal Chemical Research Branch of the Coal Research Institute, said that the next round of new coal chemical investment will be based on demonstration projects. 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