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  Low oil prices highlight the conflicts of development of coal chemical industry

2017-11-21


After years of development, the scale of investment in the modern coal chemical industry in china has been continuously increasing. Achievements in technological innovation and construction scale have been impressive. The introduction of a series of national policies has brought the industry to new opportunities for development. The scale of the projects such as coal-to-olefins and coal-to-oil has entered the world′s forefront. With the increasing scale, issues included scattered industrial layout, short industrial chain, water resources and environmental bottlenecks are gradually emerging. Some projects“lost money when put into operation”.Experts and business principal think that under the background of low oil prices, the coal chemical industry needs to continually exert its force around technological innovation, extending the industrial chain and establishing a standard system.

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