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China Looks to Accelerate the Development of its Coal Chemical Industry.


DUBLIN, Ireland -- Research and Markets (http://www.researchandmarkets.com/reports/c40507) has announced the addition of China's Coal Chemical Industry Study in 2006 to their offering.

In recent years, with the rising prices of crude oil and natural gas, a shortage of oil & gas resources and the increasing oil importation, the Chinese energy industry is focusing on accelerating the development of the coal chemical industry. Traditional coal chemical industries such as coking and coal gasification Coal gasification

The conversion of coal or coal char to gaseous products by reaction with steam, oxygen, air, hydrogen, carbon dioxide, or a mixture of these.
 ammonia synthesis maintain a rapid momentum. New coal chemical technologies such as Coal liquefaction Coal liquefaction

The conversion of most types of coal (with the exception of anthracite) primarily to petroleumlike hydrocarbon liquids which can be substituted for the standard liquid or solid fuels used to meet transportation, residential, commercial, and
 synthetic oil Synthetic oil is oil consisting of chemical compounds which were not originally present in crude oil (petroleum) but were artificially made (synthesized) from other compounds. , coal gasification synthetic alcohol ether and coal chemical cogeneration are also under way. With the start-up of the industrialization industrialization

Process of converting to a socioeconomic order in which industry is dominant. The changes that took place in Britain during the Industrial Revolution of the late 18th and 19th century led the way for the early industrializing nations of western Europe and
 of the coal chemical industry, China is bound to be the largest country in this field.

Being the focus of medium-and-long-term national energy development strategy, the new coal chemical industry mainly occupies itself with production of clean energy and substitutes such as diesel oil, gasoline, aviation fuel, liquefied petroleum gas liquefied petroleum gas or LPG, mixture of gases, chiefly propane and butane, produced commercially from petroleum and stored under pressure to keep it in a liquid state. , the raw material ethene ethene: see ethylene.  and polypropylene, alternative fuels (methyl alcohol methyl alcohol: see methanol. , dimethyl di·meth·yl  
n.
An organic compound, especially ethane, containing two methyl groups.
 aether) etc., being the new emerging industry with the combination technologies applied in energy resources and chemical engineering. The coal chemical industry will play an important role in the sustainable development of China's energy resources in the next twenty years TWENTY YEARS. The lapse of twenty years raises a presumption of certain facts, and after such a time, the party against whom the presumption has been raised, will be required to prove a negative to establish his rights.
     2.
, which will reduce alleviation of environmental pollution caused by coal burning as well as reduce dependence on oil importation. In a word, there will be great demand and opportunities in China's coal chemical industry.

Currently, some domestic coal-mining enterprises and regions are taking advantage of abundant resources to bring about great economic returns and regard new coal chemical engineering as the top priority of the local economy. Great efforts have been made in the adjustment of the industrial structure based on the coal chemical industry to move forward along new industrialization route. Generally, new coal chemical industry is its early stages, which requires huge investments and involves precision technologies. So, overall planning, technical studies, new techniques development and systematic optimization are needed to coordinate the development in coal, chemical, oil and electric power. In this way, the need of a fast-growing national economy will be met.

Topics Covered

1 Overview of the coal chemical industry

2 Current development of China's coal chemical industry

3 Clean coal

4 Coal-generated methanol

5 Coal-derived oil

6 Other coal chemical industries

7 Development analysis of new coal chemical industry

8 Competitiveness analysis of major coal and coal chemical enterprises

9 Investment prospect and strategic analysis of China's coal chemical industry

10 Development of the coal chemical industry in the future and strategic analysis

Companies Mentioned

- Yanzhou Coal Mining Company The Yanzhou Coal Mining Company (Traditional Chinese:兗州煤業公司, Simplified Chinese:兖州煤业公司) (HKSE: 1171 ),(SSE: B>600188),(NYSE: YZC) is a coal mining company in Mainland China.  Limited.

- Henan Shenhuo Coal Industry and Electricity Power Co., Ltd.

- Shanxi Xishan Coal and Electricity Power Co., Ltd.

- Shanxi Lanhua Sci-Tech Venture Co., Ltd.

- Shanxi Guoyang New Energy Co., Ltd.

- Zhengzhou Coal Industry&Electricity Power Co., Ltd.

- Kailuan Clean Coal Co., Ltd.

- Anhui Hengyuan Coal Industry and Electricity Power Co., Ltd.

- Shenhua Group Corporation Limited

- China National Group Corporation

- Datong Coal Ming Group Co., Ltd.

- Ningxia Coal Group Corporation Limited

- Shanxi Coking Limited Company

- Shanxi Antai Group Co., Ltd.

- Anhui Huaihua Group Co., Ltd.

For more information visit http://www.researchandmarkets.com/reports/c40507
COPYRIGHT 2006 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Aug 11, 2006
Words:530
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