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With the spread of the world financial crisis to the real economy, chemical companies in the country have been hit by unprecedented shocks. Since the end of last year, the import of foreign low-priced phenolic resin has soared, resulting in a large-scale reduction in production or parking by state-owned methanol production enterprises. The current operating rate is less than 40%. At this stage and in the period to come, the main competitors of the national methanol companies are foreign methanol production companies, especially those in East and New Zealand.
With the rapid development of the country’s economy, the country’s demand for methanol has occupied the first place in the world. In recent years, the country has imported large amounts of methanol each year, which has caused a huge impact on the domestic market. According to the distribution of import sources of methanol in the country, the largest amount is in the east, accounting for 56% of the total imports, followed by New Zealand, accounting for 32%, and the share of other countries is relatively small. At present, the domestic methanol market is basically the same as foreign countries. Foreign methanol manufacturers have large equipment scales, advances in production technology, and low prices for raw materials, and recent tariffs have been further reduced. For example, tariffs on the 10 ASEAN countries are zero, and New Zealand tariffs have dropped to 3%, which will undoubtedly further enhance the competitiveness of foreign products.
At present, the cost of building large-scale methanol production facilities in foreign natural gas production sites is only 60-80 US dollars / ton. Most of the country's methanol production enterprises use coal as raw material, and the limited size of the gasification plant covers an important congenital defect that restricts the development of the methanol production facility to large scale. The largest single natural gas methanol plant in the country has an annual production capacity of about 600,000 tons, and most single-unit natural gas methanol plants have an annual production capacity of 100,000 tons, which is a big gap from the international level.
As most of the country's methanol production uses coal-based routes, acid gas ash emissions are relatively large, and more funds need to be invested to build environmental protection treatment facilities. In addition, foreign large-scale methanol plants using natural gas as raw materials basically belong to cleaner production, have less impact on the environment, and have relatively small investment in environmental protection.
Methanol abroad is very competitive because of its low raw material advantage, especially in terms of price, regional, sales, etc., relative to the target market. Sun Yuzhu believes that only by further integrating the upstream and downstream industries, the national methanol company will adopt a vertical strategy through scientific management to improve its product competitiveness. Take Yankuang Group as an example, we should make full use of the upstream and downstream integration advantages, select the right timing, continue to build large-scale methanol downstream devices, further stretch the industrial chain, increase the marketable high value-added methanol downstream products, meet the market demand, and then improve The overall competitiveness of an enterprise enables sustainable development.
With the rapid development of the country’s economy, the country’s demand for methanol has occupied the first place in the world. In recent years, the country has imported large amounts of methanol each year, which has caused a huge impact on the domestic market. According to the distribution of import sources of methanol in the country, the largest amount is in the east, accounting for 56% of the total imports, followed by New Zealand, accounting for 32%, and the share of other countries is relatively small. At present, the domestic methanol market is basically the same as foreign countries. Foreign methanol manufacturers have large equipment scales, advances in production technology, and low prices for raw materials, and recent tariffs have been further reduced. For example, tariffs on the 10 ASEAN countries are zero, and New Zealand tariffs have dropped to 3%, which will undoubtedly further enhance the competitiveness of foreign products.
At present, the cost of building large-scale methanol production facilities in foreign natural gas production sites is only 60-80 US dollars / ton. Most of the country's methanol production enterprises use coal as raw material, and the limited size of the gasification plant covers an important congenital defect that restricts the development of the methanol production facility to large scale. The largest single natural gas methanol plant in the country has an annual production capacity of about 600,000 tons, and most single-unit natural gas methanol plants have an annual production capacity of 100,000 tons, which is a big gap from the international level.
As most of the country's methanol production uses coal-based routes, acid gas ash emissions are relatively large, and more funds need to be invested to build environmental protection treatment facilities. In addition, foreign large-scale methanol plants using natural gas as raw materials basically belong to cleaner production, have less impact on the environment, and have relatively small investment in environmental protection.
Methanol abroad is very competitive because of its low raw material advantage, especially in terms of price, regional, sales, etc., relative to the target market. Sun Yuzhu believes that only by further integrating the upstream and downstream industries, the national methanol company will adopt a vertical strategy through scientific management to improve its product competitiveness. Take Yankuang Group as an example, we should make full use of the upstream and downstream integration advantages, select the right timing, continue to build large-scale methanol downstream devices, further stretch the industrial chain, increase the marketable high value-added methanol downstream products, meet the market demand, and then improve The overall competitiveness of an enterprise enables sustainable development.
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