CTO Has Opportunities    

In 2009, China produced around 10.7 million tons of ethylene. Ethylene and propylene monomers as well as their derivatives are still short of supply in China. Coal-to-olefins (CTO) is thought as very competitive and has huge opportunities. By the end of 2010, three world scale CTO projects (Shenhua Group Corporation Limited in Baotou, China Datang Corporation in Duolun and Shenhua Ningxia Coal Group) will start up in China.
   Technology innovation is changing the petrochemical industry. Several energy & chemical giants of China triggered their raw materials diversification. Sinopec Zhongyuan Petrochemical Company planned to change its ethylene feedstock to methanol from naphtha in its Puyang site, Henan province, and Sinopec Group also planned a 1.8 million t/a methanol to 600 000 t/a olefins (MTO) project in Hebi, Henan province. China Huaneng Group started the feasibility study for building CTO projects in Inner Mongolia and Ningxia. Dow and Shenhua jointly have completed the pre-feasibility study for their jv project in Yulin, Shaanxi province. Total Petrochemicals has confirmed the successful operation of its MTO+OCP demonstration program and also has announced to build coal based polyolefin project in China. Ningbo Heyuan Chemical Co Ltd has launched the MTO project in Ningbo Chemical Industrial Zone, Zhejiang province, which importing methanol as feedstock.
    Associates with its strategic cooperator - Total Petrochemicals, ASIACHEM Consulting will organize the 2nd COAL-TO-OLEFINS CONFERENCE on November 22nd-23rd, 2010 in Beijing, China. The upcoming event will focus on the CTO industrial policies in China, the competitiveness analysis between naphtha crackers and CTO, the CTO and derivatives layout, the feasibility of out-purchasing methanol and building MTO projects in the coastal chemical parks..