Category: Money Tips Date: 2006-09-13
Source: New Era Securities Author: White Health
In recent years, national energy policies and industrial policies, macro-guidance, with coal resources of the areas, such as Shanxi, Inner Mongolia, Shaanxi, Ningxia, Anhui, Henan, Xinjiang, Yunnan, Guizhou, Shandong and other places the development of coal chemical industry have shown unprecedented enthusiasm . These regions have taken to accelerate the development of coal chemical industry to make a strategic decision to develop coal chemical industry development plan, the construction of new coal chemical engineering as a local economic development strategic direction. Coal chemical industry refers to the raw materials for the production of coal chemical enterprise. In the long-term high oil prices expected, the coal substitution effect on crude oil, the cost advantages and on this basis, to enhance profitability of the business, coal chemical industry will be given to the long-term strength of the power plate, in this case, the number of listed companies are have set foot in coal chemical industry, coal chemical industry in which the strong involvement of G-Kailan (600,997) cause for concern!
July 10 of this year, G Kailuan (600,997) will raise funds invest in 2 million tons / year coke plant project changed to a coal chemical companies implement. To increase investment to build 10 million ton / year methanol project coke oven gas by coal chemical companies implemented, can reasonably be used as a by-product coke oven gas, reduce pollution, improving corporate product mix, improving the company's economic and social benefits . The company announcement said that the methanol-phase of the project total investment of 334.3862 million yuan, the project put into production, can realize annual sales income of 232.9574 million yuan!
Worth noting that this is just the beginning, the company is located in the Bohai Sea and the economic development of Beijing-Tianjin-Tang circle hinterland, Hebei Province, "Eleventh Five-Year Plan" has been Jingtang Port Development Zone, located in coal chemical industry base, G to focus on building Kailuan regional recycling economy and green coal chemical industry park, in the deep processing of coal tar, crude benzene refining and other aspects of the in-depth, full research and demonstration; of these, the proposed 30 million ton / year coal tar processing project to large-scale, good returns , equipment and advanced technology has been listed as key construction projects in Hebei Province, has made the relevant departments on record, and the EIA approval; crude benzene refining project preparatory work has started. With the "transformation" of the extension of coal chemical industry park's green policy advantages, location advantages, transportation advantages, market advantages and product advantages of the growth in demand will be more reflected. National Development and Reform Commission issued "on the strengthening of coal chemical project management, and promoting the healthy development of industry, to inform", "notification" of the different effects on different enterprises, but have a comparative advantage to a variety of resources, comprehensive utilization of coal chemical industry development and extension of the green shares of the industrial chain Kailan [it will be a major opportunity!
In addition, the company is a major fat coal bases in China, with Asia's largest mixed-wells, the main products are coking coal, in the current classification standards in China's coal, fat coal has been used as a typical example. China's coal economy can develop in the remaining recoverable reserves, fat coal reserves of less than 4%, the scarcity of coal resources in coal, and 600,997 shares are resource endowments Kailuan prominent, fat coal reserves are abundant, and with the scale of mining and processing capacity . Fat coal company's current proved reserves of the economic base of 700.21 million tons, the actual recoverable reserves of 478.93 million tons, accounting for 10.89% fat coal reserves, the remaining 61.7 years of life can be mined, there are obvious advantages of the continued exploitation. In addition, the company's current production of fat coal accounts for about 6% of fat coal production and, therefore, has great geographical advantages. Because fat coal and metallurgical coke smelting is an indispensable basis for the process of blending, is the ideal coking chemical industry raw materials and an excellent reputation at home and abroad resources, known as "industrial monosodium glutamate," said, so the company in the production of fat coal on the advantage of their monopoly of coal enterprises in the future will become the king, promising!
With the fat coal, there is engaged in the green coal chemical industrial chain of capital. Gestation when the rebound in oil prices, as a leader in Beijing Coal Chemical Industry Development Zone, Tang Hong Kong Kailan shares (600,997) apparently have a "key area of development of new energy" of the double advantage that its crawling sideways at the bottom a few months The price trend is clearly incompatible with the late most likely staged, "How long horizontal vertical how high" the feat, it is worth attention!
