Recently, our group's Northeast Asia partners arrived in our group and signed a technical agreement to jointly develop coal-based diesel production. With the continuous development of the economy, China's demand for oil is getting higher and higher. Among the reserves of energy and mineral resources available in China, coal accounts for 97% and oil and gas accounts for less than 3%. With the continuous adjustment of the energy consumption structure, it is expected that by 2030, oil and gas demand will account for more than 30%, and external dependence will continue to increase. Supporting 30% of the energy consumption structure of oil and gas with a 3% energy resource structure is neither safe nor sustainable. Cleanly utilizing coal and developing coal-based oil and gas replacement is a strategic choice for China's energy supply security.

The coal-to-liquid technology was born in the early 20th century and is mainly divided into direct liquefaction and indirect liquefaction according to the method.

Our partner with Northeast Asia analyzed in detail the cost structure of coal-to-liquids and the composition of taxes and fees, and discussed the impact of taxes and fees on coal-to-liquids companies. The content of coal chemical development can be summarized into four points: controlling production capacity, upgrading demonstration, developing technology and construction priorities, which is also the future development direction of China's coal-to-liquids projects.

The refined oil consumption tax refers to the consumption tax paid by consumers when they consume seven kinds of refined oils such as gasoline, diesel, naphtha, solvent oil, aviation kerosene, lubricating oil and fuel oil. Consumption tax collection mainly considers the rational use of resources, environmental protection and prevention of excessive consumption. The current consumption tax policy is based on the characteristics of China's "poor oil" resources, based on the formulation of petroleum refining and chemical enterprises, mainly for crude oil.

Based on changes in international crude oil prices, the refined oil consumption tax will also be adjusted appropriately. When high oil prices, the country stabilizes refined oil prices, stabilizes the national economy, prevents economic downturn, and cuts consumption tax. When low oil prices, the state raises consumption tax appropriately to prevent excessive consumption and pollute the environment. The price of refined oil is linked with the price of crude oil. Therefore, under any circumstances, petroleum refining enterprises can guarantee a certain profit margin, and the adjustment of consumption tax does not have a big impact on their profits. However, when there is a structural change in the refined oil market, the refined oil consumption tax is not applicable to other oils other than crude oil. For example, the profit of coal-to-liquids enterprises is completely opposite to the price pricing mechanism of domestic refined oil products, and the adjustment of national consumption tax is reversed. In high times, coal-to-liquids companies have high profits and low consumption taxes. When international oil prices are low, coal-to-liquids companies are also liable for high-value consumption taxes, which makes enterprises difficult to survive. The national consumption tax policy does not apply to the normal development of the coal-to-liquids industry.

The cost of coal-to-liquid products includes production costs, cost of sales, management costs, taxes and fees, financial costs and others. The production costs in this paper only include raw coal and fuel coal. Water, electricity and workers' wage depreciation are included in financial expenses and other The tax and fee costs include consumption tax.

China is rich in coal resources and relatively scarce in oil and gas resources. Higher oil and gas dependence is neither safe nor sustainable. The development of coal-to-liquids as a supplement to conventional oil and gas is a strategic choice for China's energy supply security. On this basis, coal-to-liquids enterprises have certain market competitiveness, which can not only digest excess coal production capacity, but also develop clean utilization of coal resources and promote the transformation and upgrading of the coal industry.

In the difficult period of the coal-to-liquids industry, many coal chemical enterprises have reduced the investment in environmental protection facilities in order to reduce costs, resulting in the surrounding environment being affected. As an emerging industry for clean coal utilization, some groups have been questioned. Our group said that it should focus on strengthening environmental protection investment and management. To set an example for the clean utilization of coal, we should earnestly grasp the requirements of the 13th Five-Year Plan for Energy Development, focus on future development, and start from the clean coal utilization and high-tech product research and development to improve the sustainable competitiveness of the industry.

In recent years, China's coal-to-liquids industry has achieved many results in terms of “quality”, such as automotive oils superior to the national V standard, and military special fuels such as aviation and ships, with ultra-low sulfur, low aromatics, and high sixteen. The characteristics of the alkane are coal-based diesel and the like. These products can greatly reduce the emission of pollutants such as sulfur dioxide, nitrogen oxides, hydrocarbons and particulate matter, in line with the theme of "high-precision" and clean utilization of coal.