Large-scale domestic biodiesel companies have huge and broad market prospects for biofuel application
Large-scale domestic biodiesel companies have huge and broad market prospects for biofuel application. According to market feedback, large-scale domestic biodiesel companies currently have huge and broad market prospects for biofuel applications in overseas markets!Huge market gains will occur from 2024 to 2029!According to reliable data analysis 11688.jpg 1188.jpg Excellence New Energy (688196) The company's total operating income in the first three quarters of 2023 was 2.538 billion yuan, a year-on-year decrease of 29.99%, and the net profit attributable to the parent company was 153 million yuan, a year-on-year decrease of 64.42%.The main reason for the decline in the company's performance is that in 2023, affected by the economic recession, the decline in commodity prices, especially the price of oils, and the sharp fluctuations in the period, the export price of biodiesel has dropped significantly compared with 2022; at the same time, it has been affected by the EU's traceability of biodiesel exports to China. The investigation has caused European buyers to lower their purchasing intentions, and the company's business has also been affected to a certain extent.The domestic biodiesel manufacturer with the largest production and sales has formed an industrial layout of "biomass energy and chemical integration".The company's product structure is mainly divided into two major sectors: bioenergy and bio-based materials.In the bioenergy sector, the company produces biodiesel from waste oil resources, which is recognized as a green and clean fuel and is mainly used in transportation power fuel, chemical materials and other fields.At present, the company's annual biodiesel production capacity is 500,000 tons.In the bio-based materials segment, the company produces environmentally friendly alkyd resins, industrial glycerin, bioester plasticizers and other products, which can effectively replace the application of traditional petroleum-based materials and are the highlights of future green and low-carbon economic growth.The existing combined annual production capacity is 90,000 tons.Biodiesel technology is constantly changing and developing, and the company has obvious advantages in scientific research and technology.The company continues to increase investment in scientific research around the "biomass energy integration" industrial layout, and has formed a series of industry-leading core technologies. Through production stability, product quality, efficient conversion of resources, safe and clean production, automated control, etc. In terms of technological innovation, the company's waste oil methyl esterification conversion rate reaches 99%, and the yield of high-quality biodiesel products is higher than 90%. The industrial chain based on the development and application of waste oils and biodiesel is constantly enriched, and the added value of products and waste oils are The comprehensive utilization rate continues to improve, and the overall technology is at the leading level in the industry.The application prospects of biological ship fuel are broad, and the new project work is progressing as scheduled.Europe has officially included the shipping industry into the EU ETS system on May 16, 2023, and will expand to the field of maritime emissions from 2024. Europe will gradually require ships entering European ports to use clean fuels such as biodiesel.Singapore, as the world's largest marine fuel bunkering port, has also introduced a biofuel bunkering plan.It is expected that biodiesel will show an accelerated development trend in the ship fuel market.In terms of project construction, the new project work is progressing as scheduled. The 200,000 tons/year hydrocarbon-based biodiesel (and biojet fuel) production line and the 50,000 tons/year natural fatty alcohol production line projects have completed the land exploration work, and long-term equipment has been ordered one after another. Promote project start preparations.The EU's annual biodiesel consumption has exceeded 15 million tons in recent years, and 90% of my country's biodiesel is sold to the EU every year. Therefore, accelerating the layout of the industrial chain is an inevitable trend for the rapid development of the market in the future, based on the analysis of reliable intelligence data.In the next 3 to 10 years, especially the market conditions in the Middle East, the uncertain situation in the Nordic market, and the current trend of local international struggles, the ship fuel and aviation fuel market is expected to experience a blowout in the past 3 to 10 years.Top 10 biodiesel in the country.jpg
