DUBLIN, Ireland--(Business Wire)--
Research and Markets
(http://www.researchandmarkets.com/reports/c93308) has announced the
addition of "China Desulphurization Industry Report, 2007-2008" to
their offering.
In the recent years, China has been on the top of the world in
terms of sulfur dioxide emission, which has surpassed 20 million tons
annually for a few years consecutively. Of which, nearly half of the
emissions were from coal-fired power plants. During the Tenth
Five-Year Plan period (2001-2005), China not only failed to hit its
target to cut the emissions by 20%, but also actually increased the
emissions by 27%, making the environment protection target the only
national economic assessment indicator that China missed.
In 2007, the total capacity of contracted projects of
desulphurization companies was 374 million kw, of which 208 million kw
was put into operation. Limestone--gypsum wet desulphurization was the
most widely used method by desulphurization companies. In addition,
flue gas desulphurization-based circulating fluidized bed was also
used to a certain extent.
As the market has experienced full competition, so the competition
pattern has basically formed. In addition, localization rate of
desulphurization equipment are constantly increasing. Therefore, we
believe that although gross profit margin will fall in tandem with the
drop in project quotes in the future, the fall won't be big. We
predict that the gross profit margin of the industry will hover at the
level ranging 15% to 20%.
At the end of March of 2007, the National Development and Reform
Commission and Ministry of Environment Protection jointly issued the
11th Five-Year Plan for SO2 Pollution Control of Existing Coal-fired
Power Plants. According to the plan, existing coal-fired power plants
will cut their SO2 emission by 61.4% on 2005 basis.
In the light with the plan, China's existing coal-fired power
plants are required to install
flue gas desulphurization units with a total capacity of 137
million kw, covering 221 projects, which will reduce 4.9 million tons
of SO2 emission.
Along with other measures, such as elimination of outdated
production facilities, use of low sulfur content coal, energy-saving
and emission reduction, it is forecast that SO2 emission of existing
coal-fired power plants will reduce to 5.02 million tons in 2010 from
13 million tons posted in 2005, representing a fall of 61.4 percent.
According to Several Opinions Regarding Acceleration of Shutting
Down Small Thermal Power Generating Units, newly-built coal-fired
generating units must be simultaneously accompanied with the
construction of high-efficiency desulphurization and dust removal
facilities. Except small thermal power plants to be shut down, power
plants with a capacity of 135,000 kw per unit in service should
complete the renovation of their desulphurization facilities as soon
as possible. Coal-fired generating units, which have installed
desulphurization units but have failed to meet emission standards,
will not enjoy the favorable tariff for desulphurized generating
units.
Thermal power industry is the major sources of SO2 emission. The
enforcement of the plan will play a decisive role in achieving the
binding targets to cut SO2 emission by 10% and improving the quality
of atmospheric environment in China.
According to the plan, existing coal-fired power plants will
install flue gas desulphurization units with a total capacity of 137
million kw. Supposing that the desulphurization projects need a
capital input of CNY200 per kw, China's desulphurization market in the
next few years will reach CNY27.4 billion.
Companies Mentioned:
-Beijing Guodian Longyuan Environment Protection Engineering Co.,
Ltd
-Wuhan Kaidi Electric Power Environmental Co., Ltd.
-Beijing Bootes Electric Power Science & Technology Co., Ltd
-China Power Investment Corporation Yuanda
Environmental-Protection Engineering Co.,Ltd.
-Zhejiang Tiandi Environmental Protection Engineering Co.,Ltd
-Jiangsu Suyuan Environmental Protection Engineering Co., Ltd
-China Huadian Engineering Co., Ltd
-GEE
-Beijing SPC Environment Protection Tech Co., Ltd
For more information, visit
http://www.researchandmarkets.com/reports/c93308
Research and Markets
Laura Wood, Senior Manager
Fax: +353 1 4100 980
press@researchandmarkets.com
Copyright Business Wire 2008
