Featured Research

from universities, journals, and other organizations

Coal Reemerges As Important Raw Material In Chemical Manufacturing Industry

Date:
March 19, 2008
Source:
American Chemical Society
Summary:
With oil prices hovering around $100 per barrel, coal is reemerging as a key raw material in the manufacture of the basic chemical materials used to make plastics, fertilizers, and hundreds of other products, according to an article in Chemical & Engineering News.

With oil prices hovering around $100 per barrel, coal is reemerging as a key raw material in the manufacture of the basic chemical materials used to make plastics, fertilizers, and hundreds of other products, according to an article scheduled for the March 17 issue of Chemical & Engineering News.

The article, "The New Black" written jointly by C&EN Senior Editor Alex Tullo and Hong Kong-based senior correspondent Jean-Francois Tremblay, notes that coal has been used in the chemical manufacturing industry since the 19th century.

Over the years, oil and natural gas gradually eclipsed coal to become the raw materials of choice for manufacturing a wide range of high-volume chemicals. But these days, the high prices of oil and natural gas have given coal -- which costs a fraction of the price of crude oil -- a substantial cost advantage, the article notes.

Coal's potential as a raw material is greatest in China, the United States, and India, the article points out. These countries have about half the world's coal reserves. Coal can be transformed into a gas and subsequently into basic chemical ingredients like ethylene and propylene that are used in the manufacture of hundreds of products, according to the article.

Coal "is a relatively cheap feedstock," declares one expert cited in the article. "It certainly has the ability to compete in today's world."


Story Source:

The above story is based on materials provided by American Chemical Society. Note: Materials may be edited for content and length.


Cite This Page:

American Chemical Society. "Coal Reemerges As Important Raw Material In Chemical Manufacturing Industry." ScienceDaily. ScienceDaily, 19 March 2008. <www.sciencedaily.com/releases/2008/03/080317113734.htm>.
American Chemical Society. (2008, March 19). Coal Reemerges As Important Raw Material In Chemical Manufacturing Industry. ScienceDaily. Retrieved July 25, 2014 from www.sciencedaily.com/releases/2008/03/080317113734.htm
American Chemical Society. "Coal Reemerges As Important Raw Material In Chemical Manufacturing Industry." ScienceDaily. www.sciencedaily.com/releases/2008/03/080317113734.htm (accessed July 25, 2014).

Share This




More Matter & Energy News

Friday, July 25, 2014

Featured Research

from universities, journals, and other organizations


Featured Videos

from AP, Reuters, AFP, and other news services

TSA Administrator on Politics and Flight Bans

TSA Administrator on Politics and Flight Bans

AP (July 24, 2014) TSA administrator, John Pistole's took part in the Aspen Security Forum 2014, where he answered questions on lifting of the ban on flights into Israel's Tel Aviv airport and whether politics played a role in lifting the ban. (July 24) Video provided by AP
Powered by NewsLook.com
Creative Makeovers for Ugly Cellphone Towers

Creative Makeovers for Ugly Cellphone Towers

AP (July 24, 2014) Mobile phone companies and communities across the country are going to new lengths to disguise those unsightly cellphone towers. From a church bell tower to a flagpole, even a pencil, some towers are trying to make a point. (July 24) Video provided by AP
Powered by NewsLook.com
Algonquin Power Goes Activist on Its Target Gas Natural

Algonquin Power Goes Activist on Its Target Gas Natural

TheStreet (July 23, 2014) When The Deal's Amanda Levin exclusively reported that Gas Natural had been talking to potential suitors, the Ohio company responded with a flat denial, claiming its board had not talked to anyone about a possible sale. Lo and behold, Canadian utility Algonquin Power and Utilities not only had approached the company, but it did it three times. Its last offer was for $13 per share as Gas Natural's was trading at a 60-day moving average of about $12.50 per share. Now Algonquin, which has a 4.9% stake in Gas Natural, has taken its case to shareholders, calling on them to back its proposals or, possibly, a change in the target's board. Video provided by TheStreet
Powered by NewsLook.com
Robot Parking Valet Creates Stress-Free Travel

Robot Parking Valet Creates Stress-Free Travel

AP (July 23, 2014) 'Ray' the robotic parking valet at Dusseldorf Airport in Germany lets travelers to avoid the hassle of finding a parking spot before heading to the check-in desk. (July 23) Video provided by AP
Powered by NewsLook.com

Search ScienceDaily

Number of stories in archives: 140,361

Find with keyword(s):
Enter a keyword or phrase to search ScienceDaily for related topics and research stories.

Save/Print:
Share:

Breaking News:
from the past week

In Other News

... from NewsDaily.com

Science News

    Health News

      Environment News

        Technology News



          Save/Print:
          Share:

          Free Subscriptions


          Get the latest science news with ScienceDaily's free email newsletters, updated daily and weekly. Or view hourly updated newsfeeds in your RSS reader:

          Get Social & Mobile


          Keep up to date with the latest news from ScienceDaily via social networks and mobile apps:

          Have Feedback?


          Tell us what you think of ScienceDaily -- we welcome both positive and negative comments. Have any problems using the site? Questions?
          Mobile: iPhone Android Web
          Follow: Facebook Twitter Google+
          Subscribe: RSS Feeds Email Newsletters
          Latest Headlines Health & Medicine Mind & Brain Space & Time Matter & Energy Computers & Math Plants & Animals Earth & Climate Fossils & Ruins