Industry Hot News No.66——13 May 2022

[Hydrogen Energy] China Energy Builds the First Domestic Hydrogen Refuelling Research Demonstration Station for Heavy-Haul Railway

Recently, Guohua Investment Mengxi Company, a subsidiary of China Energy, has built the first domestic hydrogen refuelling research demonstration station for heavy-haul railway, where hydrogen refuelling can be fulfilled. This station will provide the hydrogen energy for the first domestic high-capacity hydrogen shunting locomotive and the first “zero-emission” catenary operation vehicle powered by “hydrogen fuel cell + lithium power battery” in China.

Key points: Guohua Investment (Hydrogen Energy Company), a subsidiary of China Energy, represents China’s professional platform for new energy and a core platform for the development of hydrogen energy. The company has been actively building a “green hydrogen supply chain” based on “an integration of wind, solar and hydrogen storage”.

[Policy] The “14th Five-Year Plan” for Bioeconomic Development Has Been Released

The Plan proposes to focus on the development of biomedicine, bio-agriculture and green and low-carbon biomass substitutes during the 14th Five-Year period to strengthen the construction of national biosafety risk prevention, control and governance systems. With the support of biotechnology, bioeconomy directly serves people's basic needs. It is expected that the scale of the industry will reach 40 trillion yuan in the future, more than 10 times that of the information economy, and will become the next economic growth point.

Key points: At present, biomedicine, bio-agriculture and bioresources in the bioeconomy have a certain industrial base and relatively large volumes. With the larger role of new technologies, they will develop faster under the support of industrial policies.

[Energy Storage] Temperature-controlled Energy Storage Market Blooms with Trend; Leading Enterprises Grasp Opportunity to Create Important Growth Pole

Since 2021, global energy prices have been climbing, and the economics of overseas user-side energy storage has become prominent. It is predicted that in 2025, the global new energy storage installation will be 300GWh, mainly powered by lithium battery. The temperature control system is an important link to ensure the smooth operation of lithium battery storage. At present, the energy storage and temperature control technology mainly consists of air and liquid cooling. Heat pipe and phase change are in the research stage. According to the energy storage installed scale, the temperature-controlled energy storage market will exceed 13 billion yuan, with an average annual growth rate of nearly 100% from 2022 to 2025.

Key points: Temperature-controlled energy storage is very crucial to the safety and reliability of the energy storage system. Its small stock and rapid growth are an important growth pole of the temperature control industry. The “customization + standardization” maintains Envicool’s leading position in the medium and long term.

[Aluminium Processing] Another Domestic Super-Large Aluminium Extrusion Line Is Put Into Operation

This 200MN (20,000T) extrusion production line is put into operation in Sanshui base of Guangdong Fenglv Aluminium, producing profiles with a cross-section of 1,000X400m and tubes with a maximum outer diameter of 700m. This realizes the integrated formation of high-end industrial materials with high performance and large cross-section, and significantly improves the comprehensive utilization rate of aluminum profiles, providing a “one-stop” efficient solution for the lightweight, high precision and diversified development of high-end industrial materials. China approximately has 70% of the world's large extruders of aluminium profiles, but the overall equipment utilization rate is low.

Key points: An extrusion machine with a ≧45W extrusion force is usually called a large one. Today, China has 180 large extruders of aluminium profiles in China and 9 super-large-tonnage extruders, mainly manufactured by SMS Meer, a German company, and Taiyuan Heavy Industry Co., Ltd.

[Papermaking] Domestic Paper Enterprises “Shut Down + Increase Prices” in Response to Rising Costs

In 2022, the supply side events continue to occur in major international pulp producers and domestic pulp prices have remained high and volatile for 15 weeks. In response to this surge in costs, a number of paper enterprises were forced to “shut down and increase prices”: Shanying International Holdings Co., Ltd. and Nine Dragons Paper (Holdings) Limited have issued letters of shutdown respectively since March, and a number of paper enterprises have announced the increased prices of their paper products.

Key points: The timber trade between Russia and Europe has been interrupted, and the production capacity of pulp producers in Denmark and Norway has been adversely affected. Plus, May to July is a traditional offseason for the paper industry, but research institutions expect pulp prices to remain high in the future with limited downward space.

The above information is from public media and is for reference only.