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成本制胜!烯烃产业种子选手,先进工艺弯道超车,毛利率全线领先,“复制粘贴”加速扩张
STLSTL(SZ:002648) 市值风云·2025-06-06 10:03

Group 1 - The core viewpoint of the article highlights the continuous expansion of advantageous production capacity, with market share reaching one-third [1] - The production of olefins is an important indicator of a country's chemical industry development level [3] - The article discusses the cost advantages of the gas-based route for producing light olefins like ethylene and propylene, represented by companies like Satellite Chemical [3] Group 2 - The coal-based routes, such as Coal-to-Olefins (CTO) and Methanol-to-Olefins (MTO), are becoming increasingly significant in China's olefin production due to the country's resource endowment of abundant coal and limited oil and gas [6] - The article emphasizes the advantages of the coal-based route in the context of recent international trade dynamics and the sustained low coal prices since 2023, suggesting that if the coal-based route can maintain cost advantages similar to the gas-based route, it would be ideal [6]