tera gold such as - LGJ

Hua Luheng rise: a new way of coal chemical industry initiative Investment Essentials based on gasification of coal chemical industry mixer, notable company industry comparative advantages by virtue of coal gasification technology development and expansion of leading enterprises of chemical industry, mainly includes 1.5 million tons of urea, 250,000 tons of production capacity of acetic acid, DMF, 500,000 tons of 60,000 tons of trimethylamine. Company introduction of gasification furnace technology and deep knowledge of the field of application is the core competitiveness of and, Shenhua coal in raw material supply areas and China signed a long-term cooperation agreement, guaranteed prices, special trains for coal company expense control ability, high efficiency (this year's target is selling and administrative expenses per cent do not grow): technology, raw materials and management of significant comparative advantages laid the company's leadership in the industry. Urea products, for example, the companyCompared with the industry average has a cost advantage of $ 3-400. Traditional business pressures increased, costs to upgrade industrial break through the recent, urea prices by demand and marginal cost push factors, such as, $ 2,060 urea prices from the beginning of the company rose to its current $ 2,260, company earnings to improve. But demand for credit, such asEffect, the chemical industry as a whole, including the coal chemical industry slightly chill; in the long run, although the cost advantages, but traditional coal chemical industry gradually excess capacity, pressure is expected to grow year by year. Company cost advantages on the one hand to ensure sustained profitability in an existing area, on the other hand the positive towards new coal chemical industry such as DMF, adipic acid, ethylene glycol tera power leveling, to knotFrame upgrade, achieving industry breakthrough. 160,000 tons of adipic acid plant of the company recently successfully put into production. Corporate planning, urea accounted for in income than by 2015 from the current 40% per cent drop to around 25%. Diversified, high end will be the main direction of the company's future growth. Raising investment projects to break the bottleneck of synthesis gas tera gold, new materials for future planning all along,Company subject to synthesis gas supply capacity tera power leveling, unit load long failed to improve. Raising investment and project construction of acetic acid production capacity on the one hand, more importantly company from synthesis gas supply capacity increased dramatically to more than 1 million tons to 2 million tons. Total new capacity of two 4-bed Gasifier, there are now two have basically have the feeding conditions, phase II before two grades are expected to achieveProduction. Syngas bottleneck after the break, companies can significantly improve the capacity load, integrated unit costs down even further. In the long run, companies will develop a plan as a "new material", positive development of DMF, adipic acid, ethylene glycol and acetic acid (we will go further downstream in the future is expected) new coal chemical products, industry leading suppliers. Coal production of ethylene glycolBreaking through the gate, once the successful market capitalisation significantly thickened coal technology of ethylene glycol with Shanghai e, 50,000 tons of equipment currently has entered the linkage trial run, planned for the end of April beginning of May about feeding, now coal of ethylene glycol technology break through a gate near. Based on successful experience in coal chemical industry over the years, the company's final breakthrough with greater confidence in the coal technology of ethylene glycol�� We believe that the company plant high quality of raw materials, less impurities; company in the field of coal chemical industry experienced, team design, construction, and operation ability; moderate 50,000 tons of equipment as the first industrial laboratory scale, run the risk is low. Integrated, coal companies successfully breaking through the higher probability of ethylene glycol. We are in the preliminary report of the coal production of ethylene glycol: polyester industry chainRaised in the last fortress of the middle of, once a company successfully achieved a breakthrough, are considered company (Dan coal technology of ethylene glycol is expected to contribute to the company a market value of around 10 billion), thickening of the company will be worth $ 7.5 billion, equivalent to the current market value of nearly 90%. Investment recommendations and ratings we expected earnings per share of 2012-14 0.48, 0.60And $ 0.72, 12 years of traditional business valuation of 15 times, reasonable price for $ 7.2; If hualu glycol test success, consider the problem of industrial progress, the glycol corresponds to the market value at about $ 7.5 billion, corresponding to each stock at $ 7.8, hualu glycol test successful, the reasonable price of about $ 15, and traditional business performanceProtection, company annual report 12-year income of $ 7.5 billion is expected, PS 1, thus defending both the company and give the company a "buy" rating. Others:

• tera gold buy discount up to 97 percent - XTF
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