Where the money Ichigu made from the production went, no one knew better than these directors.Since the 1980s, the Japanese economy has been out of touch, real estate, stocks and other financial derivatives have become the target of the people, who is still interested in the meager profits of the industry?

Ikegu production all the technical advantages, as well as brand advantages, these years in the international market can maintain a certain share, although the profit margin can not be compared with the past, but the annual net profit is still very considerable.But only a small fraction of these net profits were used to update equipment and develop technology, and most of them were required by the directors to pay dividends to shareholders, and then became stocks and real estate.

After the stock market crash in the early 1990s, Japan's stock market and housing market are sluggish, but the more depressed it is, the more speculators will have to smash their money in, hoping to have a chance to turn the market upside down and let them recover all their previous losses.The whole society is becoming more and more impetuous, all walks of life are falsified, the high-level elite knows that the Japanese economy is on the crater, perhaps that day the volcano eruption, the whole of Japan will be finished.With such a mentality, they are more reluctant to make long-term investment, just thinking that there is wine and drunk this morning, as for what will happen in the future, who cares?

Tian Xiongzhe also took over as technical director with the ambition of achieving a career, and developed a technical research program for the 21st century at the beginning of his tenure, and then rushed to the board to apply for grants.The board of directors appreciated his plan, and Takai Haoshi also praised him specifically, telling him to do a good job and compete for the company.But when Tian Xiongzhe also asked about the funds needed for research and development, Takai Haosi began to play haha, Yunshan fog cover said a bunch, the core of the two words: no money!

Ichigu Production Institute certainly does not have a penny or invested in research and development, in fact, every year into research and development experience is tens of millions of dollars, can do a lot of things.But compared with Tian Xiongzhe's goal, this money is almost a cup of water, to no avail.

The coal-to-oil project is an important project that Tian Xiongzhe has also proposed to the company, and Tian Xiongzhe also believes that this technology is enough to maintain the company's profit growth for 20 years.Takai Hao Shi asked Uchida Yoo to make an assessment from the perspective of the market, and Uchida also believes that this is a very promising direction, because oil resources are increasingly depleted, and the rise in global oil prices is an inevitable trend.Once oil prices break through a certain threshold, coal-to-oil will become a solution for many countries to replace oil.Whoever can master advanced coal-to-oil technology first will be able to win this huge market.

After listening carefully to the reports of the Technology Department and the Marketing Department, the Board agreed to make coal-to-oil technology a key research project in Ikegu Productions, and in the past five years, it has invested $500 million in development, compared to other technologies.Tian Xiongzhe also has a high-esteem, with his staff to break through a lot of technical obstacles, put forward a new set of technology routes, only waiting to be perfected can be put on the market.

According to Tian Xiongzhe's calculations, the cost of synthetic gasoline produced by this process can be controlled at the level of 800 US dollars per ton, which is 20% lower than the current cost of about $1,000 per international counterparts.Tian Xiongzhe also has to look at the international market oil prices every morning when he goes to the office, and no one expects the oil price to rise more than him.As long as oil prices rise to $60 a barrel, his craft is qualified to compete with refined refined oil.

As Gallard told Bradman, the introduction of coal-to-oil technology in some countries is not limited to considering the price difference between it and petroleum refining, but also to the energy security benefits of adding a source of refined oil, and the resulting bargaining power with OPEC.From these considerations, the coal-to-oil of $800 per tonne is somewhat economical.

With the gradual end of coal-to-oil technology research and development, the shareholders of Ikea Productions have also ignited some hope, or some wild hope.They hope that the coal-to-oil process will bring some good news to Ikei Valley, which will take Ikea's stock to a new level.As the news within the company has been leaked, Ikei Valley's stock has maintained a continuous upward trend for nearly a year.

All of this was reversed after a news report from China was reprinted by the local Japanese media.In the past two weeks, Ikegu's stock has fallen by nearly 20%, and the capital market has questioned Ikegu Productions, hoping that the high-level executives of Ikea Manufacturing Institute will come out to comment on this matter, indicating what kind of impact the Chinese technological breakthroughs will have on Ikei Valley Production, and what is the way to deal with it.Many shareholders hold shares in their hands and wonder if they want to sell them out, because the technology of coal-to-oil is still more complicated, and ordinary people do not know what conflicts between Chinese technology and Ikegu technology.

Tian Xiongzhe is also one of the few people who understand.In fact, as early as a year or two ago, he has been concerned about the progress of his Chinese counterparts in this field, because the new technology developed by the Chinese side is to apply for patents in a timely manner, and Tian Xiongzhe can judge where to go as long as he pays attention to the application of relevant patents.

Judging from the patents applied by his Chinese counterparts, Tian Xiuzhe also knew that Ikei's movements were somewhat slow, and the Chinese people had already walked in front of Ikei Valley.The technology accumulation of Ikegu Manufacturing Institute is more profound than that of Chinese enterprises, but in recent years, the Chinese have introduced technology through digestion and absorption, coupled with independent research and development, and have caught up, followed behind the Ikei Valley Manufacturing Institute that is a few steps away.

In the coal-to-oil project, China's investment is several times more than Ichigu production, which is not only reflected in capital investment, but also in human input.China Equipment Industry Co., Ltd. organized a national technical research, mobilized more than a dozen large petrochemical equipment enterprises and dozens of chemical design institutes, universities and other units of scientific researchers, division of labor and cooperation, to promote.Ikea Productions can only mobilize its own technical strength, coupled with a small amount of outsourcing collaboration.

Industry is neither easy nor difficult.

It is not easy to say, because there is less to do, theory, technology, equipment, etc., indispensable, nothing, less anything, industrial technology can not get out.

It is not difficult to say, because as long as you are willing to throw money in it, there is no technical difficulty that cannot be broken.Some people say that the core technology can not master, it seems that there are some superhuman in the world, can do things that ordinary people can not do.In fact, all technology is made by people, Westerners are people, Orientals are people, Westerners can develop technology, and there is no reason for Orientals to develop.

China has many shortcomings in technology in the past, and many of its know-how are in the hands of foreigners, not because Chinese people are less energetic than foreigners, but simply because the foundation is weak, coupled with the country being too poor and not enough money to invest.Now that China is rich, more than 20 billion yuan, or $3 billion, has been invested in a project, and progress is reasonable faster than Ikea.

Tian Xiongzhe also reported to Takai Haoshi after noting China's progress.Takai Haosi instructed Uchida to find someone to spy on the inside, and Uchida Yu found two Chinese who had worked in the China Petrochemical Design Institute and later left to return to Japan, named Ge Tao and Jiu Jing.The latter's original name was Yang Qianxiao, and after marrying a Japanese man with the surname Jiu Jing at a lightning speed, her name changed to the present.

After receiving the task of Uchida, Ge Tao and Niu Jing returned to Beijing in the name of returning to visit relatives, visited some colleagues in the year, and clicked to know about the progress of the coal-to-oil project.According to these colleagues, China Equipment Industry Company is the leader of this project, Petrochemical Design Institute has undertaken a considerable part of the core process research work and made some progress, and some of the patents currently applied for internationally are their research results.

"But..." during the dinner with the winewell, the engineer of the Petrochemical Design Institute Lin Danyan said mysteriously: "Qianxia, you have been in the country, you also know, these things are face engineering, is to make the leader's face look good."We know ourselves that these processes simply cannot be achieved, and the best result is that we use these patents to cooperate with foreign companies and use people's technology to make it."

"How is that possible?"I've seen the patents we've applied for, and I think the design is very rigorous, and there's a lot of innovation in theory."The wine said.She also came from this line, and before she left Japan, Tian Xiuzhe also had some discussions with them, so she was able to say some sermons.

Lin Danyan said: "That is of course, the people on the equipment company side are also very understanding, if we do not come up with a little fame, how can we deal with them in the past?"However, theory is theory, the process can not be achieved, everything is false.Like what kind of high-pressure container manufacturing, acid- and alkali-resistant valves, seals ah, that is not a big problem?These problems cannot be solved, and the coal-to-oil device is made, and dreamt."

“You think, when will our country be able to build this device?”The wine asked.

Our country?Lin Danyan glanced at the wine well, heart, you have the name of Jiu Jing, what qualifications do you have to say "our country" these four words?What about China, what about you?

Although she thought so in her heart, she remembered the orders of Feng Xiaochen, general manager of the equipment company, and Zhou Ting, president of the design institute, so she showed a disdainful expression and replied: "I estimate, at least it will take ten years."By then I'll be retired, and I'd like you, to find a country to enjoy life abroad."