Large Petrochemical Project Assembly! What Are The Purpose Of The Petrochemical Giant?

In recent years, enthusiasm for investment and refining projects in state-owned enterprises has cooled significantly, but enthusiasm for investment in private enterprises seems to be heating up gradually. Refining and chemical integration not only achieves the layout of polyester industry chain, but also improves the risk resisting ability of chemical enterprises, and effectively promotes the "win-win" effect of refining and chemical industry. In the near future, what refinery and chemical integration projects will be put into operation or will soon be put into operation? What are the impacts on the chemical fiber textile industry chain?


Progress in partial refining and chemical integration


Yulong Island refinery 40 million tons


Yulong Island refinery and chemical integration project entered the forefront of the people at the beginning of this year, and after the news broke out, it triggered widespread concern and discussion of the industry and public opinion. According to relevant media reports, the total production capacity of the Yulong Island refinery integration project is 40 million tons / year, the first phase of the project is designed to produce 20 million tons, and the planning and construction is 40 million tons / year, supporting ethylene 2 million 200 thousand tons / year, combined aromatics 6 million tons / year and the downstream industry chain project.


The project plans to complete the preliminary design this year, start construction next year, and strive for completion and commissioning in 2022.


Million tons of ethylene in Gure petrochemical


Since the start of construction in December 26, 2017, the joint venture between Mainland and Taiwan's largest petrochemical industry, Gure refining and chemical integration project, is advancing in accordance with the plan and moving towards the goal of completion and operation in June 30, 2020.


The total investment of the million tons of ethylene and downstream deep processing equipment is 23 billion 70 million yuan, and the construction site is located at Gure petrochemical base, Zhangzhou, Fujian. The scale of the project is 800 thousand tons / year steam cracking, 350 thousand tons / year aromatics extraction and 550 thousand tons / year cracking gasoline hydrogenation and other 11 sets of chemical installations.


Sun Yang Petrochemical 15 million tons


In August 13, 2019, the website of the Caofeidian government website released the "environmental impact statement report on the 15 million ton / year refining and chemical integration project of Tangshan sunyang Petrochemical Co., Ltd. (third publicity)". The public announcement time is 1 working days.


The main contents of the project include the formation of the crude oil processing capacity of 15 million tons / year through the new atmospheric and vacuum distillation unit. The capacity of the new aromatics unit PX reaches 2 million tons / year. The 1 million 200 thousand ton / year ethylene cracking unit and ethylene downstream deep processing equipment are built by using the light hydrocarbon, light naphtha and hydrocracking tail oil from the refinery and petrochemical subsidiary products, and public works and corresponding supporting facilities are built.


Sheng Hong refining and chemical integration


In January 15, 2019, the overall design of Sheng Hong refining and chemical integration project was held by the trade union, and the overall design of the project was officially launched. The project started construction in December 14, 2018 and is expected to be put into operation in 2021.


The main products of the project include 2 million 400 thousand ton / year VI gasoline, 2 million ton / year VI diesel, 1 million 500 thousand ton / year aviation fuel and other fuel oil, 2 million 800 thousand tons / year PX, ethylene and downstream chemical products.


What are the upper reaches of chemical fiber giants?


First, solve the bottleneck of PX raw materials. In the PX-PTA-PET- textile and apparel industry chain, PTA production capacity can be self-sufficient, but PX has maintained a high degree of import dependence, and more than 40% need to import. The development of chemical and fiber giants can meet the production needs of their own PTA, ensure stable and reliable supply, eliminate the environmental risks of Sinotrans PX, save energy, and maximize the goal of cleaner production.


Two, give full play to the advantages of integration. From the background of several new enterprises entering the refining and chemical industry, most of them are private-owned chemical enterprises which have deep-rooted advantages in a chemical industry. For example, Hengli Group has PTA- polyester spinning and firing integrated industrial chain, and has the largest PTA factory with the largest monomer production capacity in the world. They invest in refinery projects and have good interaction with existing industries.


Three, the policy of accelerating the opening up of the country may also be one of the reasons to stimulate private capital to try to enter the refining and chemical sector. Although the current refining and petrochemical market is low and energy consumption is excessive, on the other hand, the cost of raw materials such as steel for construction of refineries is low, and the energy market is changing rapidly. It is also a good way for private enterprises to enter the petrochemical field with the current low investment to occupy the upstream market.