Daqing plans to build a new coal-to-olefins project with a capacity of 1.8 million tons

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This post was last edited by liaifeng on 2018-8-5 at 11:01. Daqing plans to build a new coal-to-olefins project with a capacity of 1.8 million tons. Author/Source: Date: 2017-09-25. Clicks: 62. The Daqing Municipal Party Committee and government have made thorough plans for the development of industries that utilize oil-based resources; building on Daqing’s resource advantages and industrial foundation, they formulated the \"Implementation Plan for Industries Utilizing Oil-Based Resources\" not long ago, and organized experts to conduct evaluations and improvements on it. And recently, it elevated the \"oil at the beginning and chemicals at the end\" approach to a provincial strategy. Daqing is an important national base for oil and petrochemical production, with a solid industrial foundation in processing oil into derivatives; however, there is still a significant gap between this foundation and the requirements of the key industries needed to drive the transformation, development, and comprehensive revitalization of Daqing. The Plan proposes to actively promote the transformation and upgrading of the petrochemical industry, using the approach of \"converting oil products into chemical products\" as a key strategy, in order to develop competitive pillar industries with regional characteristics. First, expand the “oil head”. With crude oil as the main source and residue oil and coal as supplements, focus will be placed on implementing six key projects: the expansion and upgrading of Daqing Petrochemical Company’s refinery with a capacity of 10 million tons, Daqing Lianyi’s 5.5 million tons per year heavy oil catalytic thermal cracking facility, Daqing Hegong’s 15 million tons per year facility for the clean utilization of coal in different forms, Kaideljin’s comprehensive utilization of distillates imported from Russia, an 800,000 tons per year facility for the comprehensive utilization of liquefied gas, and Daqing Hongwei Qinghua’s expansion of its heavy oil processing capacity to 1.5 million tons per year. The total planned investment for these projects is nearly 46 billion yuan. Second, refine the “end processing”. Three industrial clusters will be developed: one for chemical new materials on a million-ton scale, one for fine chemicals on a million-ton scale, and one for rubber and plastics on a 5 million-ton scale. Key projects include Daqing Gaoxin Xinghua Chemical’s 130,000 tons per year production of polycarbonate, 200,000 tons per year of ethylene-vinyl acetate copolymer, and 100,000 tons per year of isoprene rubber; Daqing Haoqing’s 100,000 tons per year production of polymethyl methacrylate; Daqing Gaoxin Lihua’s 200,000 tons per year production of carbon dioxide used for oil displacement; Daqing Huake’s 200,000 tons per year of comprehensive utilization of C5 and C9 compounds; Daqing Oilfield Chemical’s 30,000 tons per year production of DS series salt-resistant polymers; and Daqing Lianyi’s projects for producing millions of tons of polyolefins and polyesters. The total planned investment for these projects is nearly 29.2 billion yuan. At present, Daqing is carrying out feasibility studies and planning for projects such as the extraction of 18 million tons per year of Russian oil, the processing of 38 billion cubic meters per year of Russian gas, and the production of olefins from 1.8 million tons per year of coal-based methanol. The 300,000-ton/year C4 alkylation project at Daqing Refining & Chemical Company is under rapid construction, with efforts being made to expedite the approval processes for three additional projects: the production of high-grade aviation fuel at 360,000 tons/year along with related upgrades, an increase in paraffin production by 150,000 tons/year, and urea dewaxing capacity of 100,000 tons/year. The Plan specifies that from 2017 to the end of the 13th Five-Year Plan period, it will be the period for the completion and handover of key projects, while from the end of the 13th Five-Year Plan period to 2025, it will be the period for these key projects to begin operating and delivering benefits. Strive to have the facility approved as a **-level petrochemical industry base by 2018, becoming an important production site for ethylene and aromatics in the Northeast region, as well as the world’s largest production site for oilfield chemicals. By the end of the 13th Five-Year Plan period, the refining capacity would be 21.2 million tons per year, with an ethylene production volume of 1.77 million tons per year ； It is expected that an investment of 35 billion yuan will be made, resulting in sales revenue of 140 billion yuan; of this amount, 40 billion yuan will come from new sales, while 4.2 billion yuan will represent additional tax revenues. By 2025, the annual processing volume of crude oil will be 23.2 million tons, with an annual production of 6.63 million tons each of ethylene, propylene, p-xylene, basic lubricants, and ethylene glycol ； It is expected that an investment of 70 billion yuan will be made, resulting in sales revenue of 200 billion yuan; of this amount, the additional sales revenue and taxes generated will be over 100 billion yuan each ； The yield of refined oil has dropped from the current 59.9% to 46.6%, highlighting a structure characterized by \"small oil production and large-scale chemical manufacturing\".