Thread Content
On the morning of March 28, the construction of the main structure of the first unit in the Power Center Support Project (Phase I) of the Zhoushan Green Petrochemical Base – China’s first oil refining project controlled by private capital and constructed by China Energy Engineering Group Zhejiang Thermal Power – officially commenced. It is reported that Zhejiang Thermal Power has won the bid to undertake the utility work for the first phase of Zhejiang Petrochemical Co., Ltd.’s integrated oil refining and chemical processing project, which involves a capacity of 40 million tons per year. This includes the installation work for Section 4 (the cogeneration project that provides supporting services); 7 new generator sets will be installed, along with desulfurization and denitrification facilities as well as auxiliary facilities for the coal storage area. The aim is to ensure a reliable supply of steam, electricity, and demineralized water for this integrated project. Utility systems mainly include tank farms, pipe galleries, water supply and drainage systems, air separation and air compression units, and flares.
China has an overcapacity in oil refining; it’s unclear what will happen in the future.
The first privately-owned-controlled one? ? What does this sentence mean? ? ? There are over a hundred local refining enterprises in Shandong, most of which are privately owned.
Oh, that’s easy to do – an executive order can have you shut down. Just like steel and coal. If people disagree, then a document can be issued stating that facilities with a processing capacity of less than a certain number of ten thousand tons per unit cannot operate. Of course, there are strong reasons for this: energy conservation and emission reduction, lowering pollution, reducing fog, improving efficiency, and cutting carbon dioxide emissions, among others. . . .
It’s now the era of speed
CNPC 7th Construction seems to have won a contract for a project in Zhejiang’s petrochemical industry as well; it’s not clear what aspect of the project they are involved in – equipment installation perhaps?
I don’t know what progress Shenghong has made
Bid Section 2 includes heavy oil catalytic cracking, diesel hydrocracking, alkylation, light hydrocarbon recovery, C-separation MTBE, gas fractionation, as well as utility pipelines.