5.57 billion! Shenghong Refining & Chemical will build a new project

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In early July, the official website of Shenghong Petrochemical released the full version of the Environmental Impact Assessment Report (draft for approval) for Shenghong’s integrated refining and chemical production project (2# ethylene glycol + phenol/propanol), along with a statement regarding public participation. The main contents are as follows: Project name: Shenghong Refining and Chemical Integration Product Optimization Project (2# Ethylene Glycol + Phenol/Cyclohexanol) ； Construction unit: Shenghong Refining & Chemical (Lianyungang) Co., Ltd. (hereinafter referred to as “Shenghong Refining & Chemical”) ； Nature of construction: Expansion project ； Construction location: Within the existing facilities of Shenghong Refining & Chemical (Lianyungang) Co., Ltd., Lianyungang Petrochemical Industry Base, Xuwei New Area, Lianyungang City, Jiangsu Province ； Industry category: Manufacturing of organic chemical raw materials ； Land area: No new land acquisition is required for this project; it will be constructed within the existing factory site, covering an area of 187,275 m2 ； Number of employees: 142 new positions added, with a four-shift two-shift operation system ； Annual working hours: 8,000 hours (333 days). Total investment: 557.299 million yuan ； Construction period: 24 months. New construction elements for this project: ① Construction of a new 100/900 thousand t/a 2# ethylene glycol plant (ethylene oxide/ethylene glycol plant), and a 400/250 thousand t/a phenol/cresol plant ； ②19 storage tanks were built in the factory area, and 6 storage tanks were constructed in the warehouse area, giving a total storage capacity of 19.89 m3. Of these, there are 2 tanks for the chemical raw material benzene (0.6 million m3), 2 tanks for the chemical intermediate isopropylbenzene (1.0 million m3), and 15 tanks for chemical products such as ethylene oxide, ethylene glycol, diethylene glycol, triethylene glycol, phenol, and propylene (18.01 million m3) ； By-product heavy alcohols, 6 tar tanks (0.28 million m3), etc.