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Yangzi Petrochemical is advancing the construction of projects to adjust its refining structure in an orderly manner!

2022-09-20View Original

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The Yangzi Petrochemical Refining Structure Adjustment Project is a key construction project of Sinopec, comprising 8 major projects such as a new 2.6 million tons per year residue hydrogenation unit and a 2.8 million tons per year catalytic cracking unit. It plays an important role in optimizing the industrial structure, promoting the upgrading of related industrial chains, and facilitating regional transformation and development. Since work began on May 28 last year, all parties involved have worked closely together to advance the project steadily. To date, the civil engineering foundation work has been completed, and the project has now entered the critical phase of equipment installation. The image shows workers conducting inspections before installing the equipment. According to Shihua Yuan, the total investment in this project is 5.17 billion yuan, with a land area of approximately 25.5 hectares. Upon completion of the project, it will be possible to increase the production of high-quality, clean petroleum products without altering the original crude oil processing capacity or increasing pollutant emissions. According to officials from Sinopec, the refining structure adjustment project at Yangzi Petrochemical is a key project for both Sinopec and the Jiangbei New Area in Nanjing. It includes 8 major projects, such as the construction of a 2.6 million tons per year residue hydrogenation unit and a 2.8 million tons per year catalytic cracking unit. The aim of this project is to achieve transformation and upgrading, as well as improved quality and efficiency; it focuses on increasing the production of chemical raw materials in order to make the most of the advantages of integrated refining and chemical production. The construction period for the project is approximately 20 months, with completion expected in 2023. It is understood that the oil refining structure adjustment project is a practical measure taken by Yangzi Petrochemical to meet the requirements for high-quality development in the Yangtze River Economic Belt; it serves as a stepping stone for integrating into Sinopec’s industrial framework of \"one foundation, two wings, and three innovations\" and for establishing an integrated petrochemical base in Nanjing. Upon completion of the project, it will be possible to increase the production of high-quality, clean petroleum products without altering the capacity for primary processing of crude oil or increasing pollutant emissions. At the same time, the production of low-value-added products such as diesel and petroleum coke will be reduced, thereby enabling further optimization of the product structure and enhancement of the industrial chain. The project will also meet the highest current safety and environmental standards, which makes it highly significant for optimizing the industrial structure of Yangzi Petrochemical, promoting the upgrading of related industrial chains in the area, and contributing to the regional transformation and development.

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