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On March 18, a public competitive bidding process (second round) was held for the consultation services on assessing the feasibility of constructing the Dalian Petrochemical (Xizhongdao) integrated refining and chemical complex. The feasibility study report for the Dalian Petrochemical (Xizhongdao) integrated refining and chemical project has been approved by the joint-stock company. The project owner is the Dalian Petrochemical Branch of China National Petroleum Corporation, and the funding comes from the branch’s own funds, with a contribution rate of 100%. Transferring project reserves to the planning and approval phase is a challenging task that requires high expertise, as well as a good understanding of national, local, and industry-specific development policies. It is necessary to engage a professional firm with a thorough understanding of the policies governing the petrochemical industry and strong technical expertise to provide guidance and consultation, thereby helping the project meet the required standards for approval as soon as possible and enabling it to start operating at the earliest opportunity. Basic information on CNPC Dalian Petrochemical (Xizhongdao) Integrated Refining and Chemicals Project: The project is located in the Changxing Island Economic Zone, with a total investment of nearly 70 billion yuan. It mainly involves the construction of a chemical-type refinery with an annual capacity of 10 million tons, facilities for producing 1.2 million tons of ethylene per year along with downstream products such as low-carbon olefins, as well as systems for oil storage and transportation, utility services, auxiliary facilities, and external plant installations. Project progress: The conversion of reserves to plans is currently in progress. The project will include the construction of a chemical-type refinery with an annual capacity of 10 million tons (utilizing some of the existing process units and equipment at Dalian Petrochemical), a facility for the production of 1.2 million tons of ethylene and other low-carbon olefins derived from it, as well as systems for oil storage and transportation, utility services, and auxiliary facilities. The project will build a refinery with an annual capacity of 10 million tons, an ethylene plant with an annual capacity of 1.2 million tons, as well as associated downstream chemical processing facilities. Downstream products include 1 set of PP plants with an annual capacity of 400,000 tons, 2 sets of FDPE plants with an annual capacity of 450,000 tons each, 1 set of LDPE plant with an annual capacity of 300,000 tons, 1 set of POE plant with an annual capacity of 200,000 tons, and 1 set of CHPPO plant with an annual capacity of 300,000 tons. The refining and chemical integration project of Dalian Petrochemical Company of China National Petroleum Corporation (Xizhongdao) is the first large-scale case of a refining and chemical enterprise being relocated and rebuilt in China. With a total investment of 68.5 billion yuan, construction is scheduled to begin in 2026.