20 Major Ongoing Projects under the Petrochemical Revitalization Plan

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Editor’s note: Recently, the State Council approved a plan for the revitalization of China’s petrochemical industry; 20 major projects under construction are also included in this revitalization plan. Recently, the State Council approved a plan for the revitalization of China’s petrochemical industry; 20 major projects under construction are also included in this plan. The projects that are given priority support under this plan include those related to oil refining, ethylene, xylene (PX), purified terephthalic acid (PTA), fertilizers, and olefins. However, this plan does not specify the actual investment amount for the project. The specific project list is as follows: Category, Project Name, Region, Project Owner. Xylene: 700,000 tons of PX, Fujian Refining & Chemicals; 1 million tons of PX, Huizhou, Fujian Refining & Chemicals Co., Ltd.; Guangdong: CNOOC and Kaisi Group. PET: 600,000 tons of PX, Shanghai Petrochemical, Shanghai; 1 million tons of PX, Urumqi, Xinjiang, CNPC Urumqi Petrochemical Branch. PTA: 600,000 tons of PTA, Shishi, Fujian, Jialong Investment Co., Ltd. and Xinjiang Hualing Industry & Trade Co., Ltd.; 600,000 tons of PTA, Jiangyin, Jiangsu, Hanbang (Jiangyin) Petrochemical Co., Ltd. PTA: 600,000 tons of PTA, Fuling, Chongqing, Chongqing Pengwei Petrochemical Co., Ltd. Oil refining and ethylene production: 12 million tons of oil refining, Guangdong, Huizhou; 10 million tons of oil refining expansion, 1 million tons of ethylene, Guangdong CNOOC Xinzhuangduansizi; 12 million tons of oil refining expansion, 800,000 tons of ethylene, Xinjiang Dushanzi Petrochemical Company; 12 million tons of oil refining expansion, 800,000 tons of ethylene, Fujian Refining & Chemicals. Oil refining and ethylene production: 12.5 million tons of oil refining expansion, 1 million tons of ethylene, Tianjin, Sinopec. Oil refining: 10 million tons of oil refining, Guangxi; 1 million tons of ethylene, Zhenhai, CNPC. Ethylene production: 800,000 tons of ethylene, Zhenhai, Zhejiang, Zhenhai Refining & Chemical. Ethylene production: 800,000 tons of ethylene, Fushun, Liaoning, CNPC Daqing. Ethylene production expansion: 1.2 million tons of ethylene expansion, Daqing, Heilongjiang, CNPC Daqing Petrochemical. Oligomerization from heavy oil: 500,000 tons of oligomerization, Shenyang, Liaoning, Shenyang Petrochemical & Fertilizer. Phosphoric ammonium fertilizer production: 1.2 million tons of phosphoric ammonium fertilizer, Yunnan, Yunnan Yuntianhua Co., Ltd. Potassium magnesium fertilizer production: 1 million tons of potassium magnesium fertilizer, Qinghai, Qinghai CITIC Guoan Group. Urea production: 800,000 tons of urea, Korla, Xinjiang, CNPC Shenhua Baotou. Oligomerization from coal: 600,000 tons of oligomerization from coal, Baotou, Inner Mongolia, Shenhua Group. >>>> More industry-related news >>>> More project updates >>>> More petrochemical news. Previous article: No changes to the policy regarding oil special revenues. Author: Anonymous