【Haichuan Chemical Salary Updates】CNPC issues approval for Liaoyang Petrochemical’s 300,000-ton/year high-performance polypropylene project

The civil construction work for the 2.4 million tons per year residue hydrogenation unit, which is part of the Liaoyang Petrochemical’s project to optimize and improve the processing of Russian crude oil, has been fully underway. On March 1, 2017, China National Petroleum Corporation First Construction Company, in line with the Belt and Road Initiative, took on the construction of this key facility as part of the aforementioned project; the civil construction work for this unit has now been completed. The residue hydrogenation unit, constructed by Yijian Company, is scheduled to achieve 75% of its overall progress by the end of this year, with the completion target set for July 30, 2018. The raw materials for this unit are Russian vacuum residue and recycled oil from catalytic cracking units; the product is hydrogenated residue, with dry gas, ***, and diesel products being produced as by-products. It is reported that other companies involved in this Russian oil project include Liaoyang Petrochemical Company, China Global Engineering Corporation, East China Design Institute, Jilin Mengxi Engineering Management Co., Ltd., as well as CNPC Sixth Construction Company, CNPC Seventh Construction Company, and Jilin Chemical Construction Company. On February 24, at the commitment ceremony for the Liaoyang Petrochemical’s project to optimize and improve the processing of Russian crude oil, Ding Renyi, general manager of Yijian Company, spoke on behalf of all the construction firms involved, stating that they would deploy their best personnel and construction equipment to ensure that all the resources needed for the project are available in sufficient quantities. They were committed to achieving all the delivery targets set by the client on time, with high quality and in a safe manner, so as to make greater contributions to the development of Liaoyang Petrochemical. It is understood that the project to optimize and improve crude oil processing in Russia is a key initiative aimed at revitalizing the old industrial bases in the northeast and advancing the Belt and Road Initiative; it also serves as the cornerstone project for Liaoyang City’s efforts to develop an aromatic chemicals and fine chemicals industry with an output value of over 100 billion yuan. The \"Liaoyang Petrochemical Russia Crude Oil Processing Optimization and Efficiency Improvement Plan\" has received significant attention and support from ** and Liaoning Province, and has been included in the development plan for the ** petrochemical industry. The total investment in this Russian oil project exceeds 5 billion yuan. Building on Russia Oil’s annual processing capacity of 9 million tons, 11 new units will be constructed: one for residue hydrogenation with an annual capacity of 2.4 million tons, one for heavy oil catalytic cracking with an annual capacity of 2.2 million tons, one for catalytic gasoline hydrogenation-etherification with an annual capacity of 1 million tons, one for gas fractionation with an annual capacity of 400,000 tons, one for isomerization with an annual capacity of 350,000 tons, and one for reforming extraction with an annual capacity of 1 million tons. Additionally, 5 existing units will be upgraded, including those for wax oil hydrocracking, ethylene cracking, and sulfur recovery. According to experts, since Liaoyang Petrochemical’s previous refining processes were designed based on the characteristics of processing domestic heavy crude oil, the advantages of Russian crude oil as a high-quality aromatic feedstock were not fully utilized. To process Russian crude oil efficiently, in accordance with a series of trade agreements signed between China and Russia, starting in 2018, Russia will export 30 million tons of crude oil to China each year via the Far East Pipeline. Liaoyang Petrochemical is currently the only fully hydrogenated refinery in China that processes Russian crude oil, with the capacity to handle tens of millions of tons of such oil. Once put into operation, this project will reduce the production of less efficient products such as petroleum coke and heavy oil, while increasing the output of high-value products like gasoline, propylene, and ****. It will be able to produce 2.6 million tons of gasoline and 3.3 million tons of diesel per year. The technical and economic indicators, as well as energy consumption levels, will be improved, thereby maximizing the potential for generating profits and helping to build a large-scale petrochemical complex in China.

Congratulations on PetroChina’s approval of the 300,000-ton-per-year high-performance polypropylene project at Liaoyang Petrochemical

Liaohua is that company that keeps having accidents, right?