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The last edit to this post was made by Desert Fish on December 30, 2018, at 12:26. On December 20, 2018, the Sinopec Electronic Bidding and Trading Platform published several tender notices regarding the “expansion project of Sinopec Ningbo Zhenhai Refining & Chemical Co., Ltd., which involves an annual refining capacity of 15 million tons and an annual ethylene production capacity of 1.2 million tons”. For the ethylene production section, 11 new production units are planned to be built, including ones for ethylene cracking with an annual capacity of 1.2 million tons, ethylene glycol production with an annual capacity of 800,000 tons, and production of propylene oxide/styrene (PO/SM) in capacities of 360,000/800,000 tons each; As well as approximately 60 sub-items related to supporting public works and auxiliary projects such as general layout transportation, storage and transportation, water supply and drainage, heating, power supply, telecommunications, environmental protection, production management, etc. (the specific details shall be subject to the approval of the overall design).
Sinopec will invest 200 billion yuan in four world-class refining and chemical complexes. During the 13th Five-Year Plan period, Sinopec will invest 200 billion yuan to develop four world-class refining and chemical complexes in Maozhan, Zhenhai, Shanghai, and Nanjing. Upon completion, the annual oil refining capacity of these 4 major bases will reach 130 million tons, accounting for 17% of the country’s total capacity and 45% of Sinopec’s capacity ; The ethylene production capacity will reach 9 million tons, accounting for 31% of the country’s total capacity and 65% of Sinopec’s capacity. As planned, upon completion, the Maozhan facility will have an annual oil refining capacity of 35 million tons and an ethylene production capacity of 1.8 million tons ; The Zhenhai refining and chemical complex will have a refining capacity of 33 to 38 million tons, as well as an ethylene production capacity of 1.8 to 2.2 million tons, making it the largest such complex in terms of production capacity ; The Shanghai facility will have an annual refining capacity of 26 million tons and an ethylene production capacity of 2.59 million tons ; The Nanjing facility will have an annual refining capacity of 36 million tons and an ethylene production capacity of 2.4 million tons.
In the following years, significant investment was made in petrochemical projects.
Major petrochemical provinces: Zhejiang, Jiangsu, Guangdong, Shandong
Major petrochemical provinces: Shaanxi, Inner Mongolia, Ningxia
Major petrochemical provinces: Shaanxi, Inner Mongolia, Ningxia
These several are not as large as the previous ones. Zhejiang’s two major refining and chemical complexes will have a processing capacity of 80 million tons, and adding CNOOC’s capacity, the total processing capacity comes to almost 100 million tons. The combined capacity of those three is still less than that of just one of them
I got it wrong; it’s a major province for coal chemical industry.
Coal chemical industry – you missed the western frontier
It’s crazy – there’s money with no place to invest it