【Haichuan Chemical Salary News】Gulei Petrochemical: MTO project postponed; five other units such as MTBE will not be built!

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Construction location: Gulei Port Economic Development Zone, Zhangzhou, Fujian Province. Constructor: Fujian Gulei Petrochemical Co., Ltd. Environmental assessment agency: China University of Petroleum (Huadong). Date of receipt: December 27, 2018. In accordance with relevant requirements, the constructor optimized the plant’s processing plan; as a result, the number of main units in the final plan was reduced from 16 to 11. Specifically, the methanol-to-olefins (MTO) unit will see its construction postponed, while the acrylic acid/acrylate (AA/AE) unit, methyl tert-butyl ether (MTBE) unit, light wax (NP) unit, and alkylbenzene (LAB) unit will not be constructed for now. In addition, the air separation and air compression unit mentioned in the original environmental impact assessment was operated and managed independently by Fujian Fuhua Gas Co., Ltd., and is therefore not included in the scope of this assessment ； The dock storage area and off-site pipelines (excluding coal transfer walkways) are operated and managed independently by Fujian Zhangzhou Gulei Petrochemical Terminal Co., Ltd., and are therefore not included in the scope of this evaluation. Basic information of the project prior to the change: The total investment in the project was 34.57 billion yuan (of which 700.61 million US dollars was in foreign currency). Of this amount, 11.52 billion yuan constitutes the capital contribution, accounting for about one-third of the total project investment; this capital is provided equally, at 50% each, by Fujian Refining and Chemical Co., Ltd. and Xuteng Investment Co., Ltd ； The remaining amount is covered by bank loans. The main projects include 16 chemical processing units, such as an 800,000-ton/year ethylene steam cracking unit, an 1.8 million-ton/year methanol-to-olefins plant, a 300,000-ton/year pyrolysis gasoline hydrogenation unit, a 250,000-ton/year aromatic extraction unit, a 90,000-ton/year butadiene extraction unit, a 300,000-ton/year ethylene vinyl acetate (EVA) production unit, 270,000/500,000-ton/year ethylene oxide/ethylene glycol (EO/EG) plants, a 600,000-ton/year styrene (SM) plant, a 200,000-ton/year hydrogen peroxide plant, a 300,000-ton/year propylene oxide (PO) plant, 160,000/145,000-ton/year acrylic acid/acrylate (AA/AE) plants, a 350,000-ton/year polypropylene (PP) plant, a 100,000-ton/year thermoplastic elastomer (SBS) plant, a 100,000-ton/year light wax (NP) plant, a 130,000-ton/year alkylbenzene (LAB) plant, and a 60,000-ton/year methyl tert-butyl ether (MTBE) plant. Except for ethylene steam cracking and MTO units, the other chemical processing units can be appropriately optimized and adjusted as needed, while ensuring safety and environmental protection.