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Zhejiang Derong Chemical Co., Ltd. was invested and established by Zhejiang Petrochemical Co., Ltd. and Guangdong Demei Fine Chemical Group Co., Ltd., and was registered in the Zhoushan Free Trade Pilot Zone, Zhejiang Province in September 2017. Construction of a comprehensive utilization project of ethylene cracking by-products at the green petrochemical base in Daishan County, Zhoushan City, Zhejiang Province. Zhejiang Petrochemical's 40 million tons/year refining and chemical integration project has about 500,000 tons of ethylene cracked C5 and 480,000 tons of cracked C9 products every year. Among them, the cracked C5 product contains more than 50% diolefins, the cracked C9 product contains more than 50% methyl styrene and indene, and the sulfur content is greater than 10 ppm. Cracked C5 and C9 must undergo further separation, polymerization, hydrogenation and other processes to produce solid products such as piperylene resin, DCPD resin, C9 cold polyresin, and monomer liquid products such as piperylene, isoprene, dicyclopentadiene, etc. for market sale, thereby increasing the added value of by-products and broadening product application fields.
This project is located in the eastern part of Yushan Island Green Petrochemical Base and the deep processing industrial land downstream of the mid-term refining and chemical project. Using the by-products of Zhejiang Petrochemical's first- and second-phase ethylene units, cracked gasoline hydrogenation units, cracked C5, heavy cracked crude gasoline, cracked light fuel oil, and the second-stage styrene extraction unit C9 as raw materials for deep processing, the company produces a series of high value-added downstream products such as piperylene resin, DCPD resin, C9 cold polyresin, etc., which is in line with the company's own development interests and also in line with * * Policies to encourage the development of the fine chemical industry.
This project builds a 500,000-ton/year cracked C5 separation unit, a 200,000-ton/year C5 hydrogenation unit, a 480,000-ton/year cracked C9 separation and hydrogenation unit, a 70,000-ton/year pentylene resin unit, a 100,000-ton/year DCPD resin hydrogenation unit, and a 60,000-ton/year C9 cold polyresin unit as well as supporting storage and transportation and public auxiliary projects. Other facilities rely on the second phase of Zhejiang Petrochemical and the second phase of Zhoushan Green Petrochemical Base. At present, the optimization and adjustment of the second phase of the Zhejiang Petrochemical Project has taken the cracked carbon five and cracked carbon nine comprehensive utilization projects into consideration in the overall process. This project needs to be started up simultaneously with the second phase of the Zhejiang Petrochemical Project.
As long as you can ensure that you get carbon five and carbon nine in the long term, you can make a steady profit, but it is not easy to make a fortune.
Yes, the raw material advantage is almost higher than other companies. But it is true that the supply on the market is too large. Chances of making a fortune are slim
Do you know which design institute built the carbon 5 downstream equipment of Zhejiang Derong Chemical?