【HaiChuan Discussion】China Wanda has established a chemical research institute – what exactly is its goal?

By establishing the Dongying Port Innovation Incubation Base together with Honeywell and China University of Petroleum, Wanda Petrochemical Research Institute will enable the commercialization of Honeywell’s world-leading new technologies as well as the research results accumulated over many years by the university. Through extensive cooperation in areas such as corporate transformation and upgrading, development planning, and market strategies, this initiative will undoubtedly play a key role in overcoming the ‘last mile’ challenge in transforming research results into practical applications and in promoting industrial upgrading. It will also facilitate a deep integration between the industrial chain and the innovation chain. It is reported that the research institute comprises three research departments: the Institute of Industrial Policy and Information, the Institute of Industrial Planning, and the Engineering Technology Center. It has over 100 research professionals with doctoral and master’s degrees. The institute also features product development laboratories, a quality testing center, and 5 pilot production workshops, including a CNAS-certified laboratory for oil refining and new materials, a CNAS-certified laboratory for new technologies related to C4 compounds, and a municipal-level key laboratory for fine chemicals. There are more than 400 sets of testing equipment, covering areas such as oil refining, advanced processing of C3 and C4 compounds, and new materials in the field of fine chemicals. Once established, the Wanda Petrochemical Research Institute will focus on the technological innovation and upgrading in the field of petroleum refining, as well as research on industry policies. It will place emphasis on integrated refining processes, while also providing services for the pilot testing and practical application of results from major scientific and technical projects. By leveraging the strengths of various research platforms such as Wanda Group’s postdoctoral research stations, **-level technology centers, and **-level laboratories, the institute will achieve resource sharing and coordinated development, thereby strengthening the company’s capabilities in innovation and research and creating new drivers for competition in the field of technological innovation. Wanda Petrochemical Research Institute will focus closely on the strategic goal of \"building a first-class petrochemical research institute in China,\" and in accordance with the guiding principles of \"independent innovation, introduction and absorption of advanced technologies, targeted breakthroughs, and service to enterprises,\" it will accelerate the industrialization of high-tech achievements and promote the advancement of the industry’s value chain. Striving to become the core driver of innovation-driven development in the province, it will contribute to the high-quality and sustainable development of the group company while continuously injecting new momentum into the regional economic and social development.

What exactly do the research institutes of various chemical companies study? https://bbs.hcbbs.com/thread-3020349-1-1.html (Source: Huahai Chuanliu – Haichuan Chemical Industry Forum Website)

Involving areas such as petroleum refining, advanced processing of C3 and C4 compounds, and new materials in the fine chemical industry

I thought of Hengli Group. . . It started out as just a textile factory, but now it engages in oil refining, petrochemical processing, fine chemical manufacturing… essentially everything. The influx of more private capital, whether invested in research and development or production, is certainly a positive factor for this industry. Many petrochemical technologies are covered by foreign patents, and many processes need to be upgraded; we are quite behind foreign countries in this regard. More capital investment is hoped to help the industry develop, which is also beneficial for economic growth

Wow, at Dongying Port? Are you coming, squid?