[Haichuan Project Updates] The first phase of the Sinopec Taixing light hydrocarbon deep processing project has passed the environmental impact assessment
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Recently, it was learned from Jiangsu Yanchang CNPC Chemical Co., Ltd., which is affiliated with the refining and chemical company, that the light hydrocarbon deep processing project in Taixing, undertaken by this company, has successfully passed the safety assessment and environmental impact assessment, laying an important foundation for the subsequent construction of the project. It is understood that the Yanchang Zhongran Taixing Light Hydrocarbons Deep Processing Project (Phase I) is Yanchang Petroleum’s first major project outside the province. With a total investment of 3.69 billion yuan, it involves the construction of a propane dehydrogenation plant with an annual capacity of 600,000 tons, along with various supporting facilities. Using propane imported from China Gas overseas as raw material, this project primarily produces products such as propylene and hydrogen. This project serves as a \"test bed\" for Yanchang Petroleum’s transformation and upgrading, as well as for the expansion of its chemical industry operations outside the province; once completed and put into operation, it will become a new source of economic growth for Yanchang Petroleum.
As of June 1, the basic design for this project has been approved by the group company； The on-site pile testing has been completed; 62% of the total pile testing has been finished, and 66% of the geological survey has been completed ； Substantive work such as the procurement of the first batch of long-cycle equipment and materials listed in the supplier-provided list, as well as the general contracting of the project’s PC construction, has already been officially launched. Source: Yanchang Petroleum
Taixing is building a new materials industrial park.
Is it the park where a large-scale project was completed just in the past couple of years? The raw material ethylene is transported to the park via pipelines from Yangtze
The park is under construction. Huisheng is investing in the construction of a 900,000-ton/year MTO plant.
Does Huisheng make direct investments? Still EPC