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**The Shenghong integrated refining and chemical project, a key initiative under the planning and development of the petrochemical industry, was successfully commissioned in Lianyungang, Jiangsu. This marks the official operation of China’s largest integrated refining and chemical complex, which is set to reduce China’s imports of certain basic chemical raw materials by around 10%. The Shenghong refining and chemical integration project, with a total investment of 67.7 billion yuan, is located in the Xuwéi New Area of Lianyungang, Jiangsu, and has an annual crude oil processing capacity of 16 million tons. The localization rate of the core equipment for this project exceeds 90%, setting new records in China for projects of this type in terms of the largest diameter tower, the heaviest fixed-bed reactor per unit, the largest-scale atmospheric and vacuum distillation units, as well as cracking furnaces. The project utilizes internationally leading process technologies to build a high-end petrochemical industry chain, making full use of crude oil. It has enabled a significant increase in the proportion of chemical products such as aromatics and olefins, which are in short supply in China, from around 50% to over 70%, thereby reducing China’s imports of basic chemical raw materials like xylene by about 10%.
The localization rate of the core equipment for this project exceeds 90%, setting new records in China for projects of this type in terms of the largest diameter tower, the heaviest fixed-bed reactor per unit, the largest-scale atmospheric and vacuum distillation units, as well as cracking furnaces.
A significant improvement was achieved, with the percentage rising from around 50% to over 70%, thereby reducing China’s imports of basic chemical raw materials such as p-xylene by about 10%.