1 million-ton ethylene plant in Luoyang comes online! Which Sinopec refineries have not undergone the million-ton upgrade? ? ?
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On the morning of May 27, the kick-off meeting for Sinopec’s Luoyang million-ton ethylene project and advanced green petrochemical materials base was held in the petrochemical park of Luoyang Advanced Manufacturing Development Zone. The approved total investment for the project is 27.8 billion yuan, with a land area of 280.92 hectares. Once completed, the project will be able to sell around 3 million tons of various chemical products per year, generating annual revenue of 20 billion yuan. The project plans to construct 13 main production units, including an ethylene plant with an annual capacity of 1 million tons, a butadiene extraction plant with an annual capacity of 150,000 tons, a pyrolytic gasoline hydrogenation plant with an annual capacity of 600,000 tons, an aromatic extraction plant with an annual capacity of 400,000 tons, a styrene extraction plant with an annual capacity of 30,000 tons, an m-LLDPE plant with an annual capacity of 300,000 tons, an HDPE plant with an annual capacity of 350,000 tons, an LDPE/EVA plant with an annual capacity of 250,000 tons, an EVA plant with an annual capacity of 100,000 tons, an EO plant with an annual capacity of 200,000 tons, a No. 3 PP plant with an annual capacity of 350,000 tons, a No. 4 PP plant with an annual capacity of 200,000 tons, and a SEBS plant with an annual capacity of 50,000 tons, along with the accompanying utility and auxiliary facilities. Simultaneously carry out adaptations for oil refining. The proposal for Sinopec’s Luoyang million-ton ethylene project originated in 2018. In January 2022, the project feasibility study report was approved by Sinopec’s headquarters. At the end of December 2022, the project was included in the **Petroleum and Chemical Industry Planning Scheme**, and in January 2023, the Henan Provincial Development and Reform Commission approved the project. In March 2023, the overall design of the project was approved. At present, the project’s energy conservation assessment, environmental impact assessment, and safety condition review have all been completed in advance. Sinopec’s Luoyang million-ton ethylene project is scheduled to be completed and put into operation in December 2025.
On May 31, the preparatory team of Sinopec Hunan Petrochemical Co., Ltd. (Hunan Petrochemical) held its first meeting. The editor learned that it was clearly stated at the meeting that “the top priority is company registration, and the most important things are safety and stable operations.” ” Previously, on May 27, the preparatory team for Hunan Petrochemical was announced to be established. As expected, Wu Zhiyong, chairman of Baling Petrochemical, and Wang Miaoyun, chairman of Changling Refining & Chemical, served as the heads of the preparatory teams for Hunan Petrochemical respectively. This means that the integration of Baling Petrochemical and Changling Refining & Chemical into a single entity has begun, and the process of establishing Hunan Petrochemical is now in progress.