【Ten Years of Great Progress in Chemical Technology】The first industrial application of the latest high-efficiency catalytic cracking technology for heavy oil from 2016 to 2023

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Ten years of rapid development in chemical technology – praise for China’s prosperity and strength. This is just a starting point; more participation from everyone will make things even more lively. HaiChuan becomes even better with your involvement; we welcome everyone to take part more actively in the forum discussions. Everyone should pay attention to safety and know how to handle emergencies. ********************************************* On June 30th, Sinopec’s “Ten Dragon” technological innovation project – the 3 million tons per year heavy oil catalytic cracking unit at Anqing Petrochemical – was successfully put into operation after its first feed, producing qualified products. This marks Sinopec as a leader in the application of heavy oil catalytic cracking technology. This facility represents the first industrial application of Sinopec’s own latest advanced catalytic cracking technology for heavy oil. It serves as a key technology and integrated demonstration model for chemical-type refineries, offering a development path for domestic refining companies to address overcapacity issues and explore the transformation and high-quality development from fuel-type refineries to chemical-type refineries. This technology enables the maximization of the reduction in refined oil production and the increase in low-carbon olefins and aromatic raw materials, without increasing the volume of crude oil processed. It facilitates product structure adjustment, thereby creating conditions for the development of mid-to-high-end synthetic materials, synthetic resins, and the expansion of the fine chemical industry chain. At the same time, this device offers good operational flexibility, allowing for the selection of producing more chemical raw materials or more gasoline and diesel based on market demands.