Luoyang Petrochemical’s million-ton ethylene project: Aiming to complete the preparatory work before construction in the first quarter

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The Luoyang Petrochemical’s million-ton ethylene project is being advanced at full speed in accordance with the scheduled timelines: pile driving to begin in March 2025, and civil construction to start in July 2025, with efforts to complete all preparatory work prior to construction by the first quarter. The Luoyang Petrochemical million-ton ethylene project is a key initiative jointly planned by Sinopec and Henan Province; it represents an important step in promoting the transformation and upgrading of Henan’s petrochemical industry to achieve high-quality development. The project primarily involves the construction of 13 production units, including one for ethylene with an annual capacity of 1 million tons, along with supporting utility systems and environmental protection facilities; meanwhile, adaptations to meet the requirements of oil refining are also carried out. Upon completion of the project, approximately 3 million tons of various chemical products will be sold annually, which will enable downstream development that involves investments in the order of hundreds of millions and the creation of employment for tens of thousands of people.