The first industrial installation in China using domestically produced fluidized-bed heavy oil hydrogenation technology: Shandong Ruize Chemical’s 2 million tons per year heavy oil hydrogenation project

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It was recently reported that the last container in Shandong Ruize Chemical Technology Co., Ltd.’s 2 million tons per year heavy oil hydrogenation project – namely the waste catalyst cooling tank – was successfully lifted into place. The successful installation of this equipment marks the completion of the installation of all containers for the heavy oil hydrogenation project. The project is located in Fenghuang Town, Linzi District, Zibo City, Shandong Province, and is a key project in Shandong Province. The waste catalyst cooling tank to be lifted this time is 10.1 meters long, 2.4 meters in diameter, and has a net weight of 31 tons; it is the last container equipment for this project. The total investment in Shandong Ruize Chemical Technology Co., Ltd.’s MCP co-production project for new chemical materials and related facilities amounts to 3.6 billion yuan. Once the project is operational, the company will further enhance its industrial chain, aiming to develop a leading cluster of chemical new materials and specialty chemicals in the province, and complete its transformation into a high-end chemical enterprise. This project is part of a series of initiatives undertaken by Xintai Petrochemical with a total investment of 18.8 billion yuan. It involves the construction of a heavy oil hydrogenation unit with an annual production capacity of 2 million tons, an MCP complex with an annual production capacity of 1.6 million tons, as well as related facilities. This project is expected to generate annual sales revenue of 8.6 billion yuan and profits and taxes in excess of 800 million yuan, while also creating employment for over 190 people. The project overcomes foreign technical barriers, with completion of CCCC planned for June 2026. This facility is the first in China to employ domestically developed fluidized-bed heavy oil hydrogenation technology on an industrial scale. Once completed, it will provide our company with a more reliable means for processing heavier and lower-quality crude oils, while also supplying higher-quality raw materials for downstream chemical plants.