Dongming Shenghai Chemical New Materials Co., Ltd.’s 300,000 tons/year UPC technology pilot project
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300,000 tons/year UPC technology pilot project: Owner – Dongming Shenghai Chemical New Materials Co., Ltd.; Location – Dongming Petrochemical Industrial Park, Heze, Shandong; Investment amount – 11.07 billion yuan. Project progress: Civil construction in progress. Project overview: The world’s first industrial demonstration project for UPC technology, aiming to create a new approach for converting crude oil into olefins featuring \"short processes, high efficiency, low emissions, and high yields\". Key construction components: a 300,000-ton/year UPC test unit, a 100,000-ton/year butadiene extraction unit, 80,000/50,000-ton/year MTBE/butene-1 units, a 550,000-ton/year light aromatic hydrocarbon hydrogenation unit, and a 350,000-ton/year aromatic hydrocarbon extraction unit. Once the project reaches full capacity, it will account for over 30% of Dongming Petrochemical’s total revenue, helping to develop a chemical new materials industry chain in the region worth hundreds of billions of yuan; the annual revenue is expected to be around 15 billion yuan.
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