Two reactors of Shandong Yitai Bocheng Chemical Technology Co., Ltd.’s 200,000 tons per year FTO wax processing plant were successfully lifted into place

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Recently, the two reactors of Shandong Yitai Bocheng Chemical Technology Co., Ltd.’s 200,000 tons per year FTO wax processing plant were successfully lifted into place, with LANSHI Heavy Equipment being the contractor for this task. The project is located in the Qilu Chemical Industry Park in Linzi District, Shandong Province, and is a major project in Zibo City, Shandong Province. Using ferto wax and industrial white oil as primary raw materials, and employing hydrogenation and distillation processes, this project produces high-value-added products such as naphtha and specialized alkane-based cleaning agents. It is a key component of Yitai Group’s strategy to extend, strengthen, and optimize its industrial chains; once completed, it will provide significant support for the upgrading of China’s lubricant materials industry as well as for the sustainable economic and social development of local areas. It is understood that the total investment in this project is approximately 766 million yuan, with a land area of around 142.62 mu. Once it is put into operation, it is expected to generate an annual operating revenue of 2 billion yuan and annual profits and taxes of 105 million yuan. The project is in full alignment with the policy guidelines regarding the clean and efficient use of coal as well as industrial upgrading. It not only enhances the resilience of the group company’s industrial chain but also helps improve China’s ability to produce high-quality base oils for lubricants on its own, which is of great significance for promoting import substitution in this industry. It is reported that this project is one of the initiatives to expand the product chain, carried out against the backdrop of the transformation of Yitai Group’s coal chemical industry in Inner Mongolia and the extension of its product range. It was developed based on the existing facilities and products of Yitai Chemical Company, as well as results from market research. The project is located within the Qilu Chemical Industry Park in Jinshan Town, Linzi District, Zibo City, Shandong Province. The project involves the construction of a 200,000-ton/year FTO wax hydrogenation unit, a 50,000-ton/year food-grade white oil hydrogenation unit, and a packaging workshop for food-grade white oil; it also includes supporting facilities such as storage tank areas, loading/unloading areas, and surface flares. The construction period is 12 months. The project plans to further process the FTO wax products produced by Yitai Chemical’s oil processing facilities using hydroisomerization technology, in order to convert them into base oils of API III/III+ grades as well as specialty oil products with higher added value. Shandong Yitai Bocheng Chemical Technology Co., Ltd. was established in December 2024 and is located in Linzi District, Zibo City, Shandong Province. It was jointly invested in and established by Inner Mongolia Yitai Coal Co., Ltd. and Shandong Boneng Investment Co., Ltd., with Inner Mongolia Yitai Coal Co., Ltd. holding 80% of the shares and Shandong Boneng Investment Co., Ltd. holding 20%.