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Today, the engineers on the project said that Zhejiang, possibly in Zhoushan, plans to build a comprehensive petrochemical complex that combines oil refining and chemical manufacturing. It will be very large, comparable to Jurong Island in Singapore. After checking, Jurong Island requires an investment of over 30 billion US dollars, which is equivalent to 200-300 billion RMB. It seems that a design institute in Beijing belonging to CNPC is the main agency responsible for the project, with a design institute in Beijing belonging to Sinopec also participating. It seems somewhat incredible: 1. Currently, there is a trend of overcapacity in the petrochemical industry, and most companies in Zhejiang are private enterprises. Is such a large investment attractive to them? 2. The two design institutes of CNPC and Sinopec in Beijing have plenty of projects of their own; it seems they’re already overloaded, so how can they spare staff to work on such a large-scale project?
The poster is referring to the Daxie Ningbo Petrochemical Industry Park, which aims to become a world-class petrochemical industry hub similar to Singapore’s Jurong Park. A number of investment projects have already been established in this park, including those by Ningbo Wanhua, CNOOC, and Fude. Sinopec’s large-scale refining project has been canceled, and CNPC has no intention of investing in Daxie.
It doesn’t seem to be this one. It says it’s on an island; it seems to be Zhoushan. Also, it seems that the design firm for this project will be determined soon; various large design firms are preparing to bid for it.
Daxie Island is an island in the Zhoushan Archipelago. Recently, companies have been preparing for the \"CNOOC Daxie Refining Project,\" but actual implementation will depend on market conditions.
2. The two design institutes of CNPC and Sinopec in Beijing have plenty of projects of their own; it seems they’re already overloaded, so how can they spare staff to work on such a large-scale project? The two oil companies have next to no projects to work on now; even the people in the design institutes have nothing to do! ! !
CNOOC’s refining project? It shouldn’t be a design institute in Beijing belonging to CNPC; it’s the main design institute! I haven’t heard that CNPC’s design institute in Beijing is capable of handling large-scale oil refining projects. Also, the engineers said that the main institute has completed all the feasibility studies, and then it will hire a plant design institute to carry things forward……
Can’t it? Engineers from the Beijing Design Institute of those two oil companies told us that they refuse to take on projects with design fees of less than 30 million yuan. Projects with a design fee of 10 million yuan are already considered large-scale projects, and they refuse to take on such ones, which shows just how strong their portfolio of projects is.
What the poster is referring to might be the tank farm project on Huangze Mountain Island in Zhoushan; the constructor is Zhejiang Guangxia Group. The project is carried out in several phases, and it serves as a petroleum storage facility for overseas maritime shipments.
It doesn’t seem so. It’s oil refining and chemical projects. It’s not a tank farm.
I checked, and there are many projects related to these two oil companies. On top of that, there are countless projects that these design institutes have secured overseas. As for CNPC: the new plant in Jieyang is set to resume construction, it seems; The first phase of Yunnan Petrochemical is still under construction; the second phase includes a refinery with a capacity of 10 million tons, as well as an ethylene plant with a capacity of 1 million tons ; The expansion of North China Petrochemical’s refinery capacity to 10 million tons started last year and is still in progress. Similarly, the expansion of Karamay Petrochemical’s refinery for processing heavy oil to 10 million tons is also underway ; Liaoyang Petrochemical seems to have a large refinery that processes Russian crude oil ; Dalian Petrochemical is to be relocated to Changxing Island; 15 million tons will be produced in the first phase, and 20 million tons in the second phase, it seems ; Daqing Petrochemical and Daqing Refining & Chemicals: According to the 13th Five-Year Plan, both plants are to be expanded to have a refining capacity of 10 million tons each. Daqing Refining & Chemicals will also see an expansion in its production capacity for ethylene, polypropylene, and aromatic compounds, with capacities of 1 million tons each... Sinopec’s project: Caofeidian with a refining capacity of 20 million tons ; Lianyungang 30 million tons of oil refining ; In addition, there are projects in society as well: CNOOC Huizhou Refining has a refinery with a capacity of 10 million tons, and an expansion project with a capacity of 1 million tons – work on these projects has already started and is still in progress. Panjin Huajin plans to build a refinery with a capacity of 20 million tons, along with various chemical processing facilities; it seems that the design work will be carried out by Sinopec’s design institutes. In Dalian’s Changxing Island, a private company intends to build a refinery with a capacity of 20 million tons; again, it seems that the design work will be done by Sinopec’s design institutes. In Lianyungang, another private company plans to construct a refinery with a capacity of 16 million tons and an ethylene plant with a capacity of 1 million tons; once again, it seems that the design work will be handled by CNPC and Sinopec’s design institutes. In Caofeidian, two private companies plan to build refineries with a capacity of 15 million tons each; it seems that the design work will still be done by CNPC and Sinopec’s design institutes. In Zhoushan, several private companies intend to build a refinery with a capacity of 15 million tons; it seems that the design work will be carried out by Sinopec’s design institutes. China Shenhua plans to develop coal chemical projects worth over 120 billion yuan in Yulin; it seems that the design work for these projects will also be done by CNPC and Sinopec’s design institutes. Moreover, news from a few days ago stated that Sinopec has contracted several refineries in Kazakhstan and Kuwait, worth hundreds of billions of dollars… With so many projects like these, it’s obvious that the design institutes of CNPC and Sinopec alone won’t be able to handle them all. It’s estimated that they will need to recruit a large number of employees… However, all of this information comes from online sources, and I’m skeptical about it. The news says that there is already an overcapacity in the oil refining industry – how can they add so many more refineries?
This post was last edited by The wise are enlightened on 2015-12-5 22:46; only the last sentence got to the point.