It is understood that the total investment of the project is 27.8 billion yuan. After it is completed and put into operation, it is estimated that the annual sales of chemical products will be about 3 million tons. Taking this as a traction, it will extend the development of downstream metallocene polyethylene, high-pressure polyethylene and other high-end petrochemical products. The project is expected to be completed in December 2025.

Sinopec stated that it will strive to build one or two world-class refining centers by the end of the "14th Five-Year Plan".

Overview of million tons of ethylene project

It is reported that the million-ton ethylene project of Sinopec Luoyang Branch is located in the Advanced Manufacturing Development Zone of Mengjin District, with a total investment of 27.8 billion yuan.

based on the raw materials provided by Luoyang Petrochemical Refinery, the ethylene project will build a 150,000-ton/year butadiene extraction unit led by a 1 million-ton/year ethylene unit, a 600,000-ton/year pyrolysis gasoline hydrogenation unit, and a 400,000-ton /year aromatics extraction unit, 30,000 tons/year styrene extraction unit, 300,000 tons/year m-LLDPE unit, 350,000 tons/year HDPE unit, 250,000 tons/year LDPE/EVA unit, 100,000 tons/year 13 sets of petrochemical production including annual EVA plant, 200,000 tons/year ethylene oxide plant, 400,000 tons/year 3# polypropylene plant, 200,000 tons/year 4# polypropylene plant, 50,000 tons/year SEBS plant, etc. device.

Sinopec's other ethylene projects

Zhenhai Refining & Chemical Expansion 1.5 million tons/year ethylene project

On May 12, the Ningbo Municipal Development and Reform Commission issued a reply on the approval of Sinopec Ningbo Zhenhai Refining and Chemical Co., Ltd.'s expansion of 1.5 million tons/year ethylene and downstream high-end new material industry cluster projects.

Project construction unit: Sinopec Ningbo Zhenhai Refining and Chemical Co., Ltd.

Construction site: Niluoshan Reclamation Area, Ningbo Petrochemical Economic and Technological Development Zone

Construction scale: The total investment of the project is about 38.08 billion yuan, the total area is about 215 hectares, and the newly added land (sea) is about 202 hectares

Main construction content:

based on the existing scale of Zhenhai Refining & Chemical, this project expands 1.5 million tons/year of ethylene and downstream new material process equipment, and uses the ethylene-rich gas, ethane-rich gas, saturated liquefied gas, hydrogenation gas provided by Zhenhai Refining & Chemical production base C5 and straight-run light/heavy naphtha are the main raw materials.

The process equipment mainly includes 1.5 million tons/year steam cracking, 800,000 tons/year pyrolysis gasoline hydrogenation, 500,000 tons/year aromatics extraction, 200,000 tons/year butadiene extraction, 180,000 tons/year A Methyl tert-butyl ether (MTBE)/butene-1 plant, 400,000 tons/year full density polyethylene (FDPE), 2*200,000 tons/year polyolefin elastomer (POE/α-olefin) combination, 400,000 tons /year low-density polyethylene (LDPE)/ethylene-vinyl acetate copolymer (EVA) (vinyl acetate (VA)) combination, 300,000 tons/year polypropylene (PP), 300,000 tons/year butanol, 24 10,000 tons/year of ethylene-vinyl acetate copolymer emulsion (VAE), 20/50,000 tons/year of methyl methacrylate (MMA)/propionic acid combination, 200,000 tons/year of acrylonitrile combination, 200,000 tons/year of hexadiene Nitrile, 100,000 tons/year epichlorohydrin/hydrogen peroxide combination, 50,000 tons/year polybutene-1, 100,000 tons/year 2-propylheptanol and other 18 sets of equipment.

After completion, Zhenhai Refining & Chemical will have an annual refining capacity of 38 million tons per year and 2.2 million tons of ethylene per year, becoming the world's top five refining and chemical production bases.

Gulei Refining & Chemical 1.5 million tons/year ethylene project

Fujian Gulei Refining and Chemical Integration Project is located in Gulei Petrochemical base in Zhangzhou, Fujian Province. It mainly constructs 16 million tons/year oil refining project and 1.2 million tons/year ethylene project. This project is the leading project of Gulei Petrochemical base, one of the seven largest petrochemical industrial bases in the country. The first phase of the project mainly includes 9 sets of chemical equipment including ethylene cracking with an actual processing capacity of 1 million tons per year, as well as supporting public works, docks and storage and transportation facilities, etc., with a total investment of 27.8 billion yuan and an annual output of one million tons of ethylene.

Tianjin Petrochemical Nangang 1.2 million tons/year ethylene project

Tianjin Petrochemical Nangang 1.2 million tons/year ethylene and downstream high-end new material industry cluster project is a major project to promote the national strategy of Beijing-Tianjin-Hebei coordinated development, and it will be officially launched in May 2021. Nangang Ethylene Project takes 1.2 million tons/year ethylene plant as the leader, aims at leading the world, fills the domestic gap, replaces imports, and extends the industrial chain to build 12 sets of high-end products such as ultra-high molecular weight, α-olefin, ALL-PE, ABS, POE, HDPE, etc. New material installation. It is understood that Nangang Ethylene is expected to be completed in 2023, and the project cluster is expected to be completed in 2025.

Tahe Refining & Chemical 1 million tons/year ethylene project

Sinopec Tahe Refining and Chemical Co., Ltd. Shunbei crude oil steam cracking million-ton ethylene project, with a total investment of 20 billion yuan, is located in Kuqa Economic and Technological Development Zone, Kuqa County, Aksu District, Xinjiang Uygur Autonomous Region, with a construction capacity of 1 million tons/year There are 10 sets of chemical plants with ethylene as the leading one, and the other 9 sets are 450,000 tons/year HDPE plant, 400,000 tons/year LLDPE plant, 200,000 tons/year LDPE plant, 200,000 tons/year 1#PP plant, 300,000 tons/year 10,000 tons/year 2#PP unit, 140,000 tons/year butadiene extraction unit, 10/40,000 tons/year MTBE/butene-1 unit, 650,000 tons/year pyrolysis gasoline hydrogenation unit, 350,000 tons /year aromatics extraction unit.

Zhongke Refining and Chemical Phase II 1.2 million tons/year ethylene project

The China-Kuwait Joint Venture Guangdong Refining and Chemical Integration Project is located in Donghai Island New District, Zhanjiang Economic and Technological Development Zone, Guangdong Province. It is jointly constructed by Sinopec Corporation and Kuwait National Petroleum Co., Ltd. with a share ratio of 50:50. The total land area is about 12.26 square meters Kilometers, with a total planning of 15 million tons of oil refining per year, 1 million tons of ethylene production per year, and supporting the construction of a 300,000-ton crude oil terminal in the Donghai Island Port Area of Zhanjiang Port. The first phase of the project is designed with an oil refining capacity of 10 million tons/year, an ethylene production capacity of 800,000 tons/year, as well as public works and supporting facilities.

Nanjing Yangzi Petrochemical 1 million tons/year ethylene project

Nanjing Yangzi Petrochemical Co., Ltd. light hydrocarbon comprehensive utilization and new material transformation project will build a new 1 million tons/year steam cracking ethylene plant, 350,000 tons/year HDPE plant, 300,000 tons/year LLDPE plant, 400,000 tons/year PP device, etc. With a total investment of 44 billion yuan, the project is planned to start construction before March 30, 2022, and the third phase of the project will be completed and put into operation in December 2027.

Yueyang 1.5 million tons/year ethylene project

The total investment of Sinopec Yueyang 1.5 million tons/year ethylene refining and chemical integration project is 4.047 billion yuan, and the construction unit is Sinopec Changling Refining and Chemical Branch. The site is located in the reserved land of the existing plant area. The main construction contents include the transformation of the existing 8 million tons/year atmospheric and vacuum expansion to 10 million tons/year, the construction of a new 3 million tons/year hydrocracking unit, and the construction of a new 1 million tons/year Annual solvent deasphalting unit, newly built 60,000 tons/year sulfur recovery unit, and supporting construction of storage and transportation facilities and public works.

Hainan 1 million tons/year ethylene project

Hainan Refining & Chemical's 1 million tons/year ethylene and refining expansion project is one of the key projects of the national petrochemical industry planning, and also a key project of Hainan Province and Sinopec, with a total investment of more than 28 billion yuan. After the project is completed and put into production, it is expected to directly stimulate downstream industries of over 100 billion yuan and become a new engine for Hainan's future development. The 1 million tons/year ethylene and refinery expansion project in Hainan has a total of 14 sets of production process units, 10 sets of production process units in the chemical industry area, and 4 sets of production process units in the oil refinery area. The ethylene and oil refinery areas are separated by about 10 kilometers.