The chemical refinery ethylene integration projects invested by Fujian United Petroleum & Chemical Co., Ltd. have been officially put into trial production, and qualified chemical products have been produced. The move marks that China’s largest Sino-foreign equity joint-venture integrated chemical and petrochemical project has been fully commissioned. Fujian has since entered the ranks of a province with a petrochemical capacity of 10 million tons of refined oil and millions of tons of ethylene.
According to industry sources, after the project is completed and put into operation, it can produce 7.46 million tons of high-quality refined oil and 1.28 million tons of polyolefin products annually. The annual sales revenue exceeds 60 billion yuan, and the competitiveness of oil refining and ethylene is high. At the leading level in the Asia-Pacific region. The project will drive the development of the petrochemical industry, new materials, textiles, electronics, and automobiles in the mid-lower reaches, and promote the formation of petrochemical industrial clusters with a total value of more than RMB 150 billion in Quangang and surrounding areas.
According to reports, Linde Gas, Dongxin Petrochemical's cyclohexanone, and Quanning Plastics, which will be integrated with Fujian Refining and Ethylene Integrated Products, will be put into production or put into trial production this year, with 100,000 metric tons of styrene-butadiene rubber and 50,000 tons of butadiene per year. A large number of projects such as rubber and co-production of carbon dioxide will be fully started. It is estimated that by 2015, Quangang Petrochemical Industrial Park will have an annual production capacity of 24 million tons of oil refining and 2 million tons of ethylene.
According to industry sources, after the project is completed and put into operation, it can produce 7.46 million tons of high-quality refined oil and 1.28 million tons of polyolefin products annually. The annual sales revenue exceeds 60 billion yuan, and the competitiveness of oil refining and ethylene is high. At the leading level in the Asia-Pacific region. The project will drive the development of the petrochemical industry, new materials, textiles, electronics, and automobiles in the mid-lower reaches, and promote the formation of petrochemical industrial clusters with a total value of more than RMB 150 billion in Quangang and surrounding areas.
According to reports, Linde Gas, Dongxin Petrochemical's cyclohexanone, and Quanning Plastics, which will be integrated with Fujian Refining and Ethylene Integrated Products, will be put into production or put into trial production this year, with 100,000 metric tons of styrene-butadiene rubber and 50,000 tons of butadiene per year. A large number of projects such as rubber and co-production of carbon dioxide will be fully started. It is estimated that by 2015, Quangang Petrochemical Industrial Park will have an annual production capacity of 24 million tons of oil refining and 2 million tons of ethylene.
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