Recently, the opening ceremony of the Yulong Island Refining and Chemical Integration Project (Phase I) 600,000 tons/year acrylonitrile-butadiene-styrene resin (ABS) plant project undertaken by Shanghai Zhiying Chemical Technology Co., Ltd. was held at Yulong Petrochemical 5 The island was successfully held.

According to reports, Shandong Yulong Island Refining and Chemical Integration Project (Phase I) plans to build 20 million tons/year crude oil processing capacity and 2×1.5 million tons/year ethylene units, with a total investment of about 127.4 billion yuan and a construction period of 24 months . The project designs the total process flow according to the principles of less oil, Yifang and polyene, imports and processes Saudi light and Saudi heavy conventional sour crude oil, and vigorously develops downstream deep processing. The project aims to provide the largest amount of high value-added chemical raw materials while taking into account the quality of oil products, to build a world-class high-end petrochemical industry base.

Xue Kuanrong, general manager of Zhejiang Zhiying Petrochemical Technology Co., Ltd., said that the Yulong Island Refining and Chemical Integration Project is a landmark major project in Shandong Province that fully implements the conversion of old and new kinetic energy, and starts the structural adjustment of the petrochemical industry and the upgrading of butterfly transformation. As a model for the transformation of old and new kinetic energy and the adjustment of industrial structure in Shandong Province, the construction of this project will drive the integration of the 130 million-ton local refining industry in Shandong Province, which is of great significance for promoting industrial restructuring, transformation and upgrading, and improving the level of refining and chemical integration. Editor/He Yuting