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Industry | China accounts for the fourth of the world's top ten petrochemical projects to be put into production!

 Last Update: 2021-03-28
 Source: Internet
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75em;">The driving effect of the petrochemical industry on the national economy is inexplicable, and petrochemical projects are also crucial to the extension of the downstream industrial chain.
Take the ethylene project as an example.
There are many kinds of fine chemical products downstream of ethylene.
If C4 and C5 are further processed and applied, an ethylene project can drive more than several times the investment.

The driving effect of the petrochemical industry on the national economy is inexplicable, and petrochemical projects are also crucial to the extension of the downstream industrial chain.
Take the ethylene project as an example.
There are many kinds of fine chemical products downstream of ethylene.
If C4 and C5 are further processed and applied, an ethylene project can drive more than several times the investment.

75em;">Large-scale petrochemical projects are capital-intensive and technology-intensive industries.

Looking forward to 2020-2021, there will still be multiple refining and ethylene projects put into production.

75em;">The major petrochemical projects that will be put into production in 2020-2021 mainly include:

75em;">1.

A 50% joint venture project (PIC project) between Petronas and Saudi Aramco

75em;">Among them, Pengerang Refining Company Sdn.

Bhd.

75em;">2.

Saudi Aramco Jazan Petrochemical Project

75em;">The project is a 20 million tons/year oil refining, while supporting 1 million tons/year PX, the project investment is about 6 billion US dollars.
Saudi Aramco announced in the second quarter of 2019 that the utility system of the oil refinery in Jazan has been put into operation, about a year later than originally planned.
However, Jazan is geographically close to the Yemeni border.
Taking into account the safety of the refinery, it is expected that it will be difficult for the refinery to be put into operation smoothly in the short term.
According to Saudi Aramco's latest prospectus, it is expected to operate at full capacity in the second half of 2020.

75em;">3.

Zhejiang Petrochemical Refining and Chemical Integration Project

75em;">Trial operation in May 2019.
On October 4, Zhejiang Petrochemical's 1.
4 million tons/year ethylene plant cracking gas compressor unit was successfully commissioned, marking the start of the project.
Zhejiang Petrochemical is a large-scale integrated refining and chemical project that has been put into production at one time.
After the hydrogen production link of the project is opened, gasoline and diesel refining and naphtha refining can be carried out.
The follow-up will accelerate the progress of catalytic reforming and catalytic cracking and related processes.
Device load.
Zhejiang Petrochemical is expected to be fully operational in the first half of 2020.

75em;">4.

Hengli Petrochemical 1.

75em;">The 20 million tons/year refining link achieved full capacity in the whole process in May 2019; the ethylene link, the first line of ethylene glycol was completed on November 25, 2019.
It is estimated that 1.
5 million tons/year of ethylene will be put into production in the first half of 2020.

75em;">5.

Hengyi Petrochemical Brunei 8 million tons/year oil refining project

75em;">On November 3, 2019, the "PMB Petrochemical Project" realized the whole process of the plant and was put into full production, smoothly producing gasoline, diesel, aviation kerosene, PX, benzene and other products.
The Brunei refining and chemical project completed the public works handover in March of this year; the main plant was completed in July and all the plants were transferred to the linkage test phase in the same month; in September, the atmospheric and vacuum plant produced qualified intermediate products.

75em;">6.

Turkey STAR Petrochemical Project

75em;">A 10 million tons/year oil refining project invested by the Azerbaijan State Oil Company (SOCAR) of 6.
3 billion USD The STAR refinery is the largest new refinery in Europe in the past few decades and the first new refinery in Turkey in the past 30 years.
All equipment of the STAR refinery has been put into operation at the end of March 2019.
STAR refinery delivered the first batch of Petkim naphtha to the market in January, and its diesel and aviation fuel entered the market in February.
On the downstream side, BP and Socar Turkey plan to build a new PX/PTA plant.
The project plans to invest US$1.
8 billion to build 840,000 tons/year PX and 1.
25 million tons/year PTA.
The new project is scheduled to be completed in 2023.

75em;">7.

Zhanjiang Zhongke Refining & Chemical

75em;">The total investment of the project is 38.
55 billion yuan, to build 10 million tons/year oil refining and 800,000 tons/year ethylene.
The main production country VI gasoline, diesel, aviation kerosene and other oil products and polyethylene, polypropylene, ethylene oxide and other chemical products.
The project has 31 sets of main devices.
On November 30, Zhongke Refining & Chemical's 200,000 tons/year polypropylene device, 350,000 tons/year polypropylene device, 350,000 tons/year high density polyethylene device, etc.
7 sets of production devices And a batch of production auxiliary projects have been handed over.
The project is scheduled to be fully completed by the end of 2019.
The project is expected to start up in the second half of 2020, and the main impact on the market will be in 2021.

75em;">8.

Gulei Refining and Chemical Integration Project

75em;">The total investment estimate is 27.
838 billion yuan, and the construction of 800,000 tons/year ethylene steam cracking, 300,000 tons/year pyrolysis gasoline hydrogenation, 250,000 tons/year aromatics extraction, 90,000 tons/year butadiene extraction, and 30 10,000 tons/year ethylene-vinyl acetate resin (EVA), 270,000 tons/year ethylene oxide/ethylene glycol (EO/EG), 600,000 tons/year styrene (EBSM), 350,000 tons/year Polypropylene (PP) and other chemical equipment and supporting public auxiliary projects.
On October 10, 2019, the first large-scale equipment of the Gulei Refining and Chemical Integration Project, the 800,000-ton/year ethylene plant quench water tower, arrived at the port near Gulei, marking the start of the modular construction and hoisting work of the large-scale equipment of the project.
The project is expected to affect the market after 2021.

75em;">9.

Satellite Petrochemical Lianyungang 1.

75em;">The project uses ethane and light hydrocarbon cracking, and downstream products such as polyethylene, EO/EG, acrylonitrile and so on.
At present, the storage tank area of the project has entered the installation, the wharf is under construction, and the main installation area has entered the full civil construction stage.
It is expected to enter the trial production stage after completion in the third quarter of 2020.
The project needs to be synchronized with the construction of the US ethane export facility, and it is expected to be fully operational in the first half of 2021.

75em;">10.

Lianyungang Shenghong Refining & Chemical

75em;">The project includes 16 million tons/year oil refining, 2.
8 million tons/year p-xylene, 1.
1 million tons/year ethylene and downstream derivatives, supporting 300,000 tons crude oil terminal and utility islands.
On November 18, 2019, the 1 million tons of ethylene glycol project broke ground.
The Shenghong Refining and Chemical Integration Project was listed as a major project in Jiangsu Province.
Construction began on December 14, 2018.
It is currently in the early stage of construction and is expected to be It will be completed and put into production in 2021.

75em;">Large-scale petrochemical projects are capital-intensive and technology-intensive industries.
Looking forward to 2020-2021, there will still be multiple refining and ethylene projects put into production.
It is foreseeable that the petrochemical industry will enter the era of meager profit in the future.
However, large-scale refining and chemical plants will come to the fore in market competition with cost advantages and growth potential.

Large-scale petrochemical projects are capital-intensive and technology-intensive industries.
Looking forward to 2020-2021, there will still be multiple refining and ethylene projects put into production.
It is foreseeable that the petrochemical industry will enter the era of meager profit in the future.
However, large-scale refining and chemical plants will come to the fore in market competition with cost advantages and growth potential.

75em;">The major petrochemical projects that will be put into production in 2020-2021 mainly include:

The major petrochemical projects that will be put into production in 2020-2021 mainly include:

75em;">1.
A 50% joint venture project (PIC project) between Petronas and Saudi Aramco

1.
A 50% joint venture project (PIC project) between Petronas and Saudi Aramco

75em;">Among them, Pengerang Refining Company Sdn.
Bhd.
is 15 million tons/year of oil refining, and Pengerang Petrochemical Company Sdn.
Bhd.
is 1.
3 million tons/year of ethylene.
The project was originally planned to be put into operation in early 2019, but in April 2019, an atmospheric residue hydrodesulfurization (ARDS) unit of the project was shut down after an explosion.
Petronas announced that both ARDS units in the refinery needed to be upgraded.
The first set of ARDS is expected to be put into use in June 2020.
According to Saudi Aramco's prospectus, the project is scheduled to run at full capacity in the second half of 2020.

Among them, Pengerang Refining Company Sdn.
Bhd.
is 15 million tons/year of oil refining, and Pengerang Petrochemical Company Sdn.
Bhd.
is 1.
3 million tons/year of ethylene.
The project was originally planned to be put into operation in early 2019, but in April 2019, an atmospheric residue hydrodesulfurization (ARDS) unit of the project was shut down after an explosion.
Petronas announced that both ARDS units in the refinery needed to be upgraded.
The first set of ARDS is expected to be put into use in June 2020.
According to Saudi Aramco's prospectus, the project is scheduled to run at full capacity in the second half of 2020.

75em;">2.
Saudi Aramco Jazan Petrochemical Project

2.
Saudi Aramco Jazan Petrochemical Project

The project is a 20 million tons/year oil refining, while supporting 1 million tons/year PX, the project investment is about 6 billion US dollars.
Saudi Aramco announced in the second quarter of 2019 that the utility system of the oil refinery in Jazan has been put into operation, about a year later than originally planned.
However, Jazan is geographically close to the Yemeni border.
Taking into account the safety of the refinery, it is expected that it will be difficult for the refinery to be put into operation smoothly in the short term.
According to Saudi Aramco's latest prospectus, it is expected to operate at full capacity in the second half of 2020.

75em;">3.
Zhejiang Petrochemical Refining and Chemical Integration Project

3.
Zhejiang Petrochemical Refining and Chemical Integration Project

Trial operation in May 2019.
On October 4, Zhejiang Petrochemical's 1.
4 million tons/year ethylene plant cracking gas compressor unit was successfully commissioned, marking the start of the project.
Zhejiang Petrochemical is a large-scale integrated refining and chemical project that has been put into production at one time.
After the hydrogen production link of the project is opened, gasoline and diesel refining and naphtha refining can be carried out.
The follow-up will accelerate the progress of catalytic reforming and catalytic cracking and related processes.
Device load.
Zhejiang Petrochemical is expected to be fully operational in the first half of 2020.

75em;">4.
Hengli Petrochemical 1.
5 million tons/year ethylene

4.
Hengli Petrochemical 1.
5 million tons/year ethylene

The 20 million tons/year refining link achieved full capacity in the whole process in May 2019; the ethylene link, the first line of ethylene glycol was completed on November 25, 2019.
It is estimated that 1.
5 million tons/year of ethylene will be put into production in the first half of 2020.

75em;">5.
Hengyi Petrochemical Brunei 8 million tons/year oil refining project

5.
Hengyi Petrochemical Brunei 8 million tons/year oil refining project

On November 3, 2019, the "PMB Petrochemical Project" realized the whole process of the plant and was put into full production, smoothly producing gasoline, diesel, aviation kerosene, PX, benzene and other products.
The Brunei refining and chemical project completed the public works handover in March of this year; the main plant was completed in July and all the plants were transferred to the linkage test phase in the same month; in September, the atmospheric and vacuum plant produced qualified intermediate products.

75em;">6.
Turkey STAR Petrochemical Project

6.
Turkey STAR Petrochemical Project

A 10 million tons/year oil refining project invested by the Azerbaijan State Oil Company (SOCAR) of 6.
3 billion USD The STAR refinery is the largest new refinery in Europe in the past few decades and the first new refinery in Turkey in the past 30 years.
All equipment of the STAR refinery has been put into operation at the end of March 2019.
STAR refinery delivered the first batch of Petkim naphtha to the market in January, and its diesel and aviation fuel entered the market in February.
On the downstream side, BP and Socar Turkey plan to build a new PX/PTA plant.
The project plans to invest US$1.
8 billion to build 840,000 tons/year PX and 1.
25 million tons/year PTA.
The new project is scheduled to be completed in 2023.

75em;">7.
Zhanjiang Zhongke Refining & Chemical

7.
Zhanjiang Zhongke Refining & Chemical

The total investment of the project is 38.
55 billion yuan, to build 10 million tons/year oil refining and 800,000 tons/year ethylene.
The main production country VI gasoline, diesel, aviation kerosene and other oil products and polyethylene, polypropylene, ethylene oxide and other chemical products.
The project has 31 sets of main devices.
On November 30, Zhongke Refining & Chemical's 200,000 tons/year polypropylene device, 350,000 tons/year polypropylene device, 350,000 tons/year high density polyethylene device, etc.
7 sets of production devices And a batch of production auxiliary projects have been handed over.
The project is scheduled to be fully completed by the end of 2019.
The project is expected to start up in the second half of 2020, and the main impact on the market will be in 2021.

75em;">8.
Gulei Refining and Chemical Integration Project

8.
Gulei Refining and Chemical Integration Project

The total investment estimate is 27.
838 billion yuan, and the construction of 800,000 tons/year ethylene steam cracking, 300,000 tons/year pyrolysis gasoline hydrogenation, 250,000 tons/year aromatics extraction, 90,000 tons/year butadiene extraction, and 30 10,000 tons/year ethylene-vinyl acetate resin (EVA), 270,000 tons/year ethylene oxide/ethylene glycol (EO/EG), 600,000 tons/year styrene (EBSM), 350,000 tons/year Polypropylene (PP) and other chemical equipment and supporting public auxiliary projects.
On October 10, 2019, the first large-scale equipment of the Gulei Refining and Chemical Integration Project, the 800,000-ton/year ethylene plant quench water tower, arrived at the port near Gulei, marking the start of the modular construction and hoisting work of the large-scale equipment of the project.
The project is expected to affect the market after 2021.

75em;">9.
Satellite Petrochemical Lianyungang 1.
25 million tons/year ethylene project

9.
Satellite Petrochemical Lianyungang 1.
25 million tons/year ethylene project

The project uses ethane and light hydrocarbon cracking, and downstream products such as polyethylene, EO/EG, acrylonitrile and so on.
At present, the storage tank area of the project has entered the installation, the wharf is under construction, and the main installation area has entered the full civil construction stage.
It is expected to enter the trial production stage after completion in the third quarter of 2020.
The project needs to be synchronized with the construction of the US ethane export facility, and it is expected to be fully operational in the first half of 2021.

75em;">10.
Lianyungang Shenghong Refining & Chemical

10.
Lianyungang Shenghong Refining & Chemical

The project includes 16 million tons/year oil refining, 2.
8 million tons/year p-xylene, 1.
1 million tons/year ethylene and downstream derivatives, supporting 300,000 tons crude oil terminal and utility islands.
On November 18, 2019, the 1 million tons of ethylene glycol project broke ground.
The Shenghong Refining and Chemical Integration Project was listed as a major project in Jiangsu Province.
Construction began on December 14, 2018.
It is currently in the early stage of construction and is expected to be It will be completed and put into production in 2021.

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