Main directions of innovation and transformation of the refining industry

Judging from the situation facing the petroleum and petrochemical industry, market demand is changing.
The quality of oil continues to upgrade, the planning of new energy vehicles is accelerating, the diesel-to-gas ratio continues to decrease, the long-term growth of jet fuel and chemical light oil, and the new policy of low-sulfur ship-burning bring market opportunities; the long-term growth of petrochemical capacity and demand but the slowdown in growth, new Demand for products and new functional materials has increased significantly, degradable materials ushered in a good opportunity under the plastic ban, and the construction of free trade zones and internal circulation promoted new demand.

Industry constraints are tightening.
In the context of safety, environmental protection, and energy conservation, especially the introduction of carbon peak and carbon neutral targets, the petrochemical industry itself and industrial synergy have been affected.
Industry competition is intensifying.
Production capacity, layout, and high-end products tend to be homogenized, and competition with foreign and domestic companies has intensified, and there are higher requirements for resources, technology, market, innovation capabilities, and industrial coordination.
Its own structure is being adjusted.
The layout is centralized, base-based, and integrated along the coast, and production capacity is replaced under macro-control.
The products are diversified to reduce the ratio of diesel to gasoline, increase the production of jet fuel, new materials and degradable plastics, new energy and biomass energy.
Industrial boundaries are expanding.
From traditional oil refining, chemical industry, and sales to more new energy, new economy, new fields such as clean energy, synthetic materials, and comprehensive solution/service solution providers.
Market construction is being regulated.
The national level is constantly improving legislation, strengthening supervision, and taking special actions one after another to make the petrochemical industry more standardized.

Cao Dongxue, a senior expert of Sinopec Group Corporation and chief expert of the Refining Division, said that traditional refining companies vigorously adjust product structure and plan transformation and development have become a historical necessity.
The refining transformation is divided into two stages.
The main feature of the primary transformation stage is the structural excess of refining capacity, rather than the overall surplus; the refining transformation is mainly reflected in the adjustment of the refining product structure and the upgrading of product quality driven by environmental protection.
In the development stage of in-depth transformation, the main feature is that there is no new demand for traditional oil products, and the refining capacity is fully surplus; the main direction of the transformation is to produce less or no oil products, and vigorously produce chemicals, low-sulfur marine fuels and other products; production costs Further control, advocating new power center and other supporting systems; processing according to the crude molecular state of crude oil, reducing circulation, increasing the utilization rate of carbon and hydrogen atoms, saving energy and reducing consumption; refining increasingly loses the special requirements and device characteristics required for the production of oil products , Integrated with chemical industry, coal chemical industry, power center, etc.
, and finally integrated; new and high-efficiency technologies play an increasingly critical role in supporting competitiveness; digital transformation, intelligent development, and new energy transformation play a more important role.

With the liberalization of national industrial policies, the main body of investment in refining and chemical production capacity has become diversified.
With the slowdown in demand for refined oil products and the structural surplus of refining capacity, the transition from refining to chemical industry has become the mainstream direction of refining structural adjustment.
During the 13th Five-Year Plan period, the primary refining transformation has been basically completed, and the deep refining transformation will become the mainstream in the future.

Building an Internet platform for the petrochemical industry

Li Jianfeng, chief expert of information and digitalization of Sinopec Corporation and deputy general manager of the information and digital management department, introduced at the meeting Sinopec's development of intelligent construction and exploring the path of enterprise "from large to strong".
The development of a new generation of information technology has brought a profound impact on the development of the petroleum and petrochemical industry.
Actively responding to the challenges of the digital revolution and accelerating digital transformation are the inevitable choices for the upgrading of traditional industries.
Petroleum and petrochemical industries span multiple industries such as mining, manufacturing, and services.
The new generation of information technology has rich application scenarios and broad development prospects in the field of petroleum and petrochemical industries.
In 2012, Sinopec began planning and designing the construction of smart factories.
In 2013, the pilot project was launched, and four companies went online in 2015.
At the end of 2018, Zhenhai Petrochemical and Maoming Petrochemical's two corporate upgrade projects were launched as a whole, and the promotion and construction of 6 corporate smart factories 2.
0 were launched, and certain application results have been achieved.
Looking forward to the "14th Five-Year Plan", Smart Factory 3.
0 version will realize the digital, networked, and intelligent transformation of the value chain through the application of production, service, finance, and management cloudification, and focus on the development of new businesses, new formats, and new models.
Diversified industrial application ecology.

Wang Weimin, a senior expert from Sinopec Group Corporation, shared the case and effect of the Internet of Things construction and digital application of refined oil storage and transportation.
The infrastructure construction of the Internet of Things has promoted the revolution of the storage and operation industry, and has produced obvious effects in the links of purchase, storage, oil distribution, and sales: it replaces manual measurement and improves labor efficiency per capita; promotes logistics through real-time inventory monitoring and sales data forecasting Active distribution improves the accuracy of distribution; promotes the transfer of ground tanks, closes the acceptance, shortens the oil stabilization time, implements automatic inventory, and reduces the time for inventory and unloading in the station by 90%; optimizes logistics while reducing ton oil costs, helping to reduce The original effect.