Nuggets industry chain with the "hands of the market"-Behind Jilin Petrochemical's 9-month profit of 2.98 billion yuan

On October 27th, news came from the Jilin Petrochemical Company’s production and operation activities analysis meeting.

Increase device load

Recently, coal prices have been rising all the way, and the power supply is obviously insufficient.

In response to this, Jilin Petrochemical has stepped up efforts to implement power-saving measures on the one hand, and on the other hand actively increased the production load of chlor-alkali plants to ensure that the company is self-sufficient in the production of raw materials for fine chemical products and inorganic chemical products

According to statistics, in October, the load rate of Jilin Petrochemical Corporation's key efficiency equipment increased by 3.

Increasing production of innovative products

In addition to adjusting the production load with the hands of the market, Jilin Petrochemical Company also uses this to adjust the product structure to maximize benefits

Jilin Petrochemical adheres to the strategy of “drive if there is benefit, stop if there is no benefit”.

Facing the actual market situation where the production of sulfonation equipment was shut down and the main brand product CSM3304 was in high demand, Jilin Petrochemical organized technical backbones to exert their professional advantages and carried out research on model experiments, successfully realizing the substitution of new polyethylene raw materials, and getting out of the dilemma of continuous suspension of production of CSM3304 for 4 months

Reasonably adjust inventory

Jilin Petrochemical also seizes the "devil" raw materials to produce "devil" products, to take advantage of the price difference between the procurement and sales, and use the inventory of products and raw materials as a "regulator" to increase efficiency

Jilin Petrochemical is keeping an eye on the market timing of overcapacity and sharp price drop caused by the commissioning of new butadiene installations, and has made a decisive decision to purchase 3,500 tons of butadiene at the lowest price in early October

In response to the fact that the price of petroleum coke has risen in the market, Jilin Petrochemical has increased the export volume of its products

In addition, considering the recent tight coal supply, rising liquid ammonia prices, high downstream urea operation, the end of environmental inspections in many places, and the increasing demand for liquid ammonia, Jilin Petrochemical judges that the price of liquid ammonia is likely to continue to rise

"We optimized the reduction of warehouses to achieve the expected results.