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Recently, the high-yield olefin catalytic cracking technology independently developed by Sinopec won the 2021 Best Petrochemical Technology Award from the American "Hydrocarbon Processing" magazine
The Best Petrochemical Technology Award is an award set by Hydrocarbon Processing, the most important professional core journal in the global petroleum refining and chemical industry.
The award-winning high-yield olefin catalytic cracking technology was jointly developed by Sinopec Shanghai Petrochemical Research Institute and Sinopec Engineering Construction Co.
Ethylene is the basic raw material of chemical products, known as the "mother of the petrochemical industry", and one of the important symbols to measure the development level of a country's petrochemical industry
In 2009, the high-yield olefin catalytic cracking technology achieved the first industrial application in China in Zhongyuan Petrochemical, a subsidiary of Sinopec
Yang Weimin, academician of the Chinese Academy of Engineering and president of Sinopec Shanghai Petrochemical Research Institute, said that in the next step, this technology will provide solutions for upgrading oil products and improving the olefin yield of ethylene plants, which will help alleviate the contradiction between supply and demand in the industry and help enterprises transform and upgrade.