Hengli Petrochemical/Rongsheng Petrochemical: Relying on their respective advantages, develop an integrated industrial chain!

The core project of Zhejiang Petrochemical is a 40 million-ton petroleum refining and chemical integration project.

In terms of scale, Zhejiang Petrochemical has the following advantages:

1) Wide selection of crude oil varieties, reducing the cost of crude oil procurement: Zhejiang Petrochemical has set up four sets of atmospheric and vacuum units, which can process Saudi light, medium and heavy oil + Iranian medium + Iranian heavy + Brazil Frade high acid crude oil, etc.

2) Aromatics scale advantage: The reforming-aromatics combined unit, the scheme design of producing less diesel and more aromatics, makes the yield of aromatics products reach 27%, which is 20% for general refining and chemical enterprises, and expands the profit advantage of the unit;

3) Large-scale utilization of light hydrocarbons: The project has added a C1/C2 separation device, and the separated ethylene-rich/ethane gas is used as a raw material for cracking in the chemical industry; a C3/C4 separation device has been added to separate propane into PDH to produce propylene and saturated C4 To be the raw material for ethylene cracking, no LPG is sold, and the C1-C4 components can be completely squeezed out, making the best use of everything and enjoying the cost advantage

4) The supporting advantages of propane dehydrogenation.

Location Advantage:

1) Shanghai-Ningbo-Zhou Greater Bay Area: It concentrates the consumption areas of China's Yangtze River Delta, and has industrial clusters of oil refining and chemical industry, such as PX and downstream products PTA.

2) Low logistics cost: 70% of China's oil depends on imports, and it is a convenient choice to set up oil refining facilities along the coast.

Hengli Petrochemical - Refining Leader, Waiting for Underestimated Opportunities

Hengli Petrochemical is the industry leader in the earliest and fastest implementation of the strategic development of the whole industry chain of polyester new materials in China.

The advantages are reflected in the following aspects:

1) The company has a high degree of upstream and downstream integration, and has now formed a whole industry chain pattern of "crude oil-aromatic hydrocarbons, olefins-PTA, ethylene glycol-polyester new materials", which effectively reduces the cost of raw material procurement, the sales and management of intermediate products cost;

2) Explore the field of new materials: Kanghui New Materials, a subsidiary of the company, invests in the construction of functional polyester film and functional plastic projects with an annual output of 800,000 tons, including 470,000 tons of high-end functional polyester films and 100,000 tons of special functional films , 150,000 tons of modified PBT, 80,000 tons of modified PBAT

3) The largest PTA producer, after the Huizhou project is put into production, the company's PTA production capacity will reach 16.