Hengyi Petrochemical Brunei PMB petrochemical project fully put into operation

Hengyi Petrochemical announced on November 4 that the company's holding subsidiary, Hengyi Industrial (Brunei) .

The announcement shows that the Brunei refining and chemical project completed the handover of public works in March this year; the full handover of the main unit was completed in July, and all units were transferred to the linkage test section in the same month; in September, the atmospheric and vacuum units produced qualified intermediate produc.

According to Hengyi Petrochemical, the smooth commissioning of the Brunei refining and chemical project not only eliminates the uncertainty and risks during the construction period of overseas projects, but also has obvious advantages in the project itself, and can enjoy preferential tax policies for up to 24 years; crude oil procurement is convenient, and refined oil can be It is digested locally in Brunei and sold to Southeast Asia nearby; the cost advantage of public works and production equipment is obvious, which greatly reduces the unit production cost; at the same time, it has a natural location advantage, and there are obvious freight savings at both ends of production and sal.

The announcement stated that after the project is put into operation, it will complete the domestic and overseas coordinated allocation of the company's assets, truly realize the company's strategic goal of "one drop of oil, two threads", and gradually form a good pattern of international linkage and coordinated development from top to bott.