In the first half of the year, there were frequent big moves, and Sheng Hong had a new layout in these major areas

In order to give full play to the large-scale and integrated platform of the refining and chemical industry chain, and to further enrich the structure of refining and chemical products, Shenghong Group, as one of the leading private refining and chemical enterprises, has recently made great efforts to improve the layout of the entire industrial chain, and both upstream and downstream have made great efforts.

.

In order to give full play to the large-scale and integrated platform of the refining and chemical industry chain, and to further enrich the structure of refining and chemical products, Shenghong Group, as one of the leading private refining and chemical enterprises, has recently made great efforts to improve the layout of the entire industrial chain, and both upstream and downstream have made great efforts.

.

Refining and chemical integration, striving to achieve the goal of " 6.
30" CCCC

Refining and chemical integration, striving to achieve the goal of " 6.
30" CCCCRefining and chemical integration, striving to achieve the goal of " 6.
30" CCCC

On June 2 , Shenghong Group released the latest progress of the integration project
.

To achieve the "6.

On June 2 , Shenghong Group released the latest progress of the integration project

The Shenghong Refining and Chemical Integration Project is a key project of the national "Petrochemical Industry Planning and Layout Plan" and a key project of Jiangsu Province.
It is located in the Petrochemical Industrial Park, Xuwei New District, Lianyungang City, Jiangsu Province, which is the seven major petrochemical industry bases in the country.

With the commissioning of the "Shenghong Refining and Chemical Integration" project, the remaining products can be sold in the zone after the products are used for their own use.

In addition to traditional sales channels, Shenghong has reached a strategic cooperation with the National Pipeline Network Group in November 2020.
The two parties will jointly build and operate the Lianyungang - Xuzhou - Zhengzhou refined oil pipeline and supporting oil depot projects .
It marks that Sheng Hong has taken a crucial step towards building a complete sales channel for refined oil products .

Cut into the field of polyurethane

Cut into the field of polyurethaneCut into the field of polyurethane

On May 14 , Dongfang Shenghong issued an announcement about Hongwei Chemical's investment in POSM and polyol projects
.

On May 14 , Dongfang Shenghong issued an announcement about Hongwei Chemical's investment in POSM and polyol projects
.

According to the announcement, Jiangsu Hongwei Chemical Co.

, Ltd.
, a three-tier subsidiary of the company, will invest in the construction of POSM and polyol projects.

According to the announcement, Jiangsu Hongwei Chemical Co.

The scale of the ethylbenzene unit will be 508,000 tons / year; the scale of POSM unit will be 20 / 450,000 tons / year; the scale of PPG unit will be 112,500 tons / year, and the scale of POP unit will be 25,000 tons / year

Serbon injected into listed companiesSerbon injected into listed companies

On May 12 , Oriental Shenghong announced that the company signed the "Agreement on Issuance of Shares and Payment of Cash to Purchase Assets" with Shenghong Petrochemical, Bohong Industrial, CCB Investment, and Bank of China Assets.
It intends to purchase its total holdings by issuing shares and paying cash.
Some Serbang 100% equity
.

The company intends to purchase 100% equity

On May 12 , Oriental Shenghong announced that the company signed the "Agreement on Issuance of Shares and Payment of Cash to Purchase Assets" with Shenghong Petrochemical, Bohong Industrial, CCB Investment, and Bank of China Assets.

The designed production capacity of the built MTO device of Serbon is about 2.

"Meitou" industrial layout has been launched"Meitou" industrial layout has been launched

On April 19 , the People's Government of Ordos and Shenghong Holding Group Jiangsu Silbang Petrochemical Co.
, Ltd.
signed a green new material circular economy industrial park project investment agreement in Suzhou City, Jiangsu Province
.

Shenghong's 100 billion yuan investment project officially landed in Dalat Economic Development Zone
.

On April 19 , the People's Government of Ordos and Shenghong Holding Group Jiangsu Silbang Petrochemical Co.
, Ltd.
signed a green new material circular economy industrial park project investment agreement in Suzhou City, Jiangsu Province
.
Shenghong's 100 billion yuan investment project officially landed in Dalat Economic Development Zone
.

It is understood that the total investment of the project is 127 billion yuan, which will be carried out in two phases.
The first phase investment is 67 billion yuan.
It is planned to be fully completed by August 2024.
It will mainly build methanol and downstream production of acetic acid, formaldehyde, acrylic acid, and 1.
8 million tons / A variety of high-end new materials and fine chemical products such as olefins, degradable materials, super absorbent resins, etc.
are expected to achieve sales revenue of 23 billion yuan after the project is completed , and annual profits and taxes of about 3 billion yuan
.

It is understood that the total investment of the project is 127 billion yuan, which will be carried out in two phases.
The first phase investment is 67 billion yuan.
It is planned to be fully completed by August 2024.
It will mainly build methanol and downstream production of acetic acid, formaldehyde, acrylic acid, and 1.
8 million tons / A variety of high-end new materials and fine chemical products such as olefins, degradable materials, super absorbent resins, etc.
are expected to achieve sales revenue of 23 billion yuan after the project is completed , and annual profits and taxes of about 3 billion yuan
.

In addition, 3 Yuechu Honggang Petrochemical 240 Wandun PTA II project smoothly in the cross, to pre-production preparation and pre-production stage; the Rainbow fiber 20 Wandun differentiation of functional chemical fiber project, the bass technology annual output of 6 Wandun PET recycled fiber project was 2020 end of the year put into operation to contribute profits in the first quarter; 2 sets of 10 kw gas turbine cogeneration project under construction; Ruibang Technology 25 tons recycled fiber spinning project has been officially launched, the The project is the third largest green fiber industrial base launched by Dongfang Shenghong in Suqian after the two core industrial bases of Suzhou and Lianyungang
.
The development space of the entire industrial chain connected upstream and downstream is further expanded .

In addition, 3 Yuechu Honggang Petrochemical 240 Wandun PTA II project smoothly in the cross, to pre-production preparation and pre-production stage; the Rainbow fiber 20 Wandun differentiation of functional chemical fiber project, the bass technology annual output of 6 Wandun PET recycled fiber project was 2020 end of the year put into operation to contribute profits in the first quarter; 2 sets of 10 kw gas turbine cogeneration project under construction; Ruibang Technology 25 tons recycled fiber spinning project has been officially launched, the The project is the third largest green fiber industrial base launched by Dongfang Shenghong in Suqian after the two core industrial bases of Suzhou and Lianyungang
.
The development space of the entire industrial chain connected upstream and downstream is further expanded .