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    Home > Chemicals Industry > Rubber Plastic News > [Plastic] What are the top 10 refining and chemical companies in China?

    [Plastic] What are the top 10 refining and chemical companies in China?

    • Last Update: 2021-06-08
    • Source: Internet
    • Author: User
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    At present, in order to enhance the international influence of domestic refining and chemical enterprises , large-scale refining and chemical integration enterprises are the direction of future development.


    Refining and chemical enterprises

    01.


    Hengli Group was founded in 1994, based on its main business and sticking to the industry, it is an international enterprise with the development of the entire industrial chain of oil refining, petrochemical, polyester new materials and textiles.


    As the first domestic modern refinery with a level of 20 million tons or more built at one time, Hengli Refining & Chemical has an internationally leading, domestic first-class level of process technology and equipment processing scale, and possesses domestically difficult-to-replicate and excellent complete industrial supporting capabilities, leading the industry Outstanding comprehensive competitive advantage has become the main source of the company’s current profit structure and the main driving force for performance growth.


    In 2020, following the commissioning of Hengli's refining and chemical project last year, this year will also be Hengli Petrochemical's second big year to promote the production of the entire industry chain and a critical period for the realization of the entire industry chain.


    Overview of Dalian Hengli Petrochemical Integration Project

    All raw materials for the company’s ethylene project are basically supplied by an upstream 20 million tons refinery.


    02.


    The 40 million tons/year integrated refining and chemical project of Zhejiang Petrochemical Co.


    On December 30, 2019, Rongsheng Petrochemical issued an announcement that the 40 million tons/year integrated refining and chemical project (phase one) was fully put into operation.


    Rongsheng Petrochemical announced that the company’s holding subsidiary Zhejiang Petrochemical Co.


    The commissioning of this project, on the one hand, will help the company build an integrated industrial chain of "crude oil-aromatics (PX), olefins-PTA, MEG-polyester-spinning-texturing", and realize high-quality and efficient large-scale production and reduce Product costs will further enhance the company’s profitability, enhance the company’s overall strength and anti-risk capabilities, and achieve leapfrog development; on the other hand, it will improve my country’s right to speak in the aromatics and ethylene industry to a certain extent, and drive the middle and downstream chemical products The production, processing and sales of the company can realize the economic and social benefits of the company.


    03, Shenghong Refining & Chemical

    Shenghong Group is a large-scale enterprise group in China, established in 1992 and headquartered in Shengze, Wujiang, Jiangsu Province.


    The scale of Shenghong Refining and Chemical Integration Project is: 16 million tons/year oil refining, 2.


    The total investment of the Shenghong Refining and Chemical Project is about 77.


    04, Gulei Petrochemical

    Fujian Gulei Petrochemical Co.


    The Gulei Refining and Chemical Integration Project is located at the Gulei Petrochemical Base in the Gulei Port Economic Development Zone, Zhangzhou, Fujian.


    05, Hengyi Brunei

    Hengyi (Brunei) PMB petrochemical project, as a major project in my country's "One Belt One Road" strategy, is a 10 million tons refining and chemical integration project jointly constructed by our company and the Brunei government.

    The project is located in Brunei Darussalam, with a total investment of approximately US$3.
    45 billion in the first phase.
    Relying on Brunei’s rich petroleum resources and a good investment policy environment, it adopts the most advanced petrochemical technology in the world to build 8 million.
    Tons/year atmospheric and vacuum unit, 2.
    2 million tons/year hydrocracking unit, 1.
    5 million tons/year aromatics combined unit, 2.
    2 million tons/year diesel hydrogenation unit, 1.
    3 million tons/year kerosene hydrogenation unit, 1 million tons /Year Flexible coking equipment, and supporting public works such as power station, wharf, tank farm, seawater desalination, etc.

    On November 3, 2019, after comprehensive commissioning, intermodal transportation and smooth operation, Hengyi Brunei PMB petrochemical project (hereinafter referred to as "Hengyi Brunei PMB Project") realized the whole process of the plant and was put into full production!

    On the evening of October 25, 2020, Hengyi Petrochemical (000703) announced its three-quarter report, which showed that the listed company completed revenue of 61.
    321 billion yuan in the first three quarters of this year and achieved a net profit of 3.
    057 billion yuan attributable to the parent, a year-on-year increase of 38.
    09%.

    06, CNOOC and Shell

    CNOOC and Shell Petrochemical Co.
    , Ltd.
    (CNOOC and Shell) was established in 2000 and is one of the largest Sino-foreign joint petrochemical companies with the largest investment in China.
    The investors are China National Offshore Oil Group Co.
    , Ltd.
    , Royal Dutch Shell Group and Guangdong Guangye Investment Group Co.
    , Ltd.
    , with Chinese and foreign parties each accounting for 50%.

    At 4:00 pm on May 17, 2020, the CNOOC and Shell Huizhou Phase III ethylene project strategic cooperation framework agreement was held in Guangzhou, Beijing, and The Hague in the Netherlands at the same time as the "cloud signing" ceremony.
    The total investment of the project is approximately US$5.
    6 billion (approximately RMB 39.
    6 billion).
    Yuan), located in Daya Bay.

    CNOOC, Shell Group and Guangdong Huizhou once again joined forces.
    The three-party cooperation began in the 1990s with the largest Sino-foreign joint venture project in China-the CNOOC and Shell Nanhai Petrochemical Project.
    The first and second phases of the CNOOC and Shell project have been completed and put into operation.
    China's largest ethylene production plant is also Shell's most profitable plant in the world, with an ethylene production capacity of 2.
    2 million tons per year, and it can provide more than 6 million tons of high-quality, diversified petrochemical products to the market every year.

    07, Quanzhou Petrochemical

    Sinochem Quanzhou Petrochemical Co.
    , Ltd.
    is located in Quanzhou City, Fujian Province.
    It was established in September 2006.
    It is a wholly-owned subsidiary of Sinochem Corporation (hereinafter referred to as "Sinochem").
    It undertakes Sinochem's 12 million tons/year oil refining The construction and operation tasks of the project and subsequent refinery expansion, 1 million tons/year ethylene project.

    The total investment of Sinochem Quanzhou Refining and Chemical Integration Project (Phase II) is about 32.
    5 billion yuan.
    Relying on the 12 million tons/year oil refining project that has been completed and put into production, 13 sets of refining and chemical equipment and related supporting storage and transportation, docks, Public utilities will increase the crude oil processing capacity to 15 million tons/year for refining, and implement a 1 million tons/year ethylene project (including 800,000 tons/year aromatics).
    The construction site of the project is located in Quanhui Petrochemical Industrial Zone (Dongqiao Town), Hui'an County, Quanzhou City, Fujian Province, covering an area of ​​approximately 6,541 mu.

    The process equipment and scale of the project are 11 sets of chemical equipment, including 1 million tons/year ethylene cracking unit, 100,000 tons/year EVA unit, 400,000 tons/year HDPE unit, and 200,000 tons/year EO/EG unit.
    , 200,000 tons/year PO/SM device, 350,000 tons/year PP device, 120,000 tons/year butadiene extraction device, 100,000/30,000 tons/year MTBE device/butene-1 device, 50 10,000 tons/year of pyrolysis gasoline hydrogenation unit, 350,000 tons/year of aromatics extraction unit, 800,000 tons/year of P2A unit; 2 sets of refining equipment, including newly built 3 million tons/year atmospheric distillation unit and 450,000 tons/year Tons/year refinery dry gas pre-refining device.

    PP

    08.
    Wanhua Chemical Yantai

    Wanhua Chemical (Yantai) Petrochemical Co.
    , Ltd.
    was incorporated on April 20, 2015 and is a wholly-owned subsidiary of Wanhua Chemical Group Co.
    , Ltd.
    The company is mainly responsible for the supply and marketing of the main raw materials and petrochemical products required by the petrochemical industry chain in Wanhua Yantai Industrial Park.
    The company's demand for liquefied propane is 900,000 tons/year, and the demand for mixed butane is 600,000 tons/year; the annual sales of propylene is 200,000 tons, propylene oxide is 260,000 tons, MTBE can reach 820,000 tons, acrylic acid and ester 440,000 tons, 100,000 tons of n-butanol and 40,000 tons of NPG, etc.
    The company's products are widely used in coatings, super absorbent resins, gasoline blenders and polyester resins.
    The company is committed to providing customers with high-quality services, and becoming the most competitive and internationally influential C3/C4 industrial chain basic chemicals and the most trusted business partner in the derivatives industry.

    Wanhua Petrochemical uses the propane chemical route.
    The existing propylene integration plus the ethylene integration under construction will bring the total propane processing capacity to more than 3 million tons, making it the largest propane chemical base in China.
    Propane is used in chemical production and can be divided into two routes: dehydrogenation and cracking according to the processing method.
    Propane dehydrogenation (PDH) uses propane as a single raw material, and almost all products are propylene.
    Wanhua’s propylene integration is the PDH route.
    Propane is generally used for cracking when the economy is particularly good, and some propane is mixed with naphtha as a raw material for cracking.
    The composition of the product is more complicated, and Wanhua's ethylene integration under construction uses propane as a single raw material for cracking.
    , The main products are ethylene and propylene.

    09.
    Nanshan Group Yulong Petrochemical

    Shandong Yulong Petrochemical Co.
    , Ltd.
    has completed the industrial and commercial registration in June 2019.
    The Yulong Island Refining and Chemical Integration Project (Phase I) is located on Yulong Island, Longkou City, Yantai City, Shandong Province.
    It is led by Nanshan Group and planned to be 40 million tons/ Annual refining and chemical integration project.

    On the afternoon of October 24, 2020, Shandong Province held a concentrated start-up of major projects, and 496 major projects started construction.
    The Yulong Island refining and chemical integration project was started at the same time, and the supporting project was signed.

    Yulong Island Refining and Chemical Integration Project (Phase I) is located on the 2# and 3# islands of Yulong Island, Longkou, Yantai City, Shandong Province.
    The project construction investment is about 127.
    4 billion yuan and the construction period is 24 months.

    The project plans to build 20 million tons/year crude oil processing capacity, mainly equipped with 10 million tons/year atmospheric distillation unit and 10 million tons/year atmospheric and vacuum distillation unit, light hydrocarbon recovery unit, desulfurization and sweetening unit, residue hydrogenation unit Refining process equipment such as ethylene, pyrolysis gasoline hydrogenation, aromatic extraction, butadiene extraction, EVA/LDPE and other chemical process equipment, supporting public works, auxiliary facilities and sea water desalination, sea water intake and drainage facilities.

    10.
    Dongming Petrochemical

    Shandong Dongming Petrochemical Group was founded in 1987.
    It has 7,000 employees, total assets of 30 billion yuan, and a crude oil processing capacity of 15 million tons per year.
    It is a collection of crude oil processing, petrochemicals, chlor-alkali chemicals, fine chemicals, natural gas chemicals and engineering.
    A super large petrochemical enterprise group integrating technology, real estate, refined oil (gas) sales, international finance, international trade, international investment, international logistics, infrastructure, culture and education, etc.
    , with diversified equity.
    Ranked No.
    188 in the “Top 500 Chinese Enterprises” in 2019, No.
    81 in the “Top 500 Chinese Manufacturing Enterprises”, No.
    55 in the “Top 500 Chinese Private Enterprises”, and No.
    11 in the “Top 500 Chinese Petroleum and Chemical Enterprises”.
    Ranked 5th in the "Top 100 Private Enterprises in Shandong".

    Speaking of refining, many people may have the first impression of Jinan Refinery, but Jinan Refinery belongs to Sinopec, not Shandong Refinery.
    Shandong Refinery is the largest refinery in Dongming Petrochemical.
    In 2019, it ranked in the top 500 private enterprises in China.
    The 55th place can be seen in strength.
    We introduced by querying information like this:

    Dongming Petrochemical Company was founded in 1987, currently has more than 4,000 employees, total assets of 12.
    6 billion yuan, of which fixed assets are 8 billion yuan, and it covers an area of ​​4.
    8 million square meters.
    It has a crude oil processing capacity of 6 million tons per year and a secondary processing capacity of 2.
    4 million tons per year.
    In 2009, it achieved sales revenue of 14.
    5 billion yuan, ranking 391st among the “Top 500 Chinese Enterprises” in 2010.
    It is among the 500 largest enterprise groups in China, the top 500 competitiveness of China’s large enterprise groups, the top 500 Chinese manufacturing companies, and the top 500 Chinese chemical companies.
    Strong, one of the top 100 enterprises in Shandong Province.
    The company has eight secondary groups, two management centers and nine functional departments.
    It has offices in Beijing, Jinan, Rizhao, Xinjiang, Shanghai, Hong Kong, Singapore and other places.
    It is a subsidiary of Hengchang Chemical Group Co.
    , Ltd.
    2007 Listed on the Singapore Stock Exchange in 2015.

    At present, Dongming Petrochemical, the largest refining giant in Shandong, will build the headquarters of Shandong Refining and Chemical in Jinan.

    (Keywords: Refining and Chemical Enterprise PP)

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