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On August 5th, the cracker of the first phase of the Bora Basel Light Hydrocarbon Comprehensive Utilization Project started trial operation.
At 1:59 on August 7th, the qualified ethylene product officially came off the line, which marked the opening of the whole process of the cracker.
Officially put into operation
.
The project was launched in July 2017 by Liaoning Baolai Chemical Co.
, Ltd.
(Liaoning Baolai for short) in accordance with the strategic positioning of Panjin to build a world-class petrochemical and fine chemical industry base, and actively implemented the chain-length system decision-making deployment proposed by the Municipal Party Committee and Municipal Government.
Construction started in October of that year
.
The total investment of the project is 17.
24 billion yuan, which is divided into 84 main projects.
The project uses 1.
645 million tons/year of various naphthas and light hydrocarbons provided by the refining project of Panjin North Asphalt Fuel Oil Co.
, Ltd.
and 1.
104 million tons/year of purchased propane, Using butane as raw material, build a 1 million t/a steam cracking ethylene plant and its downstream supporting devices, including a set of 350,000 t/a HDPE unit, a 450,000 t/a LLDPE/HDPE unit and a 350,000 t/a LLDPE/HDPE unit ton/year styrene plant
.
On September 5, 2019, LyondellBasell and Liaoning Bora signed a Memorandum of Understanding (MOU) in Panjin, Liaoning Province, reached a joint venture cooperation intention, and planned to implement a petrochemical industry project with a total investment of 12 billion US dollars (equivalent to about 80 billion yuan).
.
On March 31, 2020, the joint venture company passed the name change approval, and obtained the national anti-monopoly review on April 23, 2020.
At present, the two parties are preparing the requirements for the industrial and commercial registration change, and plan to formally complete the equity transfer in mid-August
.
The first phase of the light hydrocarbon comprehensive utilization project was completed in March 2020.
On May 25, the 450,000-ton/year LLDPE unit reaction zone of the Baolai Light Hydrocarbon Comprehensive Utilization Project undertaken by Sinochem No.
The unit conjoined mechanical test was successful once
.
After the first phase of the Polaris Basel Light Hydrocarbon Comprehensive Utilization Project is put into operation, it will effectively change the current industrial structure of the new area "heavy oil is turned into light", drive the construction of the downstream industrial chain of ethylene, drive the development of equipment manufacturing, transportation and warehousing and other related industries, and help the new area.
The petrochemical industry has expanded to high-precision fields, effectively promoting the construction of Panjin petrochemical and fine chemical industry bases, further promoting the development of Liaoning petrochemical industry in the direction of large-scale, green, high-end and clustering, and boosting the high-quality economic development of Panjin and Liaoning.
Provincial comprehensive revitalization, all-round revitalization
.
