Start a blockbuster new project! The PetroChina company is about to usher in a major leap forward

After three years of planning and a total investment of 33.
9 billion yuan, Jilin ushered in the transformation and upgrading project of PetroChina Jilin Petrochemical Company, the largest single investment in the province so far in February this year
.

At the launching ceremony, Jing Junhai, secretary of the Jilin Provincial Party Committee, and Dai Houliang, chairman of the board of directors and secretary of the party group of China National Petroleum Corporation, who was connected by video in Beijing, touched the starter at the same time, and the project construction officially opened the curtain
.

On the same day, Han Jun, deputy secretary of the Jilin Provincial Party Committee and governor of Jilin Province, and Hou Qijun, general manager and deputy secretary of the party group of China National Petroleum Corporation, delivered speeches
.
Two senior executives of the central enterprise and the first and second leaders of the local provincial government attended the ceremony, and such a high-level launching ceremony was enough to see the importance
attached by both sides to this project.

Where is the pain point behind PetroChina's large-scale investment in the transformation of petrochemical enterprises? And what is the strategic significance?

01The only way under the pressure of carbon reduction

The petrochemical industry with high energy consumption and high emissions is facing the pressure of environmental protection, and the transformation and upgrading has become urgent, and there is no room for compromise and hesitation
.

The National Development and Reform Commission held a meeting last year to point out that all regions should carry out in-depth investigation of the "two supreme" projects, prescribe strong drugs and emergency drugs for the right situation, and resolutely stop the momentum
of the sharp increase in energy consumption in some areas.

Under the serious requirements of the central government, local governments have taken action to investigate and control
.
Last year, the factory shutdown and production reduction storm swept through many provinces and cities across the country, including the three eastern provinces, which brought a lot of impact to the practitioners, but also brought vigilance
.

For some small and medium-sized enterprises, whether they can cross the barrier of environmental protection is a big issue
related to survival.
The "double carbon" process continues to advance, the state maintains a high-pressure situation on environmental protection work, and the huge central enterprises are also facing increasing challenges
.

At the end of December last year, the State-owned Assets Supervision and Administration Commission issued the "Guiding Opinions on Promoting the High-quality Development of Central Enterprises to Do a Good Job in Carbon Peak and Carbon Neutrality", which pointed out that central enterprises should strictly control high-energy-consuming and high-emission projects and resolutely shut down high-energy-consuming and high-emission projects
that do not meet the requirements of relevant policies.

The circular requires central enterprises to promote the transformation and upgrading of traditional industries, accelerate the elimination of backward production capacity, and accelerate the innovation and digital transformation
of low-carbon processes in industrial industries such as petrochemical industry.

On February 11 this year, the National Development and Reform Commission issued the "Implementation Guide for Energy Conservation and Carbon Reduction Renovation and Upgrading in Key Areas of High Energy Consumption Industries (2022 Edition)", which gives detailed the transformation guidelines for
17 major energy-consuming industries.

In the refining industry, the guidelines require the elimination of atmospheric pressure reducing devices of 2 million tons / year and below, kettle-type distillation units that produce oil products by open flame and high temperature heating, etc.
; Ethylene industry, to accelerate the elimination of ethylene plants below 300,000 tons / year; For the xylene industry, accelerate the elimination and withdrawal
of paraxylene devices with a single series of less than 600,000 tons/year.

For petrochemical enterprises, on the one hand, the strict elimination of backward production capacity by policies, on the other hand, the increasingly tight competitive space within the industry is whipping up the pace
of transformation and upgrading of the industry.

According to the China Petroleum Economic and Technical Research Institute, China's refining capacity continued to grow rapidly last year, reaching 910 million tons per year, surpassing the 907 million tons per year in
the United States.
This year, China's total refining capacity is expected to reach 937 million tons per year, continuing to rank first in the
world.
The continuous growth of refining capacity has brought severe overcapacity pressure, the northeast and even the whole country are strong like clouds, and the industry reshuffle is
accelerating.

Grasping the opportunity brought by green development and moving towards low-carbon, digital and high-end is the only way
for petrochemical enterprises.
Large petrochemical state-owned enterprises take the lead in paying for transformation and upgrading, which means that it is also very obvious
.

02 Petrochemical "Big Brother" turns "high precision"

The Jilin Petrochemical Transformation and Upgrading Project, which has been fully launched, is regarded as a "major landmark leading project"
jointly built by Jilin Province and China National Petroleum Corporation.

Han Jun, deputy secretary of the Jilin Provincial Party Committee and governor of Jilin Province, said that the relevant provincial and municipal departments will make every effort to provide the best policies, the best services and the best environment for the project construction in accordance with the deployment of the provincial party committee and the provincial government, and strive to build the project into a green low-carbon transformation demonstration project and an intelligent digital demonstration project
for refining and chemical enterprises.

From the perspective of specific project planning, 21 sets of refining and chemical plants such as 1.
2 million tons / year ethylene will be built, 9 sets of units will be transformed, and 7 sets of small-scale, backward technology, high energy consumption and low efficiency will be stopped at the same time
.
Eliminate backward small production capacity, launch high-end large projects, and improve enterprise efficiency and the level of
refining and chemical integration.

After the implementation of the project, the company will reduce oil production by 2.
63 million tons / year and increase chemical production by about 2.
8 million tons / year
under the premise of keeping the crude oil processing capacity unchanged.
Reduce oil and increase the amount of oil to promote the strategic optimization and adjustment
of PetroChina's refining and chemical business layout in the northeast region.

At that time, the petrochemical industry chain of Jilin will be further extended, and the production capacity of superior chemical products ABS, acrylonitrile and methyl methyl ester will lead the country; Ethylene propylene rubber, styrene, high-density polyethylene scale advantages to give full play; New EVA products, bisphenol A, butyron rubber and other products, the product structure is more reasonable
.

As one of the important petrochemical bases of PetroChina in Northeast China, Jilin Petrochemical Company has developed to have a crude oil processing capacity
of 10 million tons / year.
Accompanying China's industry for more than 60 years, it is known as the "eldest son" of China's chemical industry, in the context of the increasingly fierce competition in the industry, it has stepped onto a new starting point for transformation and upgrading, produced "high-tech" products, taken the road of high-end development, and "Big Brother" has regained new opportunities and new atmosphere
.

According to the company, the project will be promoted according to the following plans: full start in 2022, construction climax in 2023, project handover at the end of 2024, new ethylene start-up in the first half of 2025, and some qualified devices strive to be put into production in advance by the end of 2023
.

According to this general idea, Jilin Petrochemical will use the strength of the whole company to fight the tough battle of project construction and ensure the high-quality, efficient and high-level progress of
project construction.
The successful landing of the project will recreate a new Jihua from the scale, reshape a new Jihua from the image, and complete the major leap
from transformation and upgrading to high-quality development.

03Jilin Petrochemical + Jilin Oilfield, strong and strong joint efforts to reduce emissions and consumption

Hou Qijun, a senior executive of PetroChina, said: "Relying on the long-term establishment of deep government-enterprise relations with Jilin Province, based on the solid industrial foundation of Jilin Petrochemical itself, we systematically plan and comprehensively promote the transformation and upgrading project of Jilin Petrochemical Company, form a 'Jilin model' and reflect the 'speed of oil', which will surely promote the transformation and upgrading of domestic traditional refining and chemical enterprises and the development of green and low-carbon, form a positive demonstration effect, and have a practical and long-term important impact
.
" ”

In terms of low-carbon transformation, the project is the first chemical project of PetroChina to use all green electricity, which is the first time and a highlight
of the project.

As a major carbon emitter, the petrochemical industry is the main battlefield for the "double carbon" goal, and the time to promote "green transformation" is tight and the task is heavy
.
PetroChina strives to make the project a model model and provide reference experience
for traditional refining and chemical enterprises.

On the one hand, it is to control energy consumption
.
According to reports, Jilin Petrochemical will take a variety of measures such as energy-saving process flow and comprehensive utilization of waste heat to control energy consumption
in the formulation of the overall project plan, the determination of the device process route, and the optimization of the public works plan.
The energy consumption indicators of the refining, ethylene and other units of the project are better than the national benchmark level
.

Another aspect is to reduce emissions
.
Relying on the "Three Gorges on Land" project in Jilin Province, under the systematic planning and overall support of China National Petroleum Corporation, the project will be implemented in conjunction with the Jilin Oilfield Wind and Photovoltaic Power Generation Project, and all the new electricity consumption for transformation and upgrading will be guaranteed by the green electricity of Jilin Oilfield, effectively reducing carbon emissions
.

According to the data, the "Three Gorges on Land" project is a strategic measure for Jilin to build a clean energy province, and comprehensive construction was launched at the end of October last year, and the main body of the project covers Baicheng, Songyuan and Siping Shuangliao in
the western part of Jilin Province.

By 2025, the installed capacity of new energy projects will reach 30 million kilowatts, the annual power generation capacity will reach 80 billion kWh, and the installed capacity and power generation will exceed the Three Gorges on the water; By 2030, its installed capacity target is three water Three Gorges
.

Jilin oilfield mineral rights have rich wind and solar resources, the use of new energy projects of oilfield enterprises, to provide assistance for the transformation and upgrading of petrochemical enterprises, PetroChina and Jilin combined with the unique local advantages, creatively put forward a green and low-carbon "Jilin model"
to promote the development of the two projects.

The petrochemical veteran of the China National Petroleum Corporation is striding towards a new stage
of green, low-carbon and high-quality development.
No one can avoid the big wave of the transformation of the times, and only by taking the initiative to change and go with the trend can we always stand at the head
of the huge wave.