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    Home > Coatings News > Paints and Coatings Market > The total investment is 17.6 billion! Wanhua Chemical will build a new project!

    The total investment is 17.6 billion! Wanhua Chemical will build a new project!

    • Last Update: 2022-09-20
    • Source: Internet
    • Author: User
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    Global Coatings Network News: On September 7, Wanhua Chemical's 1.
    2 million tons/ year ethylene and downstream high-end polyolefin projects were accepted and publicized
    in environmental impact assessment documents.





    Project Name: 1.
    2 million tons / year ethylene and downstream high-end polyolefin project



    Construction: Wanhua Chemical Group Co.
    , Ltd.
    (hereinafter referred to as "Wanhua Chemical")



    Construction Site: Yantai Chemical Industry Park, Yantai Economic and Technological Development Zone (after expansion)



    Construction properties: new ethylene



    Construction contents: including 1.
    2 million tons / year ethylene cracking device (including 90,000 cubic meters / hour PSA), 550,000 tons / year cracking gasoline hydrogenation unit (including 30,000 tons / year styrene extraction unit), 400,000 tons / year aromatics extraction unit, 200,000 tons / year butadiene plant, 250,000 tons / year LDPE device, 2×20,000 tons / year POE device and other 7 sets of devices, as well as supporting storage and transportation projects, public works and auxiliary facilities, environmental protection engineering, etc.
    , part of the project storage and transportation, Public auxiliary facilities and environmental protection projects rely on Wanhua Chemical's existing or under construction projects
    .



    Operation time: 8000 hours of operation per year



    Total investment: 17.
    6 billion yuan



    Construction period: The project is scheduled to start construction in October 2022 and be completed and put into operation
    in December 2024.



    The project covers an area of 81 hectares



    The new capacity of the whole plant: 464 people



    Description of the general route of the process



    This project uses naphtha and ethane as raw materials to crack and produce ethylene and propylene, mixed C4, cracked gasoline, cracked fuel oil, crude hydrogen and fuel gas methane hydrogen and other products for downstream production or export
    .
    Raw materials naphtha and ethane are purchased from the market, partially cracked gasoline and mixed C4 are provided by the ethylene phase I device, and raw materials such as methanol, propionaldehyde, peroxides and various additives are purchased
    from the market.



    Polymer grade ethylene is used as raw material for downstream POE devices and LDPE devices, and the rest is supplied to the park
    .



    A small amount of polymeric grade propylene is used as raw material for the LDPE device, and the rest is used
    in the park.



    After the crude hydrogen produced by-product is purified by the PSA hydrogen extraction unit, it is partially used by the 550,000 tons/year cracking gasoline hydrogenation unit and THE POE device, and the rest is sent to the hydrogen pipeline network
    of the whole plant.



    The by-product fuel gas methane hydrogen is used by the ethylene cracker for its own use, and the insufficient part is provided by the fuel gas pipeline network of
    the park.



    The mixed C4 produced by the project's ethylene plant is used as raw material
    for the 200,000 tons/year butadiene plant, together with the mixed C4 produced by the phase I ethylene.



    The cracked gasoline produced by the ethylene unit of this project is used as the raw material
    for the 550,000 tons/year cracked gasoline hydrogenation unit together with the cracked gasoline produced by the first phase of ethylene.



    The hydrogenated gasoline (C6~C8 fractions) produced by the cracking gasoline hydrogenation unit is used as a raw material
    for the downstream aromatic hydrocarbon extraction unit.



    Cracking fuel oil is sold
    as a product.



    It is reported that the company recently received the Shandong Provincial Development and Reform Commission "on the approval of Wanhua Chemical Group Co.
    , Ltd.
    1.
    2 million tons / year ethylene and downstream high-end polyolefin project approval", according to the approval results, the Provincial Development and Reform Commission agreed to Wanhua Chemical to build the 1.
    2 million tons of ethylene and downstream projects
    .

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