Sinochem Group set foot in oil refining sector at the end of 1980s. At present, its crude oil refining capacity reaches nearly 27MT/a, and we own a 33.8-square-kilometer industrial park operated solely by us. The 12MT/a oil refining project, Sinochem Quanzhou Petrochemical Co., Ltd., which is invested by Sinochem Group independently, was put into operation in 2014. In October 2017, Sinochem Quanzhou began its 1MT/a ethylene project and planned to complete by June 2020. In the future, Sinochem Quanzhou will boast 15MT/a refining output, 1T/a ethylene production and 2MT/a aromatics capacity. Sinochem Quanzhou will grow into a world class petrochemical industrial base integrating refinery, chemical and storage business.
Sinochem Group is also the biggest shareholder of West Pacific Petrochemical Company Ltd. Dalian——the first Sino-foreign oil refining factory in China.
The 12 MT/a oil refining project of Sinochem Quanzhou Petrochemical Co., Ltd. is one key project included in China’s 12th Five-year Plan. As a large modern oil-refining enterprise targeted for sustainable development featuring high efficient, energy-saving, clean and environment-friendly, healthy and safety, Sinochem Quanzhou Petrochemical Co., Ltd. has been built in accordance with high standards from the very beginning. It boasts a “domestically leading and globally prominent” design and construction level for aspects like single unit size, process route, process combination, environment protection measures, product quality, energy consumption level, and product adaptability to market.
For the smoothing operation of the refining project, the company has put 19 sets of advanced units as well as a complete supporting port and warehousing system in place. The “RDS+DCU+FCC” process scheme adopted by the project is the most cutting-edge one applied in the field and promises great adaptability with crude oil. Facilities employed by the project for atmospheric vacuum distillation, catalytic cracking, residual oil hydrogenation, diesel liquid phase hydrogenation are of domestic or even global leading level. And the major petrochemical products manufactured by the project like gasoline, diesel, kerosene, polypropylene all meet up national quality and environment protection criteria. Of them, the produced gasoline and diesel are up to European V standards, and the ratio of diesel to gasoline can be adjusted flexibly between 0.8-2.3 based on the market requirements.
Sinochem Quanzhou's 12 million MT/ a refining project