Fujian Meizhou Bay Accelerates Building a National Petrochemical Industry Base

Recently, Sinochem Corporation invested 5 million tons/year heavy oil deep-processing project. The main plant area and oil pipeline gallery project have been fully started in the Quanhui Petrochemical Industrial Zone in Quanzhou City, Fujian Province. There are 4 berths ranging from 10,000 to 50,000 tons in Qinglanshan. The dock reclamation project has also been completed. Sinochem Corporation's deep oil deep processing project in Hui'an, with a total investment of 17.73 billion yuan, is planned to be completed by the end of 2011. On this basis, Sinochem will also develop a refining capacity of 12 million tons per year through the addition of installations and related storage and transportation facilities.
Relying on this leading project, here will form a petrochemical industrial chain with an annual output of 5 million tons of heavy oil deep processing, 12 million tons of oil refining, 1.2 million tons of ethylene and 600,000 tons of propylene, etc., to develop petrochemical midstream and downstream deep processing products first, so that Quanhui Petrochemical Industrial Zone Become a base of synthetic resin and fine chemical raw materials, and further develop into a production base for specialty textile and raw material and synthetic material post-processing products.
In 2007, the Fujian Provincial Government approved the "Plan for the Development of Meizhou Bay Petrochemical Base in Fujian Province" and proposed to establish a state-level petrochemical industrial base in Huanzhou Bay for 10-15 years. In fact, when the Fujian Refining and Chemical Integration project was put into trial production, Sinochem Corporation's heavy oil deep-processing project in Hui'an made it possible to see: from the Quangang and Quanhui petrochemical industrial areas on the south bank of Meizhou Bay to Putian on the north bank. Dongwu Petrochemical Industrial Zone, a national-level important petrochemical base has already appeared.
The Meizhou Bay waterway is straight and is a natural harbor with a wide water depth and depth. It can build more than 150 berths with a capacity of over 10,000 tons and a total handling capacity of over 400 million tons, which is very beneficial to the development of the petrochemical industry.
With the advancement of Hercynian construction, it has effectively expanded the development space in the Gulf of Ginza Bay area. The superior development conditions have attracted the attention of many strategic investors. Only on the south bank of Meizhou Bay, they have settled in Sinopec and Sinochem's two major oil companies. This concentration is rare in the country.
The Implementation Opinions of the Fujian Province in implementing the “Opinions” of the State Council to support Hercynian construction put forward: “Leading to guide the petrochemical industry to rationally allocate and allocate resources in accordance with the principles of base construction, large-scale production, and intensification, and to extend and improve the petrochemical industrial chain and promote synthetic resins. Synthetic rubber, synthetic fiber and new chemical materials and other industries are developed.” At the Meizhou Bay petrochemical base, one can see that with the advancement of leading projects and the acceleration of industrial agglomeration, the investment of central enterprises has further increased. The ethylene cracking unit of the Fujian Refining and Chemical Integration Project recently launched successfully and produced qualified products. This is the success of the last key equipment of the project. It indicates that Fujian Province has formed 12 million tons/year of oil refining and 800,000 tons/year of ethylene production capacity. Driven by this, at present, Quangang Petrochemical Industrial Area has settled in 39 petrochemical-related enterprises, with a total investment of 53 billion yuan; 17 projects such as Taishan Petrochemical Storage and Yongxing Chemical Fiber are under construction, and 12 caprolactams, etc. have exceeded 12 million US dollars. Petrochemical projects are being prepared. Sinopec plans to build a 12 million-ton/year oil refining project for the second phase of Fuzhou Refinery with a total investment of about RMB 24 billion, which will be reported to the National Development and Reform Commission for approval. In Quanhui Petrochemical Industrial Zone, a batch of over 10 million petrochemical midstream and downstream projects such as Keyi Microfiber has been put into operation and put into production. Qinglanshan 300,000 tons crude oil terminal and 1 million cubic meters oil storage area have been put into use. The preliminary work of 12 million tons/year of the Sinochem Quanzhou project is progressing in an orderly manner. At the same time, many domestic and foreign large-scale petrochemical companies are also optimistic about the Dongwu Petrochemical Industrial Zone and expressed their willingness to invest.
According to industry insiders, the petrochemical industry is both an energy industry and a raw material industry. It is the basic industry of the national economy and has a strong industrial linkage effect that can guide and drive the development of a large number of industries. To this end, the state encourages areas with favorable conditions along the coast to become bigger and stronger on the basis of existing petrochemical bases, and further develop in the direction of specialization, refinement, and high added value. The person in charge of the relevant departments in Fujian Province stated that with the acceleration of the 12 million tons refinery of Sinochem and the second phase of the integration of Fujian Petrochemicals and other key projects, the Meizhou Bay area will be built into a refinery base of 36 million tons per year, and will be built into countries. Petrochemical base.

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