Recently, Sinopec Anqing Petrochemical Refinery Conversion Structure Adjustment Project was officially opened in Anqing Chemical Industry Park. This project is a demonstration project of Sinopec's "Ten Dragons" scientific and technological breakthroughs and the transformation and development of medium-scale oil refining enterprises. It has been declared to be included in the national "14th Five-Year Plan".
It is understood that the project focuses on the construction of a new heavy oil catalytic cracking unit to achieve the efficient conversion of heavy oil to low-carbon and aromatic hydrocarbons, reduce gasoline and diesel production, and produce more low-carbon olefins and aromatic hydrocarbons and other chemical raw materials. The total investment of the project is about 11 billion yuan and it will be constructed in two phases. Among them, the first phase investment is estimated at 6.6 billion yuan, and the total annual low-carbon olefin and aromatic hydrocarbon resources will reach 2.04 million tons after completion; the second phase investment is estimated at 4.4 billion yuan, which will increase the annual production capacity of chemical raw materials by 650,000 tons.
As a fuel-based refinery, 70% of Anqing Petrochemical's products are steam coal diesel. However, at present, my country's oil refining capacity is surplus, traditional oil products have been hit by the market, and with the growth of alternative energy sources, transformation and development are imperative. On the other hand, the market's increasing demand for chemical products, especially synthetic materials, but insufficient domestic production capacity, Anqing Petrochemical started to transform into a chemical refinery on time.
"The newly built device for this project is a 3 million ton/year heavy oil catalytic cracking (DCC) device independently developed by Sinopec and the world's leading level. After completion, we will eliminate backward production capacity, and the process equipment and environmental protection level will be further improved. "Said Huang Baocai, Anqing Petrochemical Development Planning Manager.
After the project is completed, it will mainly increase the production of chemical raw materials such as low-carbon olefins and aromatic hydrocarbons, significantly reduce the production of gasoline and diesel products, and the added value of the products will increase. At that time, Anqing Petrochemical's annual operating income may increase from the current 44.5 billion yuan to 50 billion yuan, and profits may exceed 3 billion yuan.