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Sinochem rolls out Quanzhou petrochemical project
17
Jul '14
With all its 19 units successfully passed the trial run, Sinochem Quanzhou 12 million MT/a refining project (hereinafter referred to as Sinochem Quanzhou refining project), invested solely by Sinochem Group, was officially rolled out on July 9th.
 
Located in Quanhui Petrochemical Industrial Park of Quanzhou, Fujian Province, Sinochem Quanzhou refinery is a key project in Fujian Province and China’s Twelfth Five-Year Plan period. The total investment of the project is nearly RMB30 billion. All its gasoline and diesel products meet Euro V emission standards.
 
The project has a total of 19 units, including those related to such processes as atmospheric and vacuum distillation, residue hydrotreating, VGO hydrocracking, continuous reforming, heavy oil catalytic cracking, delayed coking, and polypropylene, as well as supporting dock and storage facilities. The project is expected to generate an annual gross sales revenue of nearly RMB70 billion, with over RMB12 billion in tax and profits contribution.
 
Sinochem Quanzhou refining project is designed and constructed in accordance with "domestically leading and world advanced" standards, and Sinochem Group is committed to building the project into a large-scale, modern refining enterprise characterized by advanced techniques, resource efficiency, environmental friendliness and sustainable development. The project enjoys significant advantages domestically in safety and environment protection, energy-saving and emission-reduction, general layout and general process, technical plan, unit scale, product quality and market suitability.
 
Domestically or internationally advanced technologies have been adopted for its principal units: both the catalytic cracking unit and atmospheric and vacuum distillation unit employ domestic techniques with internationally advanced standards; most advanced international techniques have been introduced for the residue hydrotreating unit, the hydrocracking unit and the continuous reforming unit; the oil refining process adopts "residue hydrotreating + delayed coking + catalytic cracking" scheme. The project features high energy efficiency, with its BT energy consumption index reaching 131.2%, a leading level among domestic refineries; the installation can be made to suit any desired diesel-gasoline ratio within the range of 1.2-2.3, based on actual market demand.


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