On October 19, the reporter learned from Luoyang Petrochemical that Sinopec Group Corporation held a meeting in Beijing recently, inviting experts from more than 10 units including China Chemical Society, China Synthetic Rubber Industry Association, and relevant representatives to form an evaluation expert group to evaluate millions of Luoyang Petrochemical. The feasibility study report of the 1-ton ethylene project will be comprehensively evaluated and demonstrated.
At the meeting, the evaluation expert group listened to the relevant reports of Luoyang Petrochemical, Sinopec Engineering Construction Company and Luoyang Engineering Company on the project, and focused on a comprehensive evaluation of the necessity of project construction, raw materials, product plans, markets, and process technologies. form an opinion. After the meeting, relevant units will revise and improve the feasibility study report according to the opinions of the expert group, and finally form and issue an evaluation report, and promote the project to enter the feasibility study report approval process.
Luoyang Petrochemical’s million-ton ethylene project completed the feasibility study report in May this year and submitted it to the headquarters for review, and started the feasibility study report demonstration work in mid-June. After the completion of the project, it will accelerate the transformation and development of Luoyang Petrochemical and enhance the ability of enterprises to resist risks, thereby driving the transformation and upgrading of the petrochemical industry in the province and promoting the high-quality development of the manufacturing industry in the central region.
The report of the city’s 12th Party Congress pointed out that industrial co-construction is an important starting point for promoting the high-quality development of the manufacturing industry. Focusing on the theme of building a close cooperation industrial circle, Luoyang City will speed up the construction of the high-end petrochemical industry belt in Luojijiao, actively carry out the preliminary work of Luoyang Petrochemical’s million tons of ethylene, and strive to promote the completion and commissioning of major projects such as one million tons of ethylene by 2025.
According to public information, the ethylene project is located in the Petrochemical Park of the Advanced Manufacturing Development Zone, Mengjin District, Luoyang City.
Mainly build 13 sets of process units including 1 million tons/year steam cracking unit, including 1 million tons/year steam cracking unit and subsequent high-performance metallocene polyethylene m-LLDPE, full density polyethylene, high-performance multimodal high density Polyethylene, high performance copolymerized polypropylene, high impact polypropylene, ethylene-vinyl acetate polymer EVA, ethylene oxide, acrylonitrile, acrylonitrile-butadiene-styrene ABS, hydrogenated styrene-butadiene inlay Segment copolymer SEBS and other devices and supporting public works. The total investment of the project is 26.02 billion yuan. After it is completed and put into operation, it is estimated that the annual operating income will be 20 billion yuan, and the tax revenue will be 1.8 billion yuan.
As early as December 27 last year, the Luoyang Municipal Bureau of Natural Resources and Planning of Luoyang City explained the land application for the ethylene project, which mentioned that the project has been submitted for approval of 803.6 mu of construction land, and it is also planned to be submitted for approval in 2022. 822.6 mu of urban construction land was approved.
Post time: Nov-03-2022