On the afternoon of March 26, the Liaoning Provincial Government held project talks with China North Industries Group Corporation and Saudi Aramco Oil Company in Beijing. Li Lecheng, Deputy Secretary of the Liaoning Provincial Party Committee and Governor of Liaoning Province, Liu Shiquan, Chairman of China North Industries Group Corporation, and Amin Nasser, President and CEO of Saudi Aramco, exchanged views on promoting project cooperation and jointly attended the fine chemical and raw material engineering project Shareholder agreement signing ceremony. The event was hosted by Liu Shiquan.
The total investment of the fine chemical and raw material engineering project is 83.7 billion yuan. The main body of the project is Huajin Aramco Petrochemical Co., Ltd. The shareholders are North Industries Group, Saudi Aramco, and Panjin Xincheng, with shareholding ratios of 51%, 30%, and 19%. It will mainly build an oil refinery with a daily processing capacity of 300,000 barrels and a chemical plant with an annual output of 1.65 million tons of ethylene and 2 million tons of p-xylene. Subject to obtaining the required administrative approvals, the project will begin construction in the second quarter of 2023 and is expected to be fully operational in 2026. Saudi Aramco will supply up to 210,000 barrels per day of crude oil.
According to the social stability risk assessment publicity conducted by China North Industries Group on the fine chemical and raw material engineering project a year ago, the proposed location of the project is located in the Panjin Liaobin Coastal Economic and Technological Development Zone (Liaodong Bay New Area). It is divided into three parts: oil refining, chemical industry and coal chemical industry.
Among them, the refinery part of the project has a total construction of 17
A set of production equipment, including atmospheric and vacuum equipment, light hydrocarbon recovery equipment, high propylene catalytic cracking equipment, gas separation equipment, carbon dioxide recovery equipment, product refining equipment, coal and diesel hydrogenation equipment, wax oil hydrocracking equipment, diesel hydrogenation Cracking unit, residual oil hydrogenation unit, gasoline hydrogenation unit, coker naphtha hydrogenation unit, aromatics complex, sulfur recovery unit, sour water stripping unit, solvent regeneration unit, delayed coking unit.
A total of 13 sets of production units will be built in the chemical part of the project, including ethylene units, ethylene oxide/ethylene glycol units, ethylbenzene/styrene units, 2 sets of high-density polyethylene units, full-density polyethylene units, 2 sets of
Set of polypropylene unit, hydrogen peroxide unit/propylene oxide unit, polyether polyol unit, butadiene extraction unit, pyrolysis gasoline hydrogenation unit, C4 unit.
The coal chemical part of the project will build 2 sets of production equipment, including coal-to-hydrogen joint and coal-to-hydrogen sulfur recovery equipment.