On December 26 2018, Hengli Group’s 20 million t/a refining and chemical integration project commenced its operation in Changxing Island, Dalian. It is the first major refining and chemical project that the national refining sector has stretched for private enterprises and it has also become the first wholly-owned large-scale private refinery in China.
It is reported that the erection of Hengli’s project comprises processing unit like 20 million t/a atmospheric and vacuum, 11.5 million t/a heavy oil hydrogenation, 9.6 million t/a reforming, 4.5 million t/a aromatics, 1.3 million t/a dehydrogenation, and others such as supporting MTBE, isomerization, alkylation unit. As to its output, the project is designed to yield 9.92 million t/a gasoline, diesel, aviation kerosene, 4.5 million t/a aromatics, along with its spin-offs of 1.62 million t/a chemical light oil, 970 000 t/a benzene and 640 000 t/a liquefied gas.
Yang Guangzhi, Secretary of the Party Working Committee of Changxing Island Economic Technological Zone, pointed out that Hengli’s refining and chemical project has been considered as the domestically largest one-time construction, with the longest process flow, the highest correlation between upstream and downstream devices, the most complete supporting facilities as well as the most complicated technology. Furthermore, some of the achievements it acquired have been honored for being the best ones in a number of industries worldwide and it has set the fastest record of completing project with the same volume in its own industry.
Chen Jianhua, Hengli Group’s President and Chairman, said the project has a unique competitive advantage in its own auxiliary facilities and capacity integration. Its main auxiliary projects include self-contained coal-fired power plants; self-created coal to hydrogen, coal to methanol, coal to acetic acid, coal to syngas, coupled with its own crude oil terminal (two 300 000-ton-scale) and petroleum products terminal. The cost of making a set of auxiliary projects is considerably advantageous to Hengli. In addition, the 4.5 million t/a aromatics produced by the refining and chemical project will be directly piped into Hengli’s Petrochemical PTA plant adjacent to Changxing Island, an action that could basically achieves self-sufficiency available to match the production capacity amid upstream and downstream and spare abundant freight, tariff and loss compared with previous importing tack.
Subsequent to the commencement of operation of the whole industrial park, an annual output value of RMB300 billion and a profit and tax of RMB65 billion will be yielded.
