Nanjing Bidun Environmental Protection
40 Million Ton/Year Integrated Refining and Chemical Project
Shandong Yulong Petrochemical Co., Ltd. is a mixed-ownership enterprise controlled by private capital with state-owned enterprises as shareholders.
The 40 million ton/year Yulong Island Refining and Chemical Integration Project, invested and constructed by the company, is a major project for Shandong Province to promote industrial transformation and upgrading for high-quality development, as well as a benchmark project for the conversion of old and new growth drivers. The project adopts an overall planning approach and is implemented in two phases.
As Shandong Province's largest industrial project by single-investment scale, Phase I has a total investment of RMB 149.3 billion. Upon completion, it will achieve an annual capacity of 20 million tons of oil refining and 3 million tons of ethylene.
Estimated reduction of 4-5 million tons of CO₂ emissions annually after commissioning
Application of domestically produced ethylene triple machines and catalytic cracking technology
Shandong Province's largest industrial project by single-investment scale
Overall planning with implementation in two phases for optimal efficiency
The project innovatively applies domestically produced ethylene triple machines, adopts catalytic cracking technology to improve feedstock utilization efficiency, and realizes logistics synergy through supporting terminal projects. It is estimated that after commissioning, the project will reduce annual carbon dioxide emissions by 4-5 million tons, promoting the construction of a high-end low-carbon new material industrial base on the southern coast of the Bohai and Yellow Seas.