40 Million Ton/Year Integrated Refining and Chemical Project
The 40 million ton/year refining and chemical integration project, invested and constructed by Zhejiang Petrochemical Co., Ltd., is located in Zhoushan Green Petrochemical Base. It is a key supporting project for China (Zhejiang province) Pilot Free Trade Zone to build a complete oil and gas industrial chain.
The project covers a planned total area of 41 square kilometers with a total investment exceeding RMB 300 billion. It adopts a one-time planning and design approach and is implemented in two phases. The world's most advanced process technologies and production equipment are employed for the project construction, with a focus on developing aromatics, ethylene, and downstream deep-processing projects to produce high-demand chemical new materials and high-value-added chemicals.
Located in Zhoushan Green Petrochemical Base, supporting Zhejiang Pilot Free Trade Zone
Total investment exceeding RMB 300 billion across 41 square kilometers
World's most advanced process technologies and production equipment
One-time planning and design implemented in two phases for optimal efficiency
Upon completion of both phases, the project will reach a construction scale of:
The two phases of the project have been optimized as a whole, featuring mutual material supply, thorough resource utilization, and maximum value extraction from raw materials. Considering both technical and economic factors, the project gives full play to the advantages of "refining-chemical integration". The processing process is designed in accordance with the concept of "producing oil, aromatics, or olefins as appropriate" and the "molecular refining model". With mature technology and optimal economic benefits as the criteria, it strives to build the most competitive refining-chemical integration facility.