Petrochemical
117.8 billion yuan! Yulong Petrochemical Project to be Approved
Seetao 2025-08-01 17:33
  • Yulong Petrochemical's downstream industrial chain project will create a world-class petrochemical new material industry base
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Recently, significant progress has been made in the downstream and extended industrial chain project of Shandong Yulong Petrochemical Co., Ltd., a major industrial project in Shandong Province. According to the public announcement of the Shandong Provincial Department of Natural Resources, the sea use application for this project has been officially accepted, and the public announcement period is from July 18 to July 31, 2025. This marks that the petrochemical industry upgrade project with a total investment of 117.8 billion yuan is about to enter the substantive construction stage.

The project is invested and constructed by Shandong Yulong Petrochemical Co., Ltd., and the Oceanographic Research Institute of Chinese Academy of Sciences undertakes the demonstration of sea area use. The project relies on the chemical basic raw materials provided by the Yulong Island Refining and Chemical Integration Project (Phase I) under construction, and plans to construct 56 sets of production facilities and supporting engineering facilities, with a focus on developing the high value-added petrochemical new material industry chain.

The main construction contents of the project include: the production of vinyl acetate, VAE lotion and other products with ethylene as raw material, of which the design capacity of high carbon alpha olefins is 300000 tons/year, and the design capacity of POE materials is 400000 tons/year; Using propylene as raw material to produce carbon fiber precursor, butyl alcohol and other products; Using C4 as raw material to produce new materials such as polyisobutene, with a designed production capacity of 20000 tons per year; Production of Nylon 66 (400000 tons/year) and Nylon 6 (300000 tons/year) using benzene as raw material; Production of special materials such as PI resin and PI film using aromatic hydrocarbons as raw materials; Construct supporting public works, auxiliary facilities, and production roads.

At the same time, Shandong Yulong Petrochemical Industrial Park 5 # Island Roundabout Road and Breakwater Project was also publicized, which was invested and constructed by Shandong Yulong Petrochemical Industrial Park Development Co., Ltd., and also provided technical support by the Institute of Oceanography of the Chinese Academy of Sciences.

Industry experts say that the implementation of this project will significantly enhance the high-end level of China's petrochemical industry and promote the transformation and upgrading of Shandong Province from basic petrochemical products to high value-added new materials. After the completion of the project, an integrated industrial chain from crude oil processing to high-end new materials will be formed, which is of great significance for optimizing the layout of China's petrochemical industry and enhancing the resilience of the industrial chain and supply chain.

The relevant departments in Shandong Province have stated that they will strictly comply with the requirements of marine environmental protection, scientifically demonstrate the project's sea use plan, and ensure the coordinated development of project construction and marine ecological protection. The final construction content and scale of the project will be subject to the approval of the government regulatory department. (This article is from the official website of Jian Dao www.seetao.com. Reproduction without permission is prohibited, otherwise it will be prosecuted. Please indicate Jian Dao website+original link when reprinting.) Jian Dao website new energy column editor/Yang Beihua

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