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Shanghai ranks among world's top oil refining base
www.chinanews.cn 2005-02-23 13:06:15
Chinanews, Shanghai, Feb. 22 (By Li Jiajia) - Shanghai Petrochemical
fully streamlined its operations with its 8 million-ton decompressor this
afternoon, and started to produce various grades of low-pressure wax oil.
The decompressor was built with a total investment of 388 million yuan.
To date, the annual crude oil refining capacity of Shanghai has jumped to
14 million tons, propelling Shanghai into the ranks of world-class oil
refining bases in one go.
As one of the single-unit decompressor with the highest capacity in
China, this new oil refining equipment of Shanghai Petrochemical
commenced construction on December 31 in 2003. It cost 388 million yuan
and was completed after one year. This equipment uses advanced
technologies, such as three-section distillation technology and
high-efficiency low-consumption equipment, which effectively reduces the
cost and reflects the principle of integration.
As competition in the global petrochemical market becomes fiercer, the
world's current oil refining industry has been moving towards building
large-scale oil refining equipment with good adaptability, expanding
processing scale and promoting competitiveness through implementing
large-scale production. The operation of the decompressor with an 8
million ton capacity has laid a solid foundation for Shanghai
Petrochemical to expand its oil refining scale and fully optimize the
technological procedures. It has also greatly improved the capacity of
Shanghai Petrochemical to adapt changes in crude oil varieties, thereby
making Shanghai Petrochemical rank as a world-class oil refining base.
E-mail: zhangqinghua@chinanews.com.cn Tel: 8610-88387443 Fax:
8610-68327649
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