Recently, Hengyi Petrochemical announced that in order to improve the company’s industrial layout in the field of caprolactam and related supporting production and gradually improve the company’s entire industry chain layout, the company or its The holding subsidiary plans to acquire 100% equity of Guangxi Hengyi New Materials held by Ningbo Jingren with its own funds of 508 million yuan.
Since Ningbo Jingren is a subsidiary of Hengyi Group The company, and Hengyi Group is the controlling shareholder of the company. The company’s chairman Qiu Yibo is also a shareholder and director of Hengyi Group. Vice Chairman Fang Xianshui is also a director of Hengyi Group. Director Mr. Ni Defeng is also the president, director, director and president of Hengyi Group. Lou Xiang is also a director of Hengyi Group. According to the provisions of Article 10.1.3 (2) and (3) of the “Shenzhen Stock Exchange Stock Listing Rules”, the transactions involved in the proposal are related transactions.
After the completion of this transaction, the listed company will hold 100% equity of Guangxi Hengyi New Materials. Through this transaction, the company will improve its industrial layout in the field of caprolactam and related supporting production, expand the company’s business scope in the field of caprolactam and improve its overall competitiveness, which will help improve the competitiveness of the industrial chain of listed companies and expand the company’s strategy in Guangxi. layout, improve the company’s profitability and enhance the company’s comprehensive strength.
Zhejiang Petrochemical: Setting multiple world records in 5 years
In March this year, Zhejiang Petrochemical The construction of the second phase project has started. The project is located on Yushan Island, Daishan County, Zhoushan City, with a total investment of 82.93 billion yuan, a total land area of 9,825 acres, and a total construction area of 500,000 square meters. The new main project mainly includes 20 million tons/year oil refining, 4 million tons/year of paraxylene, 1.4 million tons/year of ethylene and downstream devices. The construction period is 2020-2022, with a planned investment of 20 billion yuan in 2020.
Zhejiang Petrochemical’s 40 million tons refining and chemical integration project is a joint venture between Rongsheng Holdings, Juhua Group, Tongkun Holdings, and Zhoushan Haitou. It is an important supporting project for the Zhejiang Free Trade Zone to build the entire oil industry chain and implement the “three bases and one center” development strategy. It is of great significance to breaking the monopoly of the international high-end petrochemical industry and optimizing the layout of the national petroleum industry.
Hengli Petrochemical: the first company to open up the “crude oil-PX-PTA-polyester” industrial chain
On May 17, 2019, Hengli Petrochemical held a full commissioning ceremony for the 20 million tons/year refining and chemical integration project in Changxing Island, Dalian. Hengli Petrochemical has an annual PX design capacity of 4.5 million tons in the upstream, which is basically able to It meets the demand for PX raw materials with a downstream PTA production capacity of 6.6 million tons; the downstream chemical fiber products are rich in variety and positioned at the mid-to-high-end market demand, covering PET, POY, FDY, DTY, BOPET, PBT, IPY and other products.
Shenghong Petrochemical: New high-end textile + characteristic petrochemical industry chain
December 2018 On the 14th, Shenghong Petrochemical’s 16 million tons/year refining and chemical integration project officially started construction and is expected to be completed and put into operation in 2021.
Hengyi Petrochemical: Brunei refining and chemical project extends to oil refining
Hengyi (Text Lai) refining and chemical project processes 8 million tons of crude oil annually, mainly light oil, and adopts the “small oil head, large aromatics” process route. The main products include 1.5 million tons/year PX, 500,000 tons/year benzene, 300,000 tons/year tons/year toluene, 380,000 tons/year gasoline, 1.73 million tons/year diesel, 1.73 million tons/year kerosene, etc. Among them, all PX products are sold to domestic PTA factories, while gasoline and diesel are mainly sold to the international market, with a small amount sold locally in Brunei.
Hengyi Petrochemical has comprehensively improved its comprehensive competitiveness by realizing resource sharing and industrial synergy, and has gradually formed a “polyester + nylon” double fiber-driven petrochemical industry chain. The “Petrochemical+” multi-level and three-dimensional industrial layout is the core business, petrochemical finance and petrochemical trade are the growth businesses, and big data and intelligent manufacturing in the chemical fiber industry are the emerging businesses. The Brunei refining and chemical project further extends the petrochemical and chemical fiber industry chain of Hengyi Petrochemical from the chemical fiber industry to the oil refining industry.
Shandong Yulong Island: the future of integration and transfer of underground refinery
Shandong Yulong Island Refinery The chemical integration project has a planned total production capacity of 40 million tons/year, and the first phase plans to build a crude oil processing capacity of 20 million tons/year, mainly equipped with a 10 million tons/year atmospheric distillation unit and a 10 million tons/year refining process unit.