1,500kt/a Ethylene Project at Gulei Petrochemical Proceeds Smoothly
According to sources, the ethylene project at Gulei Petrochemical Base invested by Fujian Petrochemical Group and SABIC proceeded smoothly, and its total investment surpassed 40 billion RMB.
Feedstock: naphtha and liquid hydrocarbon
Major units: steam cracker, EO/MEG unit, PP unit, PE unit, PC unit, etc.
Major products: PE, PP, PC, EO, MEG, butadiene and other chemical products
Currently, there are two petrochemical bases in Fujian, including Meizhou Bay petrochemical base and Zhangzhou Gulei petrochemical base, and is 14 million mt/a, 1.1 million mt/a and 1.4 million mt/a respectively. By 2030, the oil-refining, ethylene and PX capacity at Zhangzhou Gulei petrochemical base will reach 50 million mt/a, 5 million mt/a and 5.8 million mt/a respectively, and that at Meizhou Bay petrochemical base will be 62 million mt/a, 6.3 million mt/a and 7 million mt/a respectively.
With the increment in oil-refining capacity, the overall LPG supply will rise. However, given the comprehensive industrial chain, the commercial volume of LPG will be relatively low. Considering the ethylene cracking project, it is estimated that the C4 olefin supply volume will rise.
