Comparison between China Petroleum Guangdong Petrochemical Refining and Chemical Integration Project and Quanzhou Petrochemical

PetroChina and Guangdong Petrochemical are more integrated in refining and chemical industry. Guangdong Petrochemical Oil Refining Integration Project is located in Jieyang Da Nanhai International Petrochemical Industrial Zone, covering an area of 953 hectares, with a total investment of 65.4 billion yuan, including 20 million tons of oil refining and 65.438+200,000 tons of ethylene. This project is a strategic project for China Petroleum Group to implement the national energy security strategy and realize the transformation and upgrading of refining and chemical business. It is also a key project to build a new pattern of Guangdong's opening to the outside world and promote the economic development of eastern Guangdong. Guangdong Petrochemical has a larger scale of refining and chemical integration. Established in September 2006, Sinochem Quanzhou Petrochemical Co., Ltd. is a wholly-owned subsidiary of Sinochem Group, located in Hui Quan Petrochemical Industrial Park, Meizhou Bay Petrochemical Base, Fujian. 120,000 tons/year oil refining project has been completed and put into operation, with stable operation.