Project Profile
Value: US$5,000 million
Location: Binhai Industrial Zone, Dagang district, Tianjin
Capacity: 16 mmtpa and a package for production of aromatic hydrocarbons with a capacity of 1.4 mmtpa of paraxylene
Start-up Year: late 2019
The project will see the proposed construction of a facility located at the Tianjin Harbour Industrial Park. The facility will include a refinery with 13 million tonne per year (261,000 b/d); a naphtha cracker complex with 1 million-tonne per year and an oil storage facility with a capacity of 12 million barrels. The feasibility study will see 80% of the plant’s output to be light products. The complex will also produce petrochemicals, including polypropylene and aromatics. The refinery will receive 70% of its oil from Russia and the rest from Arab countries.
The companies adopted a resolution to optimize the oil refining segment of the Tianjin refinery by the end of February 2015 with a primary crude processing capacity of 16 mmtpa and a package for production of aromatic hydrocarbons with a capacity of 1.4 mmtpa of paraxylene. They also resolved to send for rework the FS for the Tianjin refinery as regards the petrochemical package. Pursuant to the construction schedule signed by Rosneft and CNPC in May 2014, the refinery in Tianjin is planned to be started up in late 2019. In parallel, the feedstock supplies for the refinery in a volume of 9.1 mmt.
Operator:
Eastern Petrochemical Company, which is a joint venture company between:
China National Petroleum Corp (Sinopec): 51% interest
Rosneft: 49% interest
Contractor:
DuPont Clean Technologies, Overland Park, Kan: Contracted to deliver licensing and engineering design for its proprietary STRATCO sulfuric acid alkylation unit.
Shell Global Solutions: Feasibility study