On February 28, the world's largest ultra-large ethane carrier (VLEC) "Seri Everest" leased by Satellite Petrochemical completed its first unloading in Lianyungang.

　　"Seri Everest" is a 98,000 cubic meter VLEC. The first batch of ethane unloaded this time exceeds 51,000 tons. It is the ethane raw material for the Lianyungang ethane cracking production base of the satellite petrochemical. The loading and unloading work was supervised by Eaglestar Shipmanagement Gas, a ship management company designated by MISC, a subsidiary of the shipowner's Petronas Shipping Company.

　　"Seri Everest" arrived in the United States on its maiden voyage on December 30 last year, and was loaded with cargo at the newly constructed Orbit ethane export terminal in the Netherlands on January 17 this year. This is also the first second-generation VLEC to export ethane from the new Orbit terminal. This VLEC was built by South Korea's Samsung Heavy Industries and will be completed and delivered in late October 2020.

　　This is the first of the six largest VLECs in the world ordered by Satellite Petrochemical for the first phase of its Lianyungang petrochemical project. These 6 VLECs are all owned by MISC and signed a 15-year time charter contract with Satellite Petrochemical.

　　 As the largest domestic and top five acrylic acid manufacturer in the world, Satellite Petrochemical is the first domestic private listed company to use propane as a raw material to form a C₃ industrial integration pattern. Satellite Petrochemical signed a Lianyungang petrochemical project cooperation agreement with the National East, Central and Western Regional Cooperation Demonstration Zone (Lianyungang Xuwei New District) in December 2017 to build China's first ethane cracking ethylene plant in Lianyungang.

　　In March 2018, Satellite petrochemical USA corp., a subsidiary of Satellite petrochemical USA corp., and Sunoco Partners Marketing & Terminals LP signed the "Agreement on the Joint Venture Establishment of Orbit by US Satellite and SPMT" to jointly build a US chemical raw material export facility for the stable operation and future of the Lianyungang Petrochemical Project Carry out import and export trade business to provide raw material supply guarantee. According to the agreement, Satellite Petrochemical will import about 3 million tons of ethane each year to its new Lianyungang ethane cracking plant.

　　In order to open up the ethane transportation artery from the United States to China, Satellite Petrochemical needed to order a VLEC to transport ethane raw materials for the Lianyungang Petrochemical Project. Among them, the 6 ships built for the first phase of the project are owned by MISC, and 3 were built by Hyundai Heavy Industries and Samsung Heavy Industries. In addition to the "Seri Everest", Samsung Heavy Industries also delivered the second VLEC "Seri Erlang" in the same series at the beginning of this year. MISC confirmed that the remaining four VLECs of the series will be delivered in the first half of this year, and MISC will also become "the world's largest ethane transportation company" by then.

　　Ethylene cracking unit is the main unit of Lianyungang Petrochemical's 3.2 million tons/young hydrocarbon comprehensive processing and utilization project. It mainly uses ethane as a raw material for cracking to produce ethylene. Through the construction of two units of the same type and scale in Phase I and Phase II, Satellite Petrochemical Lianyungang Petrochemical Co., Ltd. will become the world's largest single-set ethane-to-ethylene production facility, which is of great significance to the development of my country's energy-efficient and green chemical industry. .

　　Lianyungang Petrochemical 3.2 million tons/young hydrocarbon comprehensive processing and utilization project business card

　　Project name: 3.2 million tons/young hydrocarbon comprehensive processing and utilization project of Lianyungang Petrochemical Co., Ltd.;

　　Construction site: the land block south of Petrochemical Seventh Road and west of Petrochemical Third Road;

　　 Construction unit: Lianyungang Petrochemical Co., Ltd.;

　　Project Overview: The project is located in the Lianyungang Petrochemical Industrial Base to the south of Petrochemical Seven Roads and to the west of Petrochemical Three Roads, with a total area of ​​256.33 hectares. The project is constructed in two phases. In the first phase, 1 set of 1.25 million tons/young hydrocarbon cracking unit (including light hydrocarbon cracking unit, butadiene extraction unit, aromatics extraction unit), 1 set of 72/91 million Tons/year EO/EG device, 1 set of 400,000 tons/year HDPE device, 1 set of 500,000 tons/year LLDPE device and supporting public and auxiliary engineering, storage and transportation engineering and environmental protection engineering; the second phase mainly constructs 1 set of 1.25 million tons/year Young hydrocarbon cracking unit, 2 sets of 72/910,000 tons/year EO/EG unit, 1 set of 400,000 tons/year LDPE unit, 1 set of 260,000 tons/year acrylonitrile unit (including synthetic ammonia, acrylonitrile unit, MMA and SAR devices) and supporting construction of public and auxiliary projects, storage and transportation projects and environmental protection projects. The pipeline outside the red line of this project (inter-plant pipeline) is not within the evaluation scope of this project and needs to be evaluated and submitted for approval separately. The total investment of this project is 3,251.26 million yuan, of which environmental protection investment is 1,837.7 million yuan.

　　Source: Petrochemical Forum, International Shipping Network, China Chemical Engineering Third Construction Co., Ltd., etc.

　　The China Olefins and Feedstock Diversification Forum 2021 hosted by ASIACHEM will be held in Huizhou, Guangdong from March 24-25. We sincerely invite industry experts to make reports on the following topics,

　　1. "14th Five-Year" petrochemical industry planning foresight and policy interpretation

　　2. Research and judgment on the diversification and lightening trend of olefin raw materials

　　3. Cost analysis and economic comparison of different technical routes

　　4. Opportunities and challenges brought by trade frictions to the petrochemical industry

　　5. Olefins and derivatives production process and catalyst improvement

　　6. ​​Introduction and engineering case of raw material lightweight transformation technology

　　7. Global light hydrocarbon resource status analysis (distribution, recovery reserves, terminals, ships, transportation, supply and demand, prices)

　　8. Development and commercialization prospects of olefin production technology (STO, self-developed PDH, crude oil direct cracking, etc.)

　　9. Focus on new projects: PDH, ethane/propane cracking, comprehensive utilization of light hydrocarbons, CTO/MTO, refining and chemical integration

　　10. Technology development and industrialization of high-end olefin downstream products (octene, POE, mPE, etc.)

　　11. The development trend of biodegradable materials/plastic recycling industry and its impact on the petrochemical industry

　　12. C3/C4 route system BDO process technology progress and product market prospects

　　13. Industrial visits and inspections

、

　　The "Plastic Recycling and Energy Chemical Carbon Neutrality Forum 2021" sponsored by Asia Chemical Consulting will be held in Huizhou from March 25th to 26th. It will focus on relevant policy, technology, and market issues.

 

　　subject

　　Plastic pollution control and carbon neutrality "14th Five-Year" policy trend

　　Plastic production and the challenge of carbon peak and carbon neutral goals

　　Plastic recycling in Japan, the European Union, and the U.S.

　　Domestic and international advanced plastic recycling technology and industrial application

　　Analysis of the development prospects of recycled plastics and degradable plastics

　　PET recycling technology and downstream enterprise application situation

　　PP/PE/PC recycling technology and application prospects

　　Waste recycling, recycling cost and economic analysis

　　Evaluation criteria and application scenarios of recycled materials

　　Circular economy park development ideas and commercial demonstration

　　The status quo and trend of recyclable design ideas

　　Industry tour (to be confirmed)