REFINING PROJECT

In response to the most recent global trends in the market, Yutime adopts the most advanced technologies in the world to set up a green petrochemicals value chain. In its first phase, the project processes 6.5 million tons of crude oil and 1.5 million tons of aromatics each year and has become one of the key petrochemical projects for Anshan prefecture and for Liaoning Province as a whole. The second phase of the project, which will expand the yearly processing capacity to 10 million tons, is currently in the phase of construction planning, and will introduce the production of clean fuels, ultra-low-Sulphur, MARPOL-standard fuels for ships and aviation fuels. Built with the most advanced production and pollution control technology available, it satisfies the highest international environmental protection standards. Waste emissions and byproducts are recycled and reused to produce high-quality energy supply and raw materials.

Occupying 230,00sqm, Yutime’s cogeneration program plays an important role in the county’s heat and power grid development and for the supply of energy to the Tai’an economic development zone. It includes carbon graphite applications and waste-to-energy programs that abide to the most demanding environmental impact standards to achieve ultra-low emissions. Yutime has already completed the first phase of the project and estimates that its second phase, when operational, will be able to satisfy the entirety of the cluster’s current energy demand and bring about sizeable economic benefits to the Tai’an development zone.

Powered by Yutime’s global vision, in the future the refining-petrochemical integration project will continue to drive and strengthen the development of the local petrochemical industry chain, providing people with cleaner, environmentally friendly and high-quality products.