December 29, 2010 at 8:25 am #2422
Sinopec Gets Approval to Expand Yangzi Refinery Capacity, Officials Say
By Bloomberg News – Dec 27, 2010 10:33 PM
China Petroleum & Chemical Corp., the nation’s largest oil refiner, got state approval to expand its Yangzi plant in eastern China to meet local fuel demand, said two refinery officials.
China Petroleum, known as Sinopec, aims to boost the plant’s annual oil processing capacity to 13 million metric tons a year, or 260,000 barrels a day, from 8 million tons, the two officials said by telephone from Nanjing in Jiangsu province today. They declined to be named because of company rules. The timetable for the expansion is not yet known, they said.
Sinopec plans to build a crude distillation unit with capacity of 8 million tons a year, scrapping an existing 3 million ton-a-year facility, one of the officials said. The refinery has another CDU with capacity of 5 million tons a year.
Sinopec Yangzi will process more than 8 million tons of crude in 2011, about 700,000 tons more than this year after the plant was shut this summer for maintenance, one of the officials said. The plant is currently running at full capacity of about 700,000 tons a month, according to the official.
Huang Wensheng, Sinopec’s Beijing-based spokesman, declined to comment when called by Bloomberg News.
–Winnie Zhu. Editor: Alexander Kwiatkowski, Jane Lee
December 29, 2010 at 8:26 am #5354
Here is update on the expansion of Sinopec Yangzi Coking Refinery/Petchem (not to be confused with the YangZe coking refinery – both in Nanjing). The plans are still for ~56% increase by shutting down the smaller 3.5 MM mtpy crude unit & adding an new 8-9MM mtpy new one to raise total crude capacity to 12.5MM mtpy.
The plant has two coking units an older 1.6 MM mtpy (200 Kmtpy coker charge) and 4 MM mpty (400 Kmtpy) coker commissioned in ~Mar 2005. Both are Anode/Fuel type petcoke and produce total of ~624 kmtpy petcoke. This update indicates the smaller one will also be shutdown and replaced with larger coker (previous news indicated a third unit would be added).
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