December 3, 2009 at 12:58 pm #2852
Sinopec Plans to Expand Maoming Oil Refinery Capacity (Update1)
Dec. 2, 2009 (Bloomberg) — China Petroleum & Chemical Corp., the countrys biggest refiner, plans to expand the capacity of its second-biggest oil-processing plant by 33 percent to meet rising fuel demand.
Sinopec, as China Petroleum is known, will boost the annual capacity of its Maoming plant to 18 million metric tons, or 360,000 barrels a day, from 13.5 million tons, parent China Petrochemical Corp. said in its newsletter today.
Chinas refining capacity may rise to 720 million tons a year by 2015, Yang Weijun, an engineer with PetroChina Co.s planning institute, said in September. Sinopec aims to triple the capacity of the plant in South China to 40 million tons a year, said China Petrochemical in September.
Sinopec will build a 10 million ton-a-year crude oil distillation unit at the plant and shut two existing units with annual capacities of 2.5 million tons and 3 million tons, according to todays statement. It will add a 2.4 million ton-a- year hydrocracker and a 2.2 million ton-a-year catalytic cracker.
The total expansion, at a cost of more than 4 billion yuan ($586 million), will commence next year and be completed in 2012, China Petrochemical said. Last Updated: December 1, 2009 22:59 EST
December 3, 2009 at 12:59 pm #5900
Here is update on Sinopec’s Maoming Coking refinery (sometimes called Maoming Petrochemical Complex or MPCC Refinery) next expansion plans to 360 MBD (+33%) which have now been approved.
Maoming has been making ~672 kmtpy fuel coke since its expansion & 2nd coker addition in June 2004 that coincided with massive Crude Pipeline completion in area. A key replacement in this $4B Yaun expansion is the 2.4 (48 MBD)mmtpy hydrocracker which replaces an aging 16 MBD (1.0 mmtpy) existing hydrocracker damaged by fire/explosion blast in April 2008.
It has been China’s 2nd biggest oil processing plant but several other massive China JV project additons may put it further down on the list even after its 2010 expansion completes in 2012. It is expected to add an additional coking unit even though it was not on previous list of 17-22 refinery & coking project list for 2006-2012. Several other China refineries will follow Maoming’s example (like anode coking refineries Anqing & Gaoqiao ~ 360-380 kmtpy/each) with new pipelines & low sulfur petcokes become fuel coke.
Maoming is complex refinery making both asphalt & petcoke and with lube units – it claims to have processed 61 types of crude from over 26 countries.
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