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Lin Guo, manager of Maoming Petrochemical Chemical Division, said on the 14th that the average profitability rate of the chemical industry is about 5%, while the Maoming million million ethylene plant has reached 13.27%, which is far higher than the international advanced level and has become China's large-scale ethylene. The model of low investment and high returns.
According to Lin Guo’s introduction, in September 2006, Maoming’s one million-ton ethylene modification and expansion project was put into operation, among the 510 major equipment of the leading device of 640,000 tons/year cracker, 448 were made in China, and the localization rate was 87.8%. , was the highest ethylene production rate in China at the time. In the year of production, the investment per ton of ethylene was only 12,000 yuan, which was far lower than the investment of 25,000 yuan to 40,000 yuan per ton of new ethylene in China.
After Maoming's one million-ton ethylene plant was put into production, its total production capacity accounted for one-eighth of China’s total, one-sixth of China’s petrochemical group, and one-half of Guangdong Province, becoming China’s first million-ton ethylene production base. The capacity of 350,000 tons/year high-density polyethylene, 300,000 tons/year polypropylene, and 250,000 tons/year high-pressure polyethylene is the largest in China. When it was put into production, it set an amazing profit of 10 million yuan a day.
Over the past three years, Maoming million-million-ton ethylene plant has produced 2,359,900 tons of ethylene, successively developed 38 new products that sell well in the market and have good economic returns, and has successively created “zero emission†ethylene torches under normal operating conditions. Major repairs and stoppages "zero emissions" and other new records for energy saving and consumption reduction.
China's first million-ton ethylene plant generates profits of 7.2 billion yuan
China’s first million-ton ethylene plant, Maoming Petrochemical’s ethylene renovation and expansion project, in a short period of more than three years, created profits of 7.209 billion yuan, exceeding the total investment of 7.196 billion yuan.