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Dongying Yatong Petrochemical Co., Ltd. is a large comprehensive petrochemical enterprise integrating warehousing, logistics, deep processing, import & export, international trade. the company now has more than 1,000 professional technical and management personnel, with an area of over 1,500mu and with total assets of 10 billion yuan. It settles at the junction of national yellow and blue strategy --- Yellow River delta area, 8km away from the wharf, 5km away from the entry to Donggang Expressway, enjoying convenient and fast transportation and very superior geographical location. It mainly produces and manages gasoline, diesel, liquefied petroleum gas, MTBE, propylene, sulfur, petroleum coke, fuel oil and other products.
The company strictly implements new national requirements for petrochemical product quality and environmental protection, regards safe, environment-friendly, energy-saving and innovative production, law-abiding and good-faith operation and supply of high-quality petrochemical products as its concept and gives consideration to scale and fine development strategy. Now single processing capacity of the equipment is 5 million tons/year and its comprehensive processing capacity reaches 10 million tons/year, and spent lye has been completely avoided through comprehensive use of alkali waste; ultra-low sulfur and low-nitrogen clean fuels are applied to reduce sulfur dioxide and nitrogen oxide content in the smoke from the source; sulfur recovery unit applies two-stage claus sulfur process and tail gas recovery-absorption process, reaching a total sulfur recovery rate of 99.8%; floater and covered floating roof tank are applied, all liquid products are delivered in a closed loading form, reducing hydrocarbon loss by over 90%. A complete industrial chain of oil head and chemical tail has been built, product quality has been up to National V standard. The advantages in wide, diversified and close-to-market product chain and safety & energy conservation have improved the company’s competitiveness.
With a mission to provide customers with high-quality petrochemical products and good service, the company has been praised by all sectors of society for many times. In 2015, it obtained the qualification for using imported crude oil approved by the State Council, the qualification for non-state import trade of crude oil and right to export finished oil. The company has successively “Good-faith Private Enterprises in Shandong Province”, “Dongying Safety Standard-reaching Enterprises”, “Dongying Young Safety Demonstration Post 2015”, “Large Taxpayers at Development Zone 2013”, “Enterprises Contributing Most at Development Zone 2013”, “Shandong Province CCB AAA-level Credit Enterprise” and other honors. In order to strengthen the adaptability to inferior heavy oil feedstock, optimize project construction, promote the "low-quality oil products upgrading" and achieve win-win economic and social benefits, the project “2 million/year VGO hydro-cracking unit and 1.2 million/year continuous reforming unit” are now under construction. When they are completed, oil head and chemical tail will be achieved. At that time, annual output will reach 50 billion yuan, with profits and taxes of 3.5 billion yuan. Corporate management system and running mechanism continue to be optimized and innovated and much attention has been paid to quality and efficiency, so as to make great contribution to local prosperity and development.
Shandong Province Shen County Huaxiang Petrochemical Co., Ltd.
Shandong Province Shenxian Huaxiang Petrochemical Co., Ltd. is located at the source of Tuhai River, Guyun Town, the key economic town of Shen County, Liaocheng. It, at the hinterland of the central plains oil field, borders Beijing-Guangzhou Railway to the west, Beijing-Kowloon Railway and Dezhou-Shangqiu Highway to the east and Putai Highway to the south. The company has a special railway line with daily handling capacity of about 12,000 tons, enjoying convenient transportation and smooth logistics. Natural resources advantage and convenient traffic provide a good condition for development of the company.
Shen County Huaxiang Petrochemical Co., Ltd., founded in 1989, is one of the 82 local oil refining enterprises approved by the State Council in 1999 and is the only oil refining enterprise mainly engaged in oil processing in Liaocheng. In September 2010, it was wholly acquired by Dongying Yatong Petrochemical Co., Ltd., which is the first private enterprise obtaining the right to import crude oil and the right to export finished oil in China. It is only 5km away from the crude oil wharf of Dongying Port, with this advantage, Huaxiang Petrochemical gets a solid guarantee for raw oil supply.
The company now has 360 employees, including 70 employees of bachelor or above degree, 5 employees of postgraduate degree and 110 petrochemical technicians. The company has always attached great importance to talent, especially focused on the training of technical backbones and middle management. Now the company has formed an outstanding technical and management team. With steadily enhanced operation management, the company has successively been awarded “Municipal Safety Standard Reaching Enterprise”, “Shandong Private Enterprise of Good Faith”, “Model Enterprise in Municipal Safety Production Month Activity”, “Municipal Technology Innovation Enterprise”, “Municipal Advanced Enterprise in Safety & Environmental Protection”, “Municipal Contract-abiding and Good-faith Enterprise”, “Municipal Advanced Enterprise Paying Tax According to Law”, “Municipal Advanced Enterprise in Safety Standardization”, “Top 10 Municipal 10-billion Projects” and other honors.
Dongying Yatong Petrochemical Equipment Co., Ltd.
The company, founded in June 2014, with registered capital of three million, was changed to be Dongying Yatong Petrochemical Equipment Co., Ltd. in January 2016, and its business scope of the company was also changed correspondingly, its registered capital was increased to 20 million. Phase-I project was 3,000 sets/ year pressure vessel production project, Phase-II project was 5,000 sets/year robot production project and Phase-III project was 10,000 sets/year charging pile production project.