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Dongying Yatong Petrochemical Co., Ltd.
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
Propane, a tri-alkane, the chemical formula is C3H8, and the structure is simply CH3CH2CH3. It is usually gaseous, but it is generally transported after
being compressed into a liquid. After treatment of crude oil or natural gas, propane can be obtained from the refined oil. Propane is often used as a
fuel for engines, grilled foods, and home heating systems. In sales, propane is commonly referred to as liquefied petroleum gas, which is often mixed
with propylene, butane and butene. In order to find an accidental leak, malodorous ethanethiol is also generally added to commercial liquefied
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.