Headquartered in Beijing, China, Yatong Petrochemical Group Co., Ltd. is a large integrated petrochemical enterprise that is committed to becoming an outstanding integrated energy provider. Up to now, the petrochemical industry of Yatong Petrochemical Group has achieved: annual crude oil processing capacity of 6 million tons in 2022, the establishment of branches in many countries and regions, the establishment of international oil and gas trade to storage and transportation, oil refining and chemical industry chain, is carrying out international oil and gas assets merger and acquisition, and strive to become a popular, new international partner.
Established in 2006, Dongying Yatong Petrochemical Co., LTD. (hereinafter referred to as Yatong Petrochemical) has a crude oil processing capacity of 3.5 million tons/year, a comprehensive processing capacity of 18 million tons/year, and employs more than 1,400 people. It is a major taxpayer in Dongying City for many years. In 2015, the company obtained the qualification for the use of imported crude oil and the qualification for the import of crude oil non-state trade in the national private refining enterprises. In January 2020, the company obtained 300,000 square meters of public bonded tank farm in Shandong Province, and in March 2020, the company obtained the "Technical Standard Requirements Project Approval Letter" (CTSOA) and "Civil Aviation Oil Testing Unit Approval Letter" issued by the Civil Aviation Administration of China, making the company become a private refining and chemical enterprise with dual qualifications for aviation oil production and testing in Shandong Province. The company adopts international advanced selective gasoline hydrogenation technology and develops domestic gasoline extraction desulfurization technology, and the product quality has reached the higher domestic standards. The technology won the first prize of technical invention of China Petroleum and Chemical Industry Federation! The company set up a petrochemical design institute in Beijing, and independently developed the circulating water electric field descaling utility model patent technology, which realizes zero sewage discharge of circulating water and can save 100,000 tons of water per year; The company has developed FCC slurry desolidifying technology with independent patent protection technology, and independently developed dozens of sets of core patent technologies, including high-quality needle coke design process, which has completed industrial tests, and self-built needle coke equipment has been put into operation, and is currently being promoted and applied. These achievements all mark that the company is in the forefront of the industry in terms of enterprise management, technical ability and product quality. Yatong Petrochemical has achieved chemical transformation, the yield of chemical products is the leading level in the industry, and zero output of gasoline products, and has been reviewed and recognized by relevant provincial and municipal departments and experts and obtained relevant certificates. Yatong Petrochemical further promotes the integration of refining and chemical enterprises, adheres to the complementary resources and the integration of industrial chains, creates a new model of high-end chemical extension and industrial chain development, realizes safe, green, low-carbon and sustainable high-quality development, and makes excellent contributions to the sustainable development of the energy industry!
Shandong Xinxian Huaxiang Petrochemical Co., Ltd. was established in 1989, located in Liaocheng Xinxian Chemical Industry Park, in September 2010 by Shandong Dongying Yatong Petrochemical Co., Ltd. wholly-owned acquisition. Huaxiang Petrochemical covers an area of more than 800 mu, the registered capital of 50 million yuan, the annual operating income of more than 3 billion yuan, the annual tax payment of hundreds of millions of yuan. The company now has 10 branches, more than 500 employees, has formed an excellent technical team and management team.
Zhenhua Petrochemical Co., Ltd. was established in 2019, registered capital of 1.2 billion yuan, is a wholly-owned subsidiary of Yatong Group, the company covers an area of 1478 acres. The company has invested 12.36 billion yuan in new propane dehydrogenation and propylene oxide projects. The project has five advantages: First, the scale is large in China. The project mainly constructs propane dehydrogenation unit, propylene oxide and styrene combined unit, maleic anhydride unit and supporting public equipment system, all of which are large-scale single sets of devices of the same process. Second, the project technology is advanced. In similar processes, the product conversion rate of propane dehydrogenation is the highest in the world, and the energy consumption is the lowest in the same industry. Propylene oxide selected domestic advanced co-oxidation process to co-produce styrene and propylene oxide, breaking through the international technical barriers, compared with other processes, investment can save more than 30%, energy consumption, material consumption is lower than the same industry. Thirdly, the agglomeration effect is obvious. The project is the leading project of C3 and C4 industrial chain, and the raw materials mainly come from the light hydrocarbon resources of Yatong Group and other enterprises in the development zone to achieve "wall feeding"; Products can form a chain supply with downstream enterprises in the development zone, with cost and market advantages. Fourth, green and low-carbon. Blue hydrogen can be produced in the production of the project to supply hydrogen to enterprises in the development zone and reduce the consumption of natural gas; And use the heat of the reaction process to produce medium-pressure steam for the enterprise's own use, greatly reducing carbon emissions. At the same time, green chemical raw materials such as liquid olefin, ethylbenzene and propylene glycol can also be produced in the production process. Fifth, the demonstration effect is strong. After the project is put into operation, it is expected that the annual sales revenue will be 35 billion yuan, profits and taxes will be 8 billion yuan, and more than 1,000 new jobs will be created.
Zhenhua New Materials (Dongying) Co., Ltd. was founded on March 15, 2022, located in the core area of Lubei high-end petrochemical industry base - Dongying Port Economic Development Zone, the company registered capital of 184 million yuan, covers an area of more than 1200 acres, the existing staff of more than 260 people, is a production, sales and scientific research as one of the large high-tech enterprises. The company is an innovative small and medium-sized enterprise in Shandong Province and a science and technology enterprise in Dongying City. It has passed ISO9001, ISO14001 and ISO45001 international management system certification. The company has 100,000 tons/year butadiene rubber device, 100,000 tons/year styrene butadiene rubber device, 100,000 tons/year isobutane dehydrogenation MTBE device and 150,000 tons/year butadiene device, of which the main product butadiene rubber production can reach 100,000 tons/year, is one of the largest domestic manufacturers, the market share of more than 10%, the products sell well in the major domestic tire enterprises.