1 Project Name: 5 Million Tons/year of Chemical Industrial Raw Material Oil of Ethylene
2 Project in Brief:
2.1 Project Content and Investment Scale: The project will process 5 million tons condensate oil of oil-gas field yearly, which will produce ethylene of 1.91 million tons, naphtha of 1.21 million tons, and high quality of diesel oil of approximate 2.08 million tons annually. The total investment is RMB 5698110 thousand Yuan.
2.2 Construction Necessity: Currently, the requirement of ethylene feed stock in the domestic and international market is huge, it is estimated that 5 to 5.5 million tons ethylene feed stock are in short supply for three top petrifaction bases of Shanghai, Nanjin, Fujian yearly. Jinzhou is the heartland of the Circum-Bohai Sea Economic Circle. Relying on Jinzhou Port with advanced oil products throughput capacity, the project adopts fractionation, pre-optimization process equipment to produce light feed stock such as ethylene and reformed naphtha etc. with abundant oil-gas field condensate oil produced in Southeast, Australia, Bohai Sea etc. as the raw material, It has a unique advantage.
2.3 Economic Benefit Analysis and Market Forecast Analysis: It is estimated that the annual gross profit is RMB 641150 thousand Yuan.
2.4 Form of Investment: Wholly-funded, Joint venture or Cooperation
2.5 Geographic Location, Traffic and Transportation and Communication: The project is located in district A of Jinzhou Xihai Industrial Zone. It is against Jinzhou port area, which is national first class open port. The planned land use is 3000 Mu, it is on the node of Qinshen railway line for passenger traffic, Jingha railway, Jingshen motorway (Beijin-Jinzhou-Shenyang), Jinchao motorway (Jinzhou-Chaoyang) and State-level road No.102. It is near Jinzhou port which is the highest latitude deep water port along the coast in china, can work all year around and has built 16 working berths. The throughput capacity can attain 30 million tons, its lines link to all ports in china. Its traffic and transportation is convenient and prompt and communication is advanced.
2.6 Working Progress in Prior period: The feasibility study report of the project has completed.
2.7 Project Construction Period and Investment Payback Period: The predicted investment payback period is 8.56 years (including 2 years construction period).
3.1 Name: Investment Promotion Center of Jinzhou Xihai Industrial Zone
3.2 Address: Nanhai Road, Jinzhou Economic Technical Development Zone
3.3 Postcode: 121007
3.4 Contact person: Jin Zhenyi
3.5 Telephone: 86-416-3588305
3.6 Fax: 86-416-3588390
3.7 Email: email@example.com