The Yantai Petroleum Group has invested 6.1 billion yuan to build a refinery project that was started in Shaanxi.
The project is divided into two phases. The first-phase investment is 4.837 billion yuan. It mainly includes 6 sets of devices for producing 1.2 million tons of benzene, 1.4 million tons of diesel hydrogen, 600,000 tons of gas fractionation, and 5 sets of environmental protection such as dry gas and liquefied gas desulfurization. Auxiliary production equipment. The second phase of the project will invest 1.3 billion yuan to build dry gas systems such as ethylbenzene, styrene, polystyrene, methyl ethyl ketone, and alkylation. After the project is completed, it can realize the upgrading of products and production of 90#, 95#, 97# vehicle gasoline, 0#, 5#, and 10# high-quality diesel and benzene, polypropylene and other products in line with Euro III standards.