Crude Oil to p-Xylene — Shenghong Refinery-PX Complex
PEP Report - 303C
Published December 2020
The Jiangsu Shenghong facility in Lianyungang, China, is the latest of several large crude-oil-to-chemicals (COTC) projects in China. Scheduled for start-up at the end of 2021, it will have a feed capacity of 16 million tonnes/yr (330,000 bpd).
The Shenghong project is a refinery designed to produce a much larger quantity of petrochemicals than usual. Shenghong claims that it will produce 4 million tonnes/yr of PX, approximately 6 million tonnes/yr of other chemicals, and 5.5 million tonnes/yr of liquid fuels. It will achieve a roughly 64% conversion to chemicals rate based on crude feed.
This report represents the first independent assessment of the Shenghong project. S&P Global PEP presents the material and energy consumptions at the process level, and material and energy consumptions as a whole for the complex. S&P Global PEP also presents our estimates of capital investment and overall production economics.
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