On May 15, the 2# 1.5 million ton/year ethylene plant of Yulong Petrochemical's 20 million tons/year refining and chemical integration project (Phase I), which was built by PetroChina Sixth Construction Company, started construction. All the staff attended the opening ceremony.

Shandong Yulong Island Refining and Chemical Integration Project (Phase I) plans to build 20 million tons/year crude oil processing capacity and 2×1.5 million tons/year ethylene units, mainly equipped with 10 million tons/year atmospheric distillation unit and 10 million tons/year Annual atmospheric and vacuum distillation unit, light hydrocarbon recovery unit, desulfurization and desulfurization unit, residual oil hydrogenation unit and other refining process units, as well as 2×1.5 million tons/year ethylene, 850,000 tons/year pyrolysis gasoline hydrogenation, 550,000 tons/year /year aromatics extraction, 200,000 tons/year butadiene extraction, EVA/LDPE and other chemical process equipment.

The project is a key construction project during the national "14th Five-Year Plan" period. It is a large-scale petrochemical project in Shandong Province for the conversion of old and new kinetic energy and industrial structure adjustment. It is of great significance to promote industrial structure adjustment, transformation and upgrading, and achieve leapfrog and high-quality development. The refining and chemical integration project (Phase I) undertaken by PetroChina Sixth Construction Company mainly includes: 2# 1.5 million tons/year ethylene, 850,000 tons/year pyrolysis gasoline hydrogenation, 550,000 tons/year aromatics extraction, 200,000 tons/year ton/year butadiene extraction, 20/60,000 tons/year MTBE/butene-1 unit.