From “the Millennium Capital of Silk” Shengze to “the Pearl of the Yellow Sea” Lianyungang, Shenghong Petrochemical Industry Park has emerged as the times required and developed with the trend of the times. Shenghong Petrochemical Industry Park is an innovation type ecological petrochemical industry cluster vigorously created by Shenghong Holding Group, one of the 2020 Fortune Top 500. It is located in the National East Central West Regional Cooperation Demonstration Zone (Xuwei New Area, Lianyungang City, Jiangsu Province). With a planned area of 15 square kilometers, Shenghong Petrochemical Industry Park has integrated many functions such as production,research,development,logistics and supportive services and adhered to the refining and chemical integration and the balanced development of its high end whole petrochemical industry chain. As one of the national seven major world-class petrochemical industry bases, Shenghong Petrochemical Industry Park has become a pillar brand with extremely strong influence.
Strive to be an engine for high-quality development in regional complementation and north-south interaction
Lianyungang City is at the intersection point of two major national strategies — China’s Belt and Road Initiative and the Coastal Region Development Strategy of Jiangsu Province. With unique location advantages and abundant land reserve resources, Lianyungang City has a very important strategic position in improving the overall strength of the Yangtze River Delta, promoting the development of West China and Central China, improving China’s eastern coastal economic layout and promoting China’s regional coordinated development. It is an important place for implementation of the two major national strategies and an important seaport for both the Yangtze River Delta and the New Eurasian Land Bridge.
In 2010, Shenghong Petrochemical seized the simultaneous implementation opportunity of the multiple national strategies, responded to the call of the provincial CPC committee and government on coordinating the north south industry development, actively introduced the industrial chain,and invested in and built the world’s firstrate petrochemical industry park in Lianyungang City. So far, the investment has exceeded RMB 40 billion, and the Honggang Petrochemical 3.9 MMTPA (million metric tons per annum) PTA Project and the Sailboat Petrochemical 2.4 MMTPA Alcohol-based Poly-generation Project have been successfully completed. Meanwhile, some supportive projects such as a 1.4-million-cubic meter liquid chemical warehousing project, two 50,000 ton liquid chemical terminal projects and a cogeneration project have been completed. Shenghong Petrochemical Industry Park has quickly formed. It has developed from a mud flat to a place full of equipment and become a model project for complementation among industrial areas of Jiangsu Province and north-south interaction. It has also become a powerful engine for Lianyungang City’s “high-quality development at an ultrahigh speed”.
Create a high-end industrial cluster with leading roles and extension of “two chains”
Shenghong Petrochemical has been actively carrying out its new high quality development concept, giving play to its leading role in the refining chemical integration project, extending its industrial chain and constantly approaching the high end of the global industrial chain. Shenghong Petrochemical is now carrying out a refining chemical integration project including 16 MMTPA oil refining, 2.8 MMTPA aromatic hydrocarbon, 1.1 MMTPA ethylene and downstream derivatives. Meanwhile, some supportive projects such as a 300,000 ton crude oil terminal project, a 3,830,000 cubic meter warehousing project and some public works are also being carried out. The total investment is about RMB 67.7 billion. After all the projects are completed, Shenghong Petrochemical will form a coordinated development model with unique simultaneous extension of “two chains” — oil to olefin and methanol to olefin — and provide a new approach for transformation and upgrade of China’s petrochemical industry.
Shenghong Petrochemical will actively give play to the gathering and leading roles of its refining chemical integration project, develop a new raw material supply approach, create a deep processing interface for intermediates such as ethylene, propylene and aromatic hydrocarbon, extend and develop the midstream and downstream characteristic industry chain, and form a product system featuring new chemical materials, special rubber and high end specialty chemicals based on universal products such as synthetic resin and organic raw materials. It will expand its market share by making use of new trademarks and differentiated products. It will promote the formation of a high-end industrial cluster with coordinated upstream and downstream development through the innovation chain and value chain of the industrial chain layout.
Guided by innovation, enhance corporate competition vitality by combining with enterprises and research institutes
Innovation is an inexhaustible motive force for corporate development. Shenghong Petrochemical always pays much attention to technical innovation. It has carried out over 100 independent research and development projects and cooperative development projects in recent two years. The ratio of the research and development expense to the sales revenue increases every year. It has successfully developed some new products such as EVA photovoltaic materials with new trade brands and many of its products have filled the domestic gaps.
In April 2017, Shenghong Petrochemical established an academician advisory board consisting of 12 academicians from the Chinese Academy of Sciences and the Chinese Academy of Engineering to provide most leading edge technology and technological achievements for its development. In June 2019, Shenghong Petrochemical Innovation Center Platform was officially established. Aiming to gather talents, projects, patents and industries, it will attract projects to the park by letting investors hold or control shares or through acquisition, build a sharing platform focusing on development of the petrochemical industry chain, accelerate the transformation from technological achievements to actual productivity and create the brand of “Shenghong Innovation” with international influence. Shenghong Petrochemical and Jiangsu Ocean University have jointly established a provincial level corporate postgraduate workstation, which has developed good relations with some research institutes such as Tsinghua University and the Institute of Petrochemical of Chinese Academy of Sciences, established good industrial ecology and provided vigorous support for development and expansion of the petrochemical industry.
Adhering to the green development idea of “safety and environment protection”, carry out the circular economy model
Adhering to the development idea of “efficiency, ecology, circulation and safety”, Shenghong Petrochemical vigorously implements “Made in China 2025”, actively promotes green manufacturing engineering and takes green manufacturing engineering as one of its key tasks in its overall layout. Shenghong Petrochemical will comprehensively adopt the world’s advanced production technology, introduces the world’s first rate safety and environment protection facilities and lays a solid foundation for green development in its project construction. In 2018, Honggang Petrochemical of the industrial park was honored as a national level “Green Factory”.
Meanwhile, Shenghong Petrochemical has realized the integrated development of oil to olefin, methanol to olefin and coal cleaning and reuse through its innovative green development model, and achieved mutual supply of raw materials, comprehensive utilization of by products, energy saving, consumption reduction and benefit improvement through an integrated, zoned, intensive and multi industrial joint development model. All the projects within the industrial park will be implemented according to the latest national environment protection standards. The most advanced treatment and recovery technology will be adopted according to the special emission limit requirements of the Yangtze River Delta. Waste gas, waste water and residues will be recycled by using recovery devices or they will be burnt to generate high pressure steam and the steam will be led into a steam network for use. The industrial wastes will be comprehensively used and the emission will be much lower than the design criteria so that a benign interaction between “environment protection and operations” will gradually formed.
Shenghong Petrochemical vigorously develops circular economy. It strives to achieve safe development, low emission of waste gas, waste water and residues, and efficient resources utilization through cyclic utilization f materials, energy, waste gas, waste water and residues. It strives to build a green industrial chain through a complete inter device, inter company and inter industry circular economy model so as to make best use of everything, achieve clean production and become the world’s first-rate ecological, intelligent and safe petrochemical enterprise.
The red sun sitting on clouds shines brightly over vast sea, and enchanting scenery makes boats cannot help moving forward. Shenghong Petrochemical will adhere to the high quality development idea of “safety, green, innovation driving, social responsibilities and benefiting employees”, actively explore the circular economy model and the low carbon economy model, promote the complementation of economic areas in Jiangsu Province and the north south interaction of the industry, build the world’s first rate petrochemical industry, R&D and logistics bases and promote transformation and upgrade of the Chinese petrochemical industry according to the most advanced international and domestic ideas and the strictest standards.