China's Dongming Petrochemical to Invest US$3 Billion for Crude Oil-to-Chemicals Project

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Researched by Industrial Info Resources (Sugar Land, Texas)--Dongming Petrochemical's complex is in Dongming County, Heze City, Shandong Province, with a crude oil processing capacity of 10.5 million tons per year.

The company recently announced it plans to build a crude oil-to-chemicals project, with a total investment of US$3 billion, to produce 300,000 tons per year of chemical materials from crude oil. The project adopts the crude oil super catalytic cracking olefins technology jointly developed by Dongming Petrochemical and China University of Petroleum (East China).

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Industrial Info is tracking 463 chemical projects that are set to begin construction in second-half 2023 in China's Shandong Province, valued at US$36.4 billion. Click here for a list.

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