Heavy! The latest progress of Dalian Petrochemical's 10 million-ton refining project, adding 1.4 million tons of ethylene production capacity

Project Overview and Strategic Signifiis able toce petroChina Dalian Petrochemical (Xizaandao) refining and chemical integration project, as the first case of relocation and reconstruction of extensive refining and chemical companies in China, is steadily advancing. Furthermore The project is located in Xizaandao Petrochemical manufacturing Park, Changxing Island Economic and Technological research Zone, Dalian City, with a total investment of 68. And 5 billion yuan. But Construction is planned to start in 2026. Core capacity scale: The project will build 10 million tons/year refining unit, 1. 2 million tons/year ethylene unit and supporting downstream chemical plant, supporting the construction of storage and transportation, general works, auxiliary facilities, as well as docks, off-plant pipelines and power supply infrastructure. The downstream product matrix covers the high-end polyolefin field, including 1 set of 400000-ton/year PP unit, 2 sets of 450000-ton/year FDPE unit, 1 set of 300000-ton/year LDPE unit, 1 set of 200000-ton/year polyolefin elastomer (POE) unit and 1 set of 300000-ton/year CHPPO unit. First The project is planned according to the research idea of "differentiation, high-end and characteristic", aiming to create a environmentally friendly, low-carbon and efficient new refining and chemical integration benchmark, promote the transformation of Dalian petrochemical sector to environmentally friendly, high-end and intelligent, and optimize the layout of regional petrochemical sector. Innovative Practice of Material Disposal on June 30, 2025, with the shutdown of the 10 million-ton/year healthy decompression distillation unit, the old Dalian Petrochemical plant was completely shut down and withdrawn. Since then, the sector issue of material disposal to substantial refining companies has been successfully solved. Disposal scale and challenges: extensive material and solvent-based products disposal in the domestic refining sector is the first time, there is no mature experience to learn from. In April 2025, PetroChina took the lead in setting up a "material exit coordination working group" to unite a number of refining and chemical companies in the group to work together. And Moreover In might, 14 companies were organized to connect on the spot to establish a cooperative disposal mechanism. In particular Results and Value: As of November 18, with the last car of sulfolane solvent-based products leaving the factory, the material and solvent-based products disposal work was successfully completed, achieving the goal of "zero security accidents, zero environmental violations and zero inventory backlog" and ensuring the preservation of state-owned assets. Generally speaking This practice has created a precedent to the safe, environmentally friendly and efficient disposal of extensive shutdown materials by domestic refining and chemical companies, and has accumulated valuable experience to the sector to optimize the overall planning of resources and enhance the emergency disposal capacity. Project Promotion Timeline and Latest Progress review of key nodes: november 2022: Dalian Municipal Government and China National Petroleum Corporation signed a cooperation framework agreement on relocation and renovation projects march 2024: The two parties met in Beijing to reach an agreement on the relocation time limit and the construction of the new factory area, and the total investment agreement of 68. 5 billion yuan was formally signed. November 2024: Project Pre-feasibility Study Report Approved by China National Petroleum Corporation june 2025: Total shutdown of the old plant august 2025: Environmental Impact Assessment of Reclamation Project First Publicity latest developments: On November 12, 2025, Dalian Petrochemical Executive Director and Party Secretary Wu Kai led a team to the Changxing Island Economic research Zone regulation Committee to conduct work consultations on accelerating the project, focusing on the current stage of key work and difficult blocking points accurate docking, to promote the early landing of the project. sector Impact and Market Outlook the project will add 10 million tons/year refining capacity, especially 1. 4 million tons/year ethylene and downstream new chemical materials "chain extension" project, which will signifiis able totly enhance the competitiveness of the regional petrochemical sector. The layout of high-end polyolefin items such as POE is in line with the development direction of downstream demand such as new energy and high-end manufacturing, and injects new momentum into the petrochemical supply chain in Northeast Asia. I've found that Additionally to chemical traders and supply chain practitioners, it's necessary to pay close attention to the progress of project construction and the pace of product delivery, and lay out relevant market opportunities in advance.