The 300kt/a UPC science and technology test project of Dongming Petrochemical with a total investment of 22 billion yuan is the largest high-end manufacturing project with independent intellectual property rights. The super catalytic cracking technology of crude oil to olefin uses the world's first special catalyst to realize the direct conversion of crude oil to chemicals.
UPC technology is more advanced than traditional refining and chemical integration projects. The traditional refining process is to first refine crude oil and then produce chemical materials. UPC technology can turn crude oil directly into chemical materials in one step. Compared with traditional technology, it has the advantages of less investment, lower consumption and better benefit.
In terms of UPC technology, Dongming Petrochemical has completed the "laboratory", "small test", "pilot test" to "50,000 tons of industrial test", and achieved good results. On December 7 last year, a total investment of 22 billion yuan Dongming Petrochemical 300kt/a UPC science and technology test project held a groundbreaking ceremony, the project intends to use UPC technology, after completion can achieve the direct conversion of crude oil to chemicals, and the traditional "refining and chemical integration" process compared to the production of the same scale of ethylene can reduce crude oil consumption of about 60%.