With a total investment of approximately 24.493 billion yuan, the project commenced construction in Linzi, Zibo in December 2024, and has a construction period of 2 years and 7 months. The project encompasses both refining and chemical sectors. On the refining side, multiple new units will be established, including a 10 mt/a atmospheric and vacuum distillation unit and a 2.1 mt/a high-end carbon material unit. On the chemical side, a new 1 mt/a ethylene cracking unit will be built, along with downstream units such as a 200,000 t/a ethylene oxide unit and auxiliary facilities like waste alkali liquid treatment.
The project is scheduled to be completed and operational by 2027. Upon completion, Qilu Petrochemical will achieve an annual refining capacity of 16 million tons and an annual ethylene production capacity of 1 million tons, becoming China’s first green and intelligent demonstration base integrating refining and chemicals, high-end materials, and hydrogen energy.