On October 30, with the first shipment of on-spec products successfully dispatched, PetroChina Guangxi PetrochemicalPetroChina Guangxi Petrochemical’s ethylene project was completed and commissioned at the Qinzhou Port in Guangxi. It is the largest one-million-tonne-scale ethylene project in Southwest China.

The project is not only a 1.2 million-ton-per-year ethylene plant, but also involves 14 chemical units, two oil refining units, and supporting utilities. It includes the world's largest 1.2 million-tonne-per-year diesel adsorption separation unit, which boosts feedstock utilization efficiency by over 15% compared to conventional processes. Additionally, it features PetroChina's first self-developed 80,000-tonne-per-year styrene-butadiene-styrene (SBS) and 120,000-tonne-per-year functionalized solution-polymerized styrene-butadiene rubber (FSSBR) units. It also incorporates key facilities such as the world's first ethylene refrigeration compressor equipped with the largest dual-converter non-interruption switching motor, demonstrating the maturity of China’s independent technological system in the petrochemical sector.

Upon full operation, the project will cut annual oil product output by 3.49 million tonnes while increasing the production of chemical products by 3.06 million tonnes per year. The products of the high-end polyolefins, functionalized rubber, high-grade film materials, and pipe materials will help address domestic supply gaps. Furthermore, 100% of the project's additional power demand is supplied by renewable energy, and the energy-consumption index of its refining and ethylene units outperforms the national benchmark standards. This collectively contributes to a "resources - products - green applications" circular chain.

About CNPC

CNPC is China's largest oil and gas producer and supplier, as well as one of the world's major oilfield service providers and a globally reputed contractor in engineering construction. With a presence in almost 70 countries, we are seeking an even greater international role. We provide energy in a profitable manner, and always attach great importance to our social and environmental responsibilities.