A few days ago, Hunan Province held a meeting to accelerate new industrialization and commended a group of accelerating new-type industrialization award-winning units. Baling Petrochemical Company won the 2011 Hunan Province's first prize for accelerating new-type industrialization. Only one of Sinopec's Hunan-based enterprises was affected. This recognition.
In 2011, Baling Petrochemical established the strategic goal of building a world-class non-ethylene fine chemical company, and defined six major corporate strategies: talent strategy, technology innovation strategy, integration strategy, differentiation strategy, off-site development strategy, and green and low-carbon strategy. Explicitly defined the business positioning for reforming the refining business, developing advantageous businesses, upgrading specialty businesses, exiting disadvantaged businesses, and expanding new businesses.
While grasping safety production and optimizing operations, the company solidly promoted the implementation of the '12th Five-Year' development plan, compiled and reported 14 key project feasibility studies, and managed potential problems in oil refinery atmospheric distillation and catalytic cracking units with an annual output of 300,000. Twelve major projects such as the development of tons of caprolactam, the upgrading of hydrogen, and the construction of transmission pipelines were approved, with an approved investment of 4.5 billion yuan, and a fixed-asset investment of 2.93 billion yuan, setting a record high for annual investment. A batch of projects under construction are steadily advancing, with an annual output of 120,000 tons of styrene, an annual output of 200,000 tons of caprolactam, an annual output of 100,000 tons of hydrogen peroxide, an annual output of 10,000 tons of o-cresol formaldehyde epoxy resin, and 5 projects of inter-project pipelines. Zhongjiao; 4 projects with an annual output of 60,000 tons of special lithium polymers and one furnace for thermoelectricity entered the equipment installation stage; the development strategies in different places have taken substantive steps; the joint venture between Zhejiang and the Hengyi Group to establish Balun Hengyi caprolactam The company will build 200,000 tons of caprolactam per year. At the same time, 8 R&D projects including the SIS hydrogenation technology, caprolactone pilot test technology, and the development of TVA foam materials were approved by the Sinopec headquarters and completed the development of cyclohexanone oxime gas phase rearrangement and special epoxy resin series technologies. With five process packages, wind power generators were certified by GL (German Lloyd's Register) to develop 10 new products and 8 patents were granted.
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