China Petroleum Chemical High Quality Development Achievements 10-17-2024

Summary:These achievements cover energy security, industrial development, green low-carbon, scientific and technological innovation, livelihood protection and many other aspects, which are typical cases of promoting high-end, intelligent and green development and taking the road of new industrialization, as well as vivid epitomes of the high-quality development of state-owned central enterprises.

 

October 10, China Petrochemical Corporation (CPC) held a conference on the achievements of high-quality development and a special program on "Moving Petrochemicals" in Beijing. This was the first time that CPC showcased on a large scale its remarkable achievements in promoting high-quality development and supporting the process of modernization with Chinese characteristics.

The ten achievements presented at the conference include: new breakthroughs in the field of oil and gas exploration in the "Deep Earth-1" project, which set a new industry benchmark; innovation in complete sets of aromatics technology, which promotes the future of the industry; the development of Fuling shale gas field, which leads the shale gas revolution in the East; new trends in global carbon neutrality of the CCUS project; the utilization of geothermal energy, which brings warmth to the earth's homeland; and the development of the "Deep Earth-1" project, which is the most important project in the field of oil and gas exploration. The utilization of geothermal energy brings warmth to the earth's home; the construction of a world-class ethylene base sets a new standard for the industry; the research and development of high-end clean oil products provides power for a better life; the development of shale oil in the lake basin of the terrestrial fracture basin demonstrates a new direction for the industry; the Green Enterprise Action Plan has become a new model for the green development of the industry; and the implementation of the Kuqa Green Hydrogen Project opens up a new chapter of green energy. It is particularly worth mentioning that the "Deep Earth No. 1" project has confirmed four billion-ton oil and gas zones, which set a new record for the depth of oil and gas exploration in China; China's self-developed complete set of aromatics technology has made China the world's third country to master the technology, which has enhanced China's position in the global production of textile raw materials; the Fuling shale gas field has provided nearly 70 billion tons of gas for the Yangtze River Economic Belt, providing nearly 70 billion cubic meters of shale gas, and providing Chinese experience for global shale gas development; the first one-million-ton CCUS project demonstration project, providing new ideas for low-carbon transformation; the geothermal heating project has become a global model for geothermal utilization; the one-million-ton ethylene complete set of technology with independent intellectual property rights broke the international monopoly; and the upgrading of the quality of oil products promoted the green transformation of the whole industrial chain; The development of shale oil technology has provided a new guarantee for China's energy security; the Green Enterprise Action Plan has led a new era of green productivity; the Kuqa Green Hydrogen Project has opened up a new way for the low-carbon development of the refining industry and promoted the innovation and integration of the hydrogen industry.


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