bonanza

Chapter 767: Hot Goods

Of course, ethane can be used to generate electricity like methane, but it is a pity that it is only used for burning.

In the past, Yang Dongsheng removed impurities from combustible ice, on the one hand to reduce pollution, and on the other hand because ethane and propane are more expensive than methane.

In addition to burning, ethane has another important use, which is to make ethylene.

Yang Dongsheng made a special investigation. In 2005, China imported about 11 tons of ethylene.

Although it is a bit small, since it needs to be imported, it should be in short supply.

Yang Dongsheng asked Dongsheng Mining to release the news that they can provide a large amount of ethane to see which one needs it.

Now that the culprit has been arrested, there is no need for Yang Dongsheng to stay in the hospital.

At this time, the whole family came to Huajing, so Yang Dongsheng simply stayed in Huajing for the Spring Festival.

The newly remodeled house has very good thermal insulation.

God is also very face-saving, a big sun came out.

Yang Dongsheng asked someone to move the recliner and put it under the floor-to-ceiling windows, and picked up the year-end summary report that was just delivered below.

In 2005, Dongsheng Mining achieved nearly 5 million tons of coal output, accounting for nearly a quarter of the country's total output; iron ore output exceeded 3.5 million tons, accounting for about half of the country's total; coalbed methane was nearly 200 billion cubic meters...

As he was watching, his phone vibrated suddenly. Yang Dongsheng took it out and took a look. It was Chen, the propaganda officer.

"Student Yang, Happy New Year!" A hearty voice came from the phone.

"Happy New Year!" Yang Dongsheng also smiled.

Yang Dongsheng has a good relationship with this classmate Chen. The other party helped Yang Dongsheng a lot in publicity. The two also collaborated in filming a series of documentaries, which were sent to Haili and received a lot of praise from the leaders.

"I heard that your company can provide ethane?" Chen asked.

"Yes!"

"How much can you supply in a year?"

Yang Dongsheng thought about it, but didn't report too much, "It's about 100 million tons!"

One ton of ethane is almost 750 cubic meters, and one million tons is 100 million cubic meters.

"No one has bid yet?"

"Student Chen wants to introduce business for me?"

"Can you really introduce, how about it, do you have time now?"

The two agreed on a meeting place.

Walking into the private room, apart from classmate Chen, there is also a middle-aged man in his fifties. This man is a bit fat, with a very festive face, as if he is smiling all the time. He looks similar to Maitreya Buddha.

"This is Mr. Li, who is in charge of oil refining and chemical industry of the Petroleum Group!" Classmate Chen introduced.

"Vice President, Vice President!" Maitreya Buddha continued to be humble, and then stretched out his hand to Yang Dongsheng, "I have admired President Yang for a long time. Thanks to President Yang's generous help in 1998, our Oil City Oilfield in Heilongjiang Province was not destroyed Flooded."

"You're welcome!" Yang Dongsheng smiled.

This Mr. Li is so polite, probably not because of the great flood in 1998, but because of what Yang Dongsheng did recently, which shocked many people in Beijing.

After a few more polite words from both parties, Mr. Li directly explained the purpose of his visit, "Our petroleum group entered the chemical industry relatively late, and it is not as good as their petrochemical group for the time being, especially in ethylene production!"

Ethylene is known as the "mother of the petrochemical industry" and is the basic raw material for chemical production.

Through ethylene, a series of products such as polyethylene (PE), polyvinyl chloride (PVC), styrene, acetic acid, acetaldehyde, and ethylene glycol can be produced.

The plastic cups and tubes we use in our daily life, the plastic bags used to store things, and the plastic films used in agricultural production... are all produced with ethylene as raw material.

Due to the lack of raw materials, domestic ethylene has been in short supply for a long time.

In 2005, although our country only imported 11 tons of ethylene, it was mainly because the boiling point of ethylene reached minus 103.7 degrees, making it difficult to transport directly.

What we import in large quantities are polyethylene, polyvinyl chloride, styrene, ethylene glycol and other downstream products that are easy to transport.

In 2005, the domestic ethylene production was 787.5 million tons, but the national ethylene equivalent consumption reached 1876 million tons that year, which means that more than half of the ethylene products we use are imported.

Yang Dongsheng nodded, thinking that it was so.

"With all due respect, the petroleum group shouldn't need to buy raw materials from us to produce ethylene?" Yang Dongsheng asked.

You are one of the famous three barrels of oil!

"Including our petroleum group, at present, ethylene is mainly produced by naphtha cracking process in China, while in the Middle East, which is rich in ethane resources, ethane is mainly used as raw material to produce ethylene." Mr. Li explained.

Comparing the two, the recovery rate of naphtha to produce ethylene is only over 30%, that is, to produce 100 million tons of ethylene, more than 300 million tons of naphtha is needed.

And naphtha is not a natural mineral, it is one of the products of petroleum refining.

The quality of crude oil in our country is poor, and the recovery rate of naphtha is only about 20%.

That is to say, if naphtha is used to make ethylene, and a project with an annual output of 100 million tons of ethylene needs to be built first, a national-level large-scale oil refining base of 1500 million tons will be built.

While using ethane as raw material to produce ethylene, the recovery rate can reach more than 75%.

A large-scale ethylene project with an annual output of 100 million tons only needs 130 million tons of ethane to meet the demand.

The process is complex and the industrial chain is long, which means that the longer the construction period, the more capital needs to be invested.

Currently, the most advanced naphtha-to-ethylene project in China is the 2005-ton ethylene project in Shanghai, which was put into operation in 90. This is a joint venture between Petrochemical Group and BP.

从2002年3月28日正式开工，到2005年3月18日乙烯装置实现一次投料开车成功，整个建设周期差10天不到三年，工程总投资达到27.48亿美元。

This is still relying on the excellent port facilities in Shanghai and the largest petrochemical industry group in the Yangtze River Delta in the country, which can directly provide them with raw material naphtha.

If the naphtha refining facilities are included, the construction cost may be in the tens of billions of dollars.

However, for an ethane-to-ethylene project of the same scale, the construction cost and construction period only need a little more than half of the naphtha-to-ethylene project.

Using ethane to produce ethylene, naphtha can be used more in the production of gasoline, kerosene, benzene, toluene, mixed xylene (PX) and other products, thereby reducing crude oil imports.

"I have to explain one thing. At present, our technology is not yet mature, and the price of ethane will be relatively high, which is much higher than the international market price calculated according to the exchange rate!" Yang Dongsheng said.

"Naturally!" Mr. Li said.

Mr. Li doesn't care much about the price. In the past year, the price of domestic polyethylene was basically more than 1 yuan per ton, and the supply of products was in short supply.

On average, 1.3 tons of ethane can produce 1 ton of ethylene, so they have a lot of room for negotiation.

This situation is very similar to the steel industry in the 90s.

While talking, suddenly the phone rang. Yang Dongsheng picked up the phone and looked, it was Li Rufeng calling.

Yang Dongsheng pleaded guilty and answered the phone, "Dongsheng, do you have ethane for sale?"

(End of this chapter)