Liaoning Refining & Chemical Corporation Losses Seriously in the First Three Quarters

The reporter learned from the Economic and Information Commission of Liaoning Province on the 22nd that in the first three quarters, the petroleum and Chemical Industry companies in Liaoning Province suffered serious losses. The profits of other petrochemical enterprises increased significantly year-on-year, and the profits and taxes were 21.21 billion yuan, an increase of 6.29 billion yuan; Profit was 12.47 billion yuan, an increase of 4.02 billion yuan over the same period last year. At present, the province is taking active measures to promote the reduction of losses and efficiency of the refining industry.

In the first three quarters, except for Liaohe Petrochemical, PetroChina lost all seven of its refineries in Liaoning. Seven refineries had a total loss of 12.75 billion yuan, a year-on-year loss of 13.54 billion yuan, of which Dalian Petrochemical, Fushun Petrochemical, and Liaoyang Petrochemical had losses of more than 3 billion yuan. In contrast, the seven refineries completed a total of 40.38 million tons of crude oil processing, representing a year-on-year decrease of 4.9%. The main business income was 229.37 billion yuan, a year-on-year increase of 13.9%. The reporter learned from the Liaoning Petrochemical Industry Economic Analysis Conference recently held that Liaoning is the largest refining and chemical province in the country. At present, major refinery processing tons of crude oil loss is between 500 and 700 yuan. foregone conclusion.

Zhang Ping, director of the petrochemical division of the Liaoning Economic and Information Technology Committee, pointed out the development of the refining industry and stressed that it must continue to do its best to promote industrial restructuring and industrial upgrading. Among them, Liaoyang Petrochemical, which already has 10 million tons of refining advantages, should focus on the characteristics of Russian crude oil, increase the proportion of high-value-added products, increase the scale of reforming, and optimize the pattern of the olefin industry. Fushun Petrochemical, which is building 1 million tons of ethylene and 10 million tons of oil refining, should strive to break through the technological bottlenecks, optimize supporting facilities, strengthen management, and maximize economic efficiency and reduce losses and increase efficiency. In addition, Liaoning needs to speed up the development of a number of private enterprises that cooperate with refining companies and have economies of scale, efficiency, and market, focusing on promoting 10 million tons of oil refining, 1 million tons of ethylene, 2.2 million tons of PTA, and 4 billion cubic meters of coal-based natural gas 19 major projects were constructed and 14 petrochemical industry clusters were further promoted.

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