September 05, 2024 – Shanghai SECCO Petrochemical Co., Ltd., a leading player in China’s petrochemical industry, has recently made public the environmental impact report of its ethylene project’s raw material structure and product optimization initiative. This undertaking aims to diversify and lighten the ethylene feedstock, along with optimizing the polyethylene plant’s output, thereby bolstering the company’s industrial chain competitiveness.
As one of the earliest ethylene joint venture projects in China, Shanghai SECCO Petrochemical has consistently been at the forefront of the industry. Jointly established by Sinopec, Shanghai Petrochemical, and BP from the UK, the company has continuously introduced cutting-edge technologies and management philosophies since its inception in 2002, setting a benchmark for the petrochemical sector. Notably, its ethylene engineering project has blazed a trail in terms of scale, project management, technological processes, and market-oriented operations, significantly contributing to the reform and opening-up of China’s petrochemical industry in the new millennium.
According to the Color Masterbatch Industry Network, this latest project not only marks a substantial upgrade to existing facilities but also represents a significant step in Shanghai SECCO’s sustained efforts to promote energy conservation, reduce consumption, and upgrade its product mix. The implementation of this project is expected to further enhance the company’s competitiveness within the industrial chain, offering more high-quality products to society and underscoring the effectiveness of joint ventures.
Looking back at Shanghai SECCO’s journey, its ethylene project has undergone several expansion and modification phases since its successful launch in 2005, resulting in a notable increase in production capacity. By the end of 2022, with its ethylene plant as the cornerstone, the company had cumulatively provided over 55 million tons of commodities to society, generating sales revenue exceeding 440 billion yuan. This remarkable achievement highlights Shanghai SECCO’s prominent position in the petrochemical industry and lays a solid foundation for its future growth.