On November 21, Shenyang Paraffin Chemical Co., Ltd. received a precious gift - a certificate and trophy of"2012 China Petroleum and Chemical Industry Federation Science and Technology Progress Award".
Following the Shenyang Municipal Science and Technology Progress Award, the company's 500,000 tons/year heavy oil catalytic pyrolysis (CPP) to olefins demonstration plant was rewarded again.
CPP plant is the first set of industrialized plant with overall independent intellectual property rights i.e. the heavy oil catalytic pyrolysis (CPP) to olefins technology, and is also to be included into the national demonstration projects of ethylene industry long- term development planning. In the CPP technical industrialization process, Shenyang Paraffin Chemical Co., Ltd. developed a number of significant improvements in connection with new technology so as to enhance plant stability, achieve a longer cycle full-load operation and further raise ethylene and propylene products yield, which realize the strategic objectives of "a small oil head, a big chemical tail - a small amount of crude oil can produce a great amount of ethylene and propylene", and discover a new food and new process path for global ethylene industry. The CPP plant has been operating smoothly for 3 years since start-up with considerable economic benefits, which promote Shenyang Chemical to join the ranks of billions Group.