At the 2006 China Petroleum and Petrochemical Equipment Industry Development Forum, Zhu Yu, former president of the China National Petroleum and Chemical Research Institute of Economics and Technology, highlighted that the oil refining equipment industry in China is currently experiencing both significant opportunities and substantial challenges.
One major opportunity lies in the large-scale expansion of refining capacity. It is expected that at least 10 million tons of new refining capacity will come online each year for the next five years. This growth will drive the demand for large-scale refining equipment. Additionally, as the light oil yield increases, the depth of processing will also rise, leading to a surge in demand for secondary processing technologies such as catalytic cracking, reforming, and delayed coking. Another key factor is the need to meet the national III standards for oil quality, which will significantly boost the demand for hydrogenation equipment. By 2010, it is anticipated that hydrogenation capacity will increase by 35 to 40 million tons per year, resulting in a greater need for various types of hydrogenation reactors.
Moreover, rising reliance on imported crude oil and the need to expand refining and storage capacities will also increase the demand for infrastructure. The capacity of crude oil docks must be expanded by 150 million tons annually, while the total storage capacity for oil products needs to grow by over 100 million cubic meters.
However, the industry also faces three major challenges. First, as refining companies aim for higher efficiency, there is a growing need for advanced equipment that can reduce energy consumption—from 75 kg of standard oil per ton of crude oil to 70 kg. Processing sulfur-rich and acid-containing crude oils with a light oil yield exceeding 75% requires new processes and innovative equipment, including advanced mass transfer systems, high-efficiency heat exchangers, and more efficient reactor internals and furnaces.
Second, the industry must develop large-scale, high-precision, and long-lasting equipment, such as high-parameter centrifugal and reciprocating compressors, to support the integration of refining and chemical production on a larger scale. Finally, improving equipment reliability, fault diagnosis technology, and pressure vessel safety assessment methods is essential to ensure safe and continuous operation over extended periods.
Overall, the refining equipment sector in China stands at a pivotal moment, where innovation and technological advancement will play a crucial role in meeting future demands and overcoming existing challenges.
FERRIC CHLORIDE ANHYDROUS
Ferric chloride anhydrous, also called IRON(III) CHLORIDE ANHYDROUS is an inorganic compound. It is a dark brown solid that is soluble in water and presents a yellow brown solution.
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