PETROCHINA(SH:601857) Zhong Guo Xin Wen Wang·2026-01-01 07:58Core Viewpoint - The company, Dushanzi Petrochemical, is set to achieve a record ethylene production of 2.0886 million tons by 2025, marking a significant milestone in its operational history [1][2]. Group 1: Production Achievements - The Tarim Petrochemical branch contributed 631,600 tons to the ethylene output, maintaining a high level of stable production [1]. - The main Dushanzi Petrochemical facility achieved an ethylene output of 1.457 million tons, breaking the historical record since the launch of the million-ton ethylene project in 2009 [1][2]. - The company is projected to increase its total ethylene capacity to 3 million tons by 2026 with the ongoing construction of the Tarim 1.2 million tons/year ethylene project [6]. Group 2: Historical Development - Dushanzi Petrochemical's ethylene production history reflects the growth of the western petrochemical industry, transitioning from a single refining operation to an integrated refining and chemical enterprise [2]. - Key milestones include the establishment of the first 140,000 tons/year ethylene project in 1995, the completion of the million-ton ethylene project in 2009, and the launch of the 600,000 tons/year ethane cracking project in 2021 [2]. Group 3: Technological and Management Innovations - The increase in production is attributed to lean management, technological innovation, and green development initiatives, including precise control of process parameters and real-time optimization systems [2]. - The company has achieved a 97.4% preventive maintenance rate for equipment, enhancing operational efficiency [2]. - The first electric cracking furnace for green low-carbon ethylene technology is set to be operational by December 22, 2025 [2]. Group 4: Strategic Goals and Industry Position - Dushanzi Petrochemical aims to enhance its core competitiveness and contribute to national energy security while advancing the petrochemical industry [4]. - The company is focused on developing high-end new materials and achieving self-sufficiency in key technologies, including functionalized rubber and polyethylene elastomers [4].