中化新网讯 2025年12月29日，波兰石油天然气集团(波国油)与森索斯集团签署协议，全资收购负责建设 新丁二烯萃取装置的S54公司。该装置建成后将并入波国油普洛克生产基地，完善集团石化产业链条， 交易估值约6.92亿兹罗提。 波国油首席执行官伊雷纽什·法法拉表示，此次交易解决了烯烃Ⅲ项目及丁二烯装置投资遗留问题，标 志着双方合作迈入新阶段。波国油通过该方案重获装置完全控制权，为"新化工计划"推进扫清障碍，也 为双方透明共赢的长期合作奠定基础。 据悉，S54公司承建的丁二烯萃取装置将加工全部C4馏分，产出抽余油供下游石化环节使用。双方同步 签署多项协议及合同修订案，全面规范法律与商业合作关系。合作范围拓展至捷克市场，将克拉卢比丁 二烯合资企业及相关原料合同期限从2049年提前至2038年，并延长两年乙烯、苯产品的捷克市场承购 期。 此次收购源于数年前普洛克石化扩张计划，原项目曾独立于波国油管控体系。本次交易进一步强化了项 目安全性与运营灵活性，助力集团优化单体生产设施建设及环氧乙烷、乙二醇等产品的产能布局。 ...

Core Viewpoint - In November, Shandong's refining units turned a profit after a period of losses, with an average theoretical profit of -32.4 yuan/ton. However, in December, despite expectations of rising feedstock prices, the profitability of these units is expected to fluctuate around breakeven due to weak product prices [1][2]. Group 1: Profitability Trends - In November, Shandong's refining units experienced a mixed performance, with losses in the first half of the month and profits in the second half, resulting in an average theoretical profit of -32.4 yuan/ton [1]. - The profitability of the refining units improved in the latter half of November as product prices strengthened while feedstock prices weakened, leading to a gradual shift from losses to profits [2]. - The outlook for December suggests that refining unit profits will remain within a positive range, driven by strong expectations for gasoline prices despite weak feedstock price trends [3]. Group 2: Market Dynamics - The crude oil market's support for product prices is limited, with supply and demand dynamics influencing the pricing of oil products [2]. - The feedstock market for naphtha is experiencing a decrease in circulation, which supports price increases; however, high prices may deter downstream buyers, limiting the sustainability of these price increases [2]. - The product market is expected to maintain a narrow fluctuation in prices in the short term, with a bullish sentiment for gasoline leading to increased procurement activities [3].