Core Viewpoint - Jilin Petrochemical's new 1.2 million tons/year ethylene plant has successfully produced qualified ethylene products, increasing its total ethylene capacity to 1.9 million tons/year [1] Investment and Capacity - The total investment for the new ethylene facility is 4.177 billion yuan (including tax), covering an area of 119,000 square meters [1] - The new plant is expected to produce 1.2 million tons of polymer-grade ethylene and 587,000 tons of polymer-grade propylene annually, along with over 20 types of chemical raw materials and products [1] Technology and Equipment - The plant utilizes domestic CBL cracking technology and LECT separation technology, achieving a domestic equipment localization rate of 96% [1] - Key core equipment has achieved 100% independent control, with comprehensive energy consumption and other technical indicators reaching advanced domestic levels [1] Project Timeline - The foundation work for the facility began on November 12, 2022, with civil construction starting on April 1, 2023 [1] - Mechanical completion is scheduled for November 30, 2024, with intermediate handover on April 30, 2025, and successful initial operation on August 31, 2025 [1]