Core Insights - Jilin Petrochemical Refinery achieved a record crude oil processing of 7.363 million tons in the first three quarters of the year, generating a profit increase of 255 million yuan through optimization, technological upgrades, and product enhancements [1] Group 1: Incremental Efficiency - The refinery implemented a holistic approach to optimize the entire production chain, breaking down barriers in supply, production, sales, storage, and transportation to maximize the value of every drop of crude oil [2] - A cross-functional team was established to focus on the balance of waxy oil, achieving 100% internal consumption of heavy and low-quality waxy oils, which previously required external sales [2] - The refinery adjusted its production load in response to market demand fluctuations, producing 1.556 million tons of gasoline and 2.352 million tons of diesel from January to September [2] Group 2: Technological Upgrades - The refinery's online optimization blending system for gasoline was enhanced, increasing its usage rate from 23% to 52.2% and achieving a blending qualification rate of 97.8% [3] - A team discovered that new catalysts increased reaction temperatures significantly, leading to a reduction in fuel gas consumption from 630 cubic meters to 350 cubic meters per hour, saving 3.5 million yuan annually [4] - The refinery optimized heat feed across 11 units, increasing the heat feed ratio from 59.1% to 76.8%, saving over 70,000 yuan monthly [5] Group 3: Specialty Product Development - The refinery focused on product structure adjustments, successfully upgrading petroleum coke quality from grade 2B to 2A, enhancing both quality and profitability [6] - The development of high-value products, such as aviation kerosene, achieved certification and rapid market entry, contributing significantly to the refinery's profit increase [7] - The aromatics unit exceeded production targets for pure benzene and ortho-xylene through raw material optimization and reaction depth adjustments, supporting the refinery's overall profitability [7]

Core Viewpoint - The report titled "2025-2031 China Xylene Industry Development Dynamics and Investment Opportunity Analysis" aims to provide comprehensive insights into the development trajectory of the xylene industry in China, serving as a reference for manufacturers, government agencies, and industry experts [1]. Industry Overview - The xylene industry report has been published annually since 2018, with a total of seven editions, documenting the industry's development and summarizing its current status and trends [1]. - The report consists of 11 chapters, covering market development environment, operational status, competitive landscape, key enterprise analysis, and future trends and investment forecasts [1]. Market Analysis - As of the end of 2024, the price of xylene with a purity of ≥96% in China was 6965.37 yuan per ton, reflecting a 0.57% decrease month-on-month and a 7.13% decrease year-on-year [3]. - The domestic xylene production capacity has seen new releases, but the downstream demand growth remains stable, leading to a relaxed supply-demand relationship and price suppression [3]. Industry Chain - The upstream of the xylene industry includes raw materials such as petroleum-based (crude oil, naphtha) and coal-based (coal, methanol) materials, as well as production equipment like catalytic reforming units and aromatic joint units [6]. - The downstream applications of xylene span various sectors, including textiles, food packaging, automotive manufacturing, solvents, pharmaceutical intermediates, coatings, dyes, and pesticides [6]. Regional Distribution - The distribution of xylene industry enterprises shows significant regional concentration, primarily in East China (Zhejiang and Jiangsu), South China (Guangdong and Fujian), and Northeast China (Shandong and Liaoning), forming three major industrial clusters [9]. Future Trends and Investment Opportunities - The report provides a detailed analysis of the new trends and highlights in the xylene industry for 2024, along with a deep reflection on existing issues, offering beneficial suggestions for high-quality development in the future [1].