Founded in 1966 and located in Zibo City, Shandong Province, Qilu Petrochemical covers a land area of 16.64 square kilometers. After decades of steady development, it has grown into a core backbone enterprise in China’s petrochemical sector with multiple national leading industrial bases. It boasts four distinctive and pivotal industrial advantages: the country’s largest processing base for high-sulfur and high-acid crude oil, one of China’s top synthetic rubber production bases, the nation’s sole dry-process acrylic fiber production base, and the only chlor-alkali production enterprise under Sinopec Group.
As a key pillar safeguarding national energy strategic security and the high-quality supply of petrochemical products, the company owns total fixed assets of 50.9 billion yuan and operates 143 complete production sets. It achieves an annual operating income of nearly 80 billion yuan and annual profits and taxes exceeding 12 billion yuan.
In terms of production capacity, Qilu Petrochemical has a comprehensive oil refining processing capacity of 12.5 million tons per year and an ethylene production capacity of 800,000 tons per year. Its annual output reaches 5.2 million tons of refined oil products and 3.9 million tons of chemical commodities, covering more than 120 types of petrochemical products of various grades to meet diverse market demands.
Adhering firmly to the green and low-carbon development path, Qilu Petrochemical has taken the lead in environmental protection and ecological governance in the domestic petrochemical industry. The company has constructed and put into operation China’s first million-ton-level CCUS (Carbon Capture, Utilization and Storage) facility, building a national demonstration base and benchmark project for carbon reduction in the petrochemical field.
A number of clean energy projects including photovoltaic power generation and hydrogen production for fuel cells have been successfully commissioned, earning the company the title of “Sinopec Green Enterprise”. In addition, Qilu Petrochemical undertakes sewage treatment for more than 100 surrounding local enterprises, effectively guarding the ecological lifeline of the Yellow River Basin and practicing ecological responsibility with solid actions.
Qilu Petrochemical adheres to independent technological innovation to drive high-quality development. It has established the Qilu Branch of Beijing Research Institute of Chemical Industry, as well as pilot bases for plastics, rubber and PVC, and a professional technology center.
The company has independently developed the LS-DeGAS complete technology for reducing SO2 emission concentration in sulfur recovery units, with its sulfur recovery rate reaching the international leading level. Up to now, it has won 434 scientific and technological invention and progress awards at the national, group and provincial and municipal levels. It has applied for 1,915 domestic and foreign patents and obtained 1,355 authorized patents, ranking among the top 100 enterprises in national scientific and technological progress.
Insisting on the people-oriented development concept, Qilu Petrochemical focuses on talent training and team building to consolidate core enterprise strength. The company has cultivated 9 national model workers, 99 provincial and ministerial-level model workers, and more than 100 national and provincial-level technical experts and Sinopec technical experts. It has been awarded the National Outstanding Contribution Award for Skilled Talent Cultivation for its outstanding achievements in talent team construction.
While optimizing talent training mechanisms, Qilu Petrochemical continuously strengthens refined enterprise management. Its excellent modern management system has won the National Enterprise Management “Golden Horse Award”, recognizing its leading level in domestic enterprise standardized operation.
Qilu Petrochemical takes the lead in promoting high-level digital and intelligent transformation in the domestic petrochemical industry. It has built Sinopec’s first “Industrial Internet + Work Safety” platform, which greatly improves the intelligent and refined level of enterprise safety management and control.
Besides, the company has put into operation Sinopec’s first intelligent product warehouse management system, setting a benchmark for intelligent and automated sample management and product storage in the petrochemical sector, effectively boosting operational efficiency and intelligent manufacturing capabilities.
Bearing in mind the mission of safeguarding national energy supply, Qilu Petrochemical has shouldered solid economic and social responsibilities as a central enterprise. Since its establishment, it has cumulatively processed 417 million tons of crude oil, produced 21.49 million tons of ethylene, achieved a total industrial output value of 1.5488 trillion yuan, and realized total profits and taxes of 241 billion yuan. It has played a pivotal role in stabilizing national economic growth and securing domestic energy supply.
