Shandong Haihua Group Co., LTD. Petrochemical branch

The Petrochemical branch of Shandong Haihua Group Co., Ltd. is a subsidiary of Shandong Haihua Group. Founded in October 2003, it is a comprehensive utilization enterprise of heavy oil, mainly processing crude oil, residuum oil and catalytic materials, and is one of the pillar industries cultivated by Haihua Group. The company covers an area of 120 hectares with 774 employees.
In October 2015, the integration project began construction with a total investment of 2.6 billion yuan. The investment project includes four sets of new installations and six sets of retrofitting installations, as well as supporting the construction of crude oil and refined oil pipelines, tank farms and public works. Existing installations include: 2.4 million tons/year raw material pretreatment unit, 1 million tons/year delayed coking unit, 800,000 tons/year catalytic cracking unit (including 200,000 tons/year gas fractionation), 800,000 tons/year diesel hydromodification unit, 600,000 tons/year gasoline and diesel hydrofining unit, 400,000 tons/year catalytic gasoline hydrogenation unit, 400,000 tons/year catalytic reforming unit (including 17,000 N) m3/h hydrogen purification, C7+ separation technical transformation project), 30,000 tons/year MTBE device, 5,000 tons/year sulfur recovery device, 20,000 nm3 /h dry gas hydrogen production device.
The project was completed in October 2018, and the crude oil processing scale is 2.4 million tons/year, the main products are clean fuels such as gasoline and diesel, and the production of naphtha, propylene, liquefied gas, benzene, petroleum coke, sulfur and other products.
In July 2020, the petrochemical assets were leased by Shandong Shouguang Luqing Petrochemical Co., LTD., with a three-year lease period. During the asset lease period, employees borrow from Luqing Petrochemical, and Haihua Group is responsible for the salary and welfare, performance bonus, social insurance fee, housing provident fund payment, etc. In addition to the loan personnel, there are three organizations, namely the supervision department, the operation Department and the resident team of the Group's financial department, with 15 staff members, responsible for supervising the execution of the lease contract (including lease assets, equipment maintenance, investment transformation, inventory supervision and management, lease fees, personnel loan service fees collection), crude oil procurement and sales and other related businesses.

Add: No. 08066 Lanhai Road, Binhai Economic and Technological Development Zone, Weifang City, Shandong Province
Tel: 0536-5329791