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Views: 1 Author: Site Editor Publish Time: 2022-01-26 Origin: Site
On April 26, the crude oil catalytic cracking technology independently developed by Sinopec was successfully tested in Yangzhou Petrochemical Company, which directly converted crude oil into light olefins, aromatics and other chemicals.
This process could convert to around 50-70% of chemicals of a barrel of crude oil.
Besides the COTC routes developed by Sinopec, the other two major oil companies are also seeking breakthroughs in oil refining & chemical industry.