Direct processing of crude oil in steam cracking

At present, ExxonMobil and Sinopec are the only two companies to successfully achieve industrial application of crude oil steam-cracking technology worldwide. It was officially launched as the world's first chemical unit that processes crude oil in Singapore in 2014. The yield of ethylene + propylene is around 35%.

On November 17, 2021, it was learned from the Sinopec Information Office that Sinopec's key project "Technology Development and Industrial Application of Ethylene Production by Cracking of Light Crude Oil" was successfully tested in its Tianjin Petrochemical. Crude oil can be directly converted into ethylene, propylene and other chemicals, realizing the first industrial application of crude oil steam cracking technology in China. The yield of chemicals reaches around 48.24%.