Sinopec's high efficiency catalyst and complete set of technology for the value-added conversion of dilute ethylene won the Second Class National Science and Technology Progress Award, creating another bright card for Sinopec.
The development of value-added conversion technology has broken through a number of technical bottlenecks. The total recovery of ethylene has reached over 96%, and the resource utilization of more than 20% of China’s by-product dilute ethylene has been realized. It has played an important technical supporting role in reducing costs and increasing efficiency, and promoting sustainable development of resource saving for China’s refining and chemical enterprises.
In addition, the technology has also improved technical economy of clean oil products, effectively facilitated transformation and upgrading of China’s oil refining industry and pushed forward the industry to gradually move towards green development.