Hashtag
The Times


The cold regenerant circulation (CRC) catalytic cracking technology was selected as "the top 20 advanced and applicable low carbon technologies in raw material industry in 2023".

At the exhibition site, Li Li, deputy general manager of Luoyang Weida Petrochemical Engineering Co., Ltd. (hereinafter referred to as "Luoyang Weida petrochemical") said in an interview with reporters that Luoyang Weida Petrochemical is a technological innovation enterprise in the field of carbon neutralization. After 15 years of continuous improvement, its independently developed cold regenerant cycle (CRC) technology has achieved major breakthroughs in basic theory, experimental research and industrial application. This technology first puts forward the concepts of multi zone optimization and reaction depth optimization control of catalytic cracking (FCC) reaction, realizes a subversive new riser reaction path, and leads the development direction of FCC technology.

Catalytic cracking (FCC) process is the core of China's oil refining industry and the main means of light heavy oil. With the increasing trend of crude oil deterioration and heaviness, and the increasing blending ratio of FCC residue, the quality of gasoline produced by FCC process becomes worse, which intensifies the environmental pollution. The complete set of CRC technology and equipment with the characteristics of energy conservation, emission reduction and low carbon efficiency has finally ushered in a development opportunity.

Since 2008, through independent research and development, the CRC project R & D team composed of Li qunzhu of Luoyang Weida Petrochemical has made a series of core technologies and engineering innovation achievements, such as reaction process, key equipment and optimization control, and realized the world's first set of industrial applications.

In February 2015, the project passed the industrialization demonstration organized by the China Productivity Promotion Center Association. The appraisal and demonstration opinions of academician Jin Yong, academician Yang Qiye and other industry experts pointed out that the CRC technology adopts mature and reliable cold regenerant circulation and control technology, scientifically solves the current common contradictions among reaction temperature, regeneration temperature, feed temperature and agent oil ratio, and overcomes the worldwide problems that have plagued the FCC technical community for more than 30 years, For the first time, the multi zone optimization of RFCC reaction and the optimal control of reaction depth were realized.

Li Li said that after the successful development of CRC technology, PetroChina oil & Gas Co., Ltd. and PetroChina overseas Guangxi Dongyou asphalt Co., Ltd. adopted CRC technology for technical transformation, making CRC technology achieve good economic benefits in the application of 1million T / a large FCC industrial device.

The operation of the industrial plant shows that the CRC technology has a significant effect on energy conservation and emission reduction, which can improve product quality and reduce the concentration of NOx and Sox in flue gas. Compared with the existing FCC technologies at home and abroad, the light oil yield of CRC technology is increased by 1.7 percentage points, the energy consumption is reduced by 11.6kg standard oil / ton of raw material, the unit consumption of catalyst is reduced by 30%, and the efficiency of each ton of raw material is increased by 166 yuan. At the same time, the quality of gasoline and diesel produced is significantly improved, and the flue gas emissions are significantly reduced, in which Sox is reduced by 30% and NOx concentration is reduced by 40%. Its operating indicators are significantly better than the existing FCC technology, and are at the international leading level. For the first time, CRC technology has realized the independent control and optimal control of the catalyst oil ratio, and then can realize the optimal control of the FCC device. It is safe, reliable, low-carbon and efficient, and has both economic and environmental benefits. Its industrial application will help the oil refining industry to be digital and intelligent, and significantly reduce energy and material consumption.

In June 2014, the project passed the achievement appraisal organized by China Petroleum and Chemical Industry Federation, and won the first prize for scientific and technological progress of China Petrochemical Federation. In 2015, the cold regenerant circulation (CRC) technology won the second prize of the National Science Progress Award.

In November, 2021, CRC technology was selected as the "typical case of carbon neutralization" in 2021 by the people's network, China Environmental Protection Federation and the Ministry of ecological environment. In February, 2022, the national development and Reform Commission, the Ministry of industry and information technology, the Ministry of ecological environment and the Energy Administration jointly issued the guidelines for the implementation of energy conservation and carbon reduction transformation and upgrading, which listed "CRC technology" as a mature "green process technology" in the oil refining industry during the "fourteenth five year plan".

On May 28 this year, at the award ceremony of the 6th ZhongGuanCun international frontier science and technology innovation competition, Beijing keruiyin Low Carbon Technology Co., Ltd., invested by Luoyang Weida petrochemical, won the title of "TOP10 in the field of carbon neutralization" in the 6th ZhongGuanCun international frontier science and technology innovation competition.

According to Li Li, at present, CRC technology has been granted a number of national invention patents. Luoyang Weida petrochemical company has fully independent intellectual property rights. All equipment, instruments and materials required for the implementation of CRC technology can also be based in China and play a strong driving role in related industries. The technology is applicable to both new and existing units, so it has strong market competitiveness and broad market prospects for large-scale industrial applications. According to the market share of 50%, during the 10 years from 2020 to 2030, China will increase profits and taxes by about 250billion yuan, save 22.95 million tons of standard coal, and achieve a total CO2 emission reduction of 141 million tons.

Academician Jinyong and other experts pointed out that the cold regenerant circulation (CRC) technology has led the development direction of catalytic cracking (FCC) technology. Its popularization and application will realize the low-carbon production of catalytic cracking units, greatly improve the energy conservation, emission reduction and cleaner production level of China's refining and chemical industry, and make positive Chinese contributions to the global petrochemical industry.

Hashtag: #LuoyangWeidaPetrochemical

The issuer is solely responsible for the content of this announcement.

How To Build A Portfolio That Doesn’t Depend On Shares Alone

Owning several shares doesn’t always mean your portfolio is truly diversified. If those companies respond to the same economic c...

Why Waterproof Jewellery Is Becoming Every Australian's Everyday Essential

There was a time when jewellery was the first thing to come off before a workout, beach swim or shower. Today, that's changing. ...

The Growing Popularity of Lab Diamond Engagement Rings in Manchester

Choosing an engagement ring is one of the most meaningful decisions a couple will make. Today, more people are looking for beautif...

Shou Sugi Ban: The Ancient Technique Behind Australia's Boldest New Facades

Drive through any established or newly developing suburb in Australia right now and you'll notice a growing number of homes with...

Why Every Mining Site Needs a Purpose-Built First Aid Kit

Mining is one of the most physically demanding industries in Australia, and it's also one of the most heavily regulated when it ...

What First-Time Owners Should Ask Caravan Dealers Before Their First Adventure Trip

Choosing a caravan is a decision that can shape the way you travel for years to come. The number of options available from carav...

IN THE NEWS

Hong Kong: future-proofing the financial system for long-term sustainability

HONG KONG SAR - Media OutReach Newswire - 24 October 2024 - Paul Chan, Financial Secretary of the Hong K.

COSEM Commemorates Almost Two Decades of Emergency Response and Disaster Management Training, and Co…

SINGAPORE - Media OutReach Newswire - 5 June 2024 - COSEM Safety & Security Services, the leading pr.

Significant reasons why you should wrap your car

Wrapping allows you to modify the look of your ride without a long-term commitment, and it acts as a te.

Uni-Bio Science Group Limited Announces 2024 Annual Results

Record-Breaking Revenue of HK$553.0M and Net Profit of HK$82.8M First-ever Dividend was HK$0.277 Cents Pe.

Treating Bed Bug Infestation: How to Say Goodbye to Bed Bugs with Top 3 Natural & Easy Sydney Pe…

Do you want to have a guaranteed assurance of a good night's sleep? We know how the thought of havi.

Vital technology: how you can use a laser level for top results

You won’t find an Aussie building site without a construction laser present. They can help with anyth.

Health & Wellness

What Do Clinical Teams Need from Their Surgical Supply Partners?

Hashtag.net.au - avatar Hashtag.net.au

In clinical settings, surgical supply partners aren’t just vendors. They sit quietly behind the scenes of operating lists, specialist consultations, treatment rooms and recovery workflows. When they...

The Growing Focus on Communication Development in Children

Hashtag.net.au - avatar Hashtag.net.au

The early developmental years of a child's life represent a critical window for neurological growth, behavioural shaping, and language acquisition. During this formative phase, the ability to interpre...

Looking for a Family Dentist in Sydney? Here's What To Consider

Hashtag.net.au - avatar Hashtag.net.au

Finding the right family dentist in Sydney is one of the most important health decisions you can make for your household. With hundreds of practices spread across the city — from Beecroft to Bondi, Pa...

hacklink hack forum hacklink film izle hacklink Pelisäännötjojobetjojobetcasibomjojobetcasibom girişgrandpashabet girişvip deneme bonusubetparkbetparkonline pokieGalabetthe pokiespokiesThe Pokies casinoThe Pokies Australiaplay pokies onlinealykellomiehelleälykello miehelleRoyal reelsThe Pokies loginThe Pokies bonusz-lib officialjojobetGalabetroyal reelsRoyal Reels casinoRoyal Reels Australiaplay Royal ReelsJaiho 777betebetcasinos not on gamstopcasinos not on gamstopnon gamstop casinojojobetcasinos not on gamstopbest casinos not on gamstopcasinos not on gamstopsites not on gamstopsites not on gamstopjojobetmatbetjojobet giriş