With the rise in market prices of rubber, styrene and liquefied petroleum gas, the chemical products of Jinzhou Petrochemical Company continued to increase profits significantly, with a contribution rate of more than 58%. Chemical products made a profit of nearly 10 million yuan in August.

In the first half of this year, Jinzhou Petrochemical Company seized the favorable opportunity of rising oil prices and exuberant chemical market to realize the transformation of refining and chemical business from a loss of 1.729 billion yuan in 2020 to a profit of 882 million yuan in the first half of this year.

Adhere to problem rectification to promote the improvement of management, practice safety and stable benefits, the rectification rate of problems found in the first half of the audit reached 78.6%, to ensure the long-term operation of the plant. We will continue to tap potential and increase efficiency in depth, make every effort to create an "upgraded version" of improving quality and efficiency, formulate 197 measures for improving quality and efficiency, and achieve an efficiency of 128 million yuan in the first half of the year. Among them, implement the low-cost operation strategy, optimize the purchasing scheme of imported crude oil, carry out conversion pricing operation, reduce the crude oil cost by 35.84 million yuan; optimize the commercial storage operation, reduce the procurement cost by 10.98 million yuan; stop using the PSA unit of the hydrogen recovery unit, optimize the associated unit process, and increase the efficiency by 820000 yuan per month.Adhere to the market demand to guide the production and marketing plan, the use of characteristic advantage equipment processing, significantly enhance the benefit contribution rate of chemical products, deepen the communication and resonance with the target users, and create a long-lasting golden season for characteristic products.