On March 24, the Production Planning Department of Yanchang Petroleum brought good news! To date, the production of 1,4-butanediol in the first quarter has reached 23,412 tons, increasing by 2.7% year-on-year. The production of ethylene glycol has reached 20,611.8 tons, increasing by 19.1% year-on-year. The cumulative production of major products has reached 46,881.7 tons, increasing by 3.4% year-on-year. This marks the successful completion of the dual tasks of "a good start in the first quarter" and steady growth seven days ahead of schedule, laying a solid foundation for the successful completion of the annual production and operation tasks.

Actively explore the boundary operation tests of key indicators, establish a three-color early warning system for key parameters and a linkage response mechanism for abnormal conditions; focus on operational difficulties, bottlenecks, and pain points, and compile a list of issues categorized as "core + key + general." Carry out two breakthroughs and two enhancements special activities, collaboratively tackling technical challenges such as fluctuations in syngas composition and the prolonged operation of the ethylene glycol hydrogenation catalyst. The frequency of fluctuations in the acetylene cracking furnace has been reduced from 5-6 times per week to 3-4 times per month. Innovatively conduct face-to-face communication between upstream and downstream units, simulate previous shutdown incidents through large-scale desk exercises, and implement joint inspection measures and special rectification actions for unplanned shutdowns of large units. From January to March, the average load of the BDO and ethylene glycol units reached 93.4% and 82.3%, respectively, an increase of 2.9 and 3.4 percentage points compared to last year. The output of major products increased by 4.3% year-on-year, achieving the dual goals of "stable operation and stable growth."

In the face of serious overcapacity in the industry and weak downstream demand, Yanchang Petroleum is conducting in-depth research and analysis, implementing internal reforms, and improving efficiency. The focus is on assessing key core indicators such as long-cycle operation of facilities, unplanned shutdowns, cost expenses, energy consumption per unit, and product quality. The assessment will shift from being solely focused on production units to a linkage assessment involving both production units and functional departments.