Cross -offed surface ｜ After two consecutive declines of safe production investment, an accident occurred again in Shanghai Petrochemical

Author:Jinan Times Time:2022.06.19

At 4:00 on June 18th, a fire in the ethylene glycol device area of the Ministry of Petrochemical and Chemical Engineering. At present, the accident led to a slight scrubbing of an employee in Shanghai Petrochemical, and a third -party transport vehicle driver died. After the accident, the cause of the accident and the decline in the company's production safety investment have attracted the attention of investors again.

The reporter noticed that on April 7 this year, Shanghai Petrochemical held a mobilization meeting in 2022, and the first phase of the renovation was stopped from April 1st to early July. Reconstruction on the 78th day. In 2021, Shanghai Petrochemical implemented the largest suspension of work in the company's history. In May of that year, Shanghai Petrochemical flashed, causing 14 people to burn.

In 2021, safety production investment decreased by 60%

"Shanghai Petrochemical will cooperate with the government authorities to fully promote the investigation of the accident." At 17:00 on the 18th, Shanghai Petrochemical released the latest progress about the fire. At that time, on -site disposal was carried out in an orderly manner.

Shanghai Petrochemical is called Sinopec Shanghai Petrochemical Co., Ltd., which is a highly comprehensive petrochemical enterprise mainly engaged in petrochemical business. Crude oil processing is made to make synthetic fiber, resin and plastic, intermediate petrochemical products and petroleum products. Controllers artificial Sinopec Group.

On the snowball network, some investors found that Shanghai Petrochemical reduced the investment, repair and maintenance expenses in 2021. Shanghai Petrochemical's 2021 Corporate Social Responsibility Report shows that from 2019 to 2021, the investment in safety production was 234 million yuan, 285 million yuan, and 112 million yuan, respectively. Safety production in 2021 decreased by 60%year -on -year. In the past three years, the number of employees injured was 15, 19 and 39, respectively.

According to the annual report of the past two years, from 2019 to 2021, Shanghai Petrochemical Repair and Maintenance expenses were 1.09 billion yuan, 1.06 billion yuan and 380 million yuan, respectively.

An investor believes that if an enterprise does not pay attention to the investment in production, the consequences are serious. However, some people believe that the accident of Shanghai Petrochemical on June 18 has nothing to do with security investment.

Some investors cannot understand that companies do not lack money. Why do they cut expenditure? As of the end of 2021, Shanghai Petrochemical Monetary funds reached 12.499 billion yuan, of which 7.387 billion yuan was regular deposits. The interest income of deposit was 509 million yuan, and interest expenditure was 106 million yuan. "The interest liability is far less than the idle funds."

Some people combine the Shanghai Petrochemical plant equipment and depreciation assets. They believe that the use of some equipment is long. It is recommended to increase equipment maintenance costs year by year.

The reporter noticed that in April, a public account tweet in Shanghai Petrochemical Online introduced the old device. The Shanghai Petrochemical No. 1 Etanol was completed and put into operation in early 1990. After 4 technical transformation, it has been running for 32 years.

An accident occurred during two consecutive years of overhaul

On the morning of April 7, Shanghai Petrochemical held a mobilization meeting in 2022 in the form of video. According to the time arrangement, the overall network of large renovation and renovation in 2022 is mainly divided into two stages. The first phase is from April 1 to early July. It is mainly 21 sets of devices including the refining department, the chemical industry, and the carbon fiber business department.

The ethylene glycol device area of the Shanghai Petrochemical and Chemical Ministry of Petrochemical and Chemical Engineering is currently in the period of overhaul. New Yellow River reporter found that this was not the first accident during the maintenance and reconstruction of Shanghai Petrochemical.

During the 2021 annual report, Shanghai Petrochemical explained that the cumulative processing of crude oil production declined in that year, mainly due to the largest installation of the company's history of the year. In the first half of that year, the company carried out large -scale installation and transformation, and ended in June. According to public reports, at 8:26 on May 29, 2021, during the preparation of driving preparations for the maintenance of the Shanghai Petrochemical Department, the raw material pipeline of the furnace area flashed, resulting in 14 people burns.

At this year's large repair and reconstruction mobilization meeting, Wu Haijun, the secretary of the company's party committee and chairman, put forward three requirements on the work on the work, including focusing on safety and environmental protection, learning from the "5 · 29" accident lessons, and all contractors and subcontractors participating in construction. All must study the "Top Ten Bans" and "Nine Articles" of Sinopec's HSE. You must verify the system elements through large repair and transformation, and strictly control the risk of safety and environmental protection.

Recently, some investors asked, compared with last year, how did this year's large -scale repair scale and cost change? In this regard, the secretary of Shanghai Petrochemical stated that according to the plan, the number and expected cost of the installation involved this year will be less than last year.

"It will not have a significant impact on the market"

After the fire on the 18th, some investors were worried about the company's ethylene glycol output. Others are worried that the price of ethylene glycol fluctuates by this incident.

Ethylene glycol is a low -toxic chemical product, which is mainly used to produce polyester, antifreeze, adhesive, etc. In 2020 and 2021, Shanghai Petrochemical produced 230,700 tons and 150,700 tons of ethylene glycol, and the sales of ethylene glycol in 2021 were only 41,400 tons, a year -on -year decrease of 67.48%. In 2021, the production of products such as ethylene glycol produced in Shanghai Petrochemical accounted for the continued decline in the market share of similar products in China. Shanghai Petrochemical is expected to produce 103,000 tons of ethylene glycol this year.

At noon on the 18th, the surging news reported that the staff of Shanghai Petrochemical was responsible for propaganda that the device involved in the factory area had been arranged in order to park in an orderly manner and is undergoing emergency processes.Data show that this time Shanghai Petrochemical Parking is the No. 2 device, with a capacity of 380,000 tons, accounting for 1.67%of the total production capacity of ethylene glycol, accounting for 4.9%of the production capacity of East China.For a binary market, it has a certain impact.Affected by this emergency, it is expected that the output of ethylene glycol in Shanghai Petrochemical may be reduced in June. Jinlianchuang said that the ethylene glycol market continued to fluctuate in the short term.

Shanghai Petrochemical said that the suspension of related devices will not have a significant impact on the market.

Jinan Times · New Yellow River client reporter Du Lin