In 2022, the first-phase project of the company includes 2 million tons/year catalytic cracking, 5 million tons/year heavy asphalt, gas MTBE supporting facilities, gasoline and diesel hydrogenation supporting methanol hydrogen production and other projects, with a total investment of more than 2 billion yuan. At present, it has been completed and put into production, and all environmental protection indicators and product quality meet the national standards. At the same time, in February 2022, it was rated as a municipal health enterprise.
Dongying Yatong Petrochemical Co., Ltd. settled in Dongying Port Economic Development Zone in September 2007, and was the first petrochemical enterprise to settle in Dongying Port Economic Development Zone.