Reshaping Energy with Innovation

(China Daily, October 14, 2019)

Sinochem Energy Co Ltd, the energy business arm of State-owned Sinochem Group, will operationalize the second phase of its Quanzhou refinery base in East China's Fujian province in 2020. This move will raise its annual petroleum refinery distillation capacity from 12 million metric tons to 15 million tons a year, which will help meet domestic demand. In addition to boosting its refining capacity, the annual production of 1 million tons of ethylene (including related derivatives) and 2 million tons of aromatics in the second phase of Sinochem Energy's Quanzhou petrochemical project will be guaranteed by the increase in the production volume of chemical raw materials.