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China Petrochemical Corporation(Sinopec Group),the Asia’s largest refiner,started opera-tion of a new refinery in Qingdao of Shandong province,eastern China on June 16th.The RMB12.5 billion plant will process 10 million tons of crude oil imported per year and produce 7.08 million tons of oil products and 2.03 million tons of petrochemicals each year.
The Asia’s largest refiner, started opera-tion of a new refinery in Qingdao of Shandong province, eastern China on June 16th. The RMB12.5 billion plant will process 10 million tons of crude oil imported per year and produce 7.08 million tons of oil products and 2.03 million tons of petrochemicals each year.