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Sinochem rolls out Quanzhou petrochemical project

17 Jul '14
4 min read

Sinochem Quanzhou refining project attaches great importance to HSE (health, safety and environmental protection). Its safety, environmental protection and occupational health facilities have been designed, constructed and put into operation with the main project concurrently. The project is equipped with complete safety and environmental protection facilities: it employs state-of-the-art refinery waste (wastewater, flue gas, and solid waste) treatment technologies, and its flueand gas emissions have been desulfurized and denitrated. All its major environmental indexes are at domestically and internationally advanced levels.

Experts within the industry observe that although China has excessive oil refining capacity in general, it lacks advanced, high-level refining capability. Sinochem Quanzhou refining project, featured by economies of scale, advanced technologies and environmental friendliness, can better satisfy market demand for high quality oil products, and promote the upgrading and transformation of China’s petroleum refining industry.
 
Sinochem Group is China's fourth largest national petroleum company noted for its market orientation and global operation. Since the late 1990s, Sinochem Group has been speeding up the strategic transformation of its petroleum business as China reforms its petroleum administration system.
 
While consolidating its advantages in crude oil trading and third-party petroleum storage and logistics business, Sinochem Group has been striving to expand both upstream and downstream along the petroleum industry value chain. At present, Sinochem’s energy business covers every link of the industry value chain, including oil and gas exploration & production (E&P), oil refining, oil trading, storage and logistics, distribution and retails.
 
With the completion of Sinochem Quanzhou refining project, a major breakthrough in oil refining, a key link in Sinochem Group’s petroleum industry value chain, has been achieved. As a result, Sinochem Group's petroleum business will develop at a much greater speed, its position as the fourth largest national oil company, gained through market competition, will be strengthened, and new vitality will be injected into China's refined oil market.
 

Sinochem

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