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Finance
UserPic Kokel, Nicolas
ZhongKe Guangdong
2024/10/17 07:54 PM
Dongxing Petrochemical integrated into ZongKe Refinery & Petrochemical Company View Main Message

SINOPEC Zhanjiang Dongxing Petrochemical Company Limited

For the record, we reproduce here below the description page of the SINOPEC Zhanjiang Dongxing Petrochemical Co., Ltd. dated from Nov. 2016 on the Sinopec website as this description is not up-to-date and may disappear:

SINOPEC Zhanjiang Dongxing Petrochemical Company Limited (hereinafter referred to as “the Company”) is a large-scale oil refining and petrochemical enterprise, with a crude oil processing capacity of 5 million tons per year. The Company has 28 sets of production plants and matching utilities, such as atmospheric and vacuum distillation, catalytic cracking, reforming, hydrogenation, polypropylene, aromatics extraction, gas separation and sulfur recovery. The main products include gasoline and diesel, LPG, naphtha, benzene, xylems, polypropylene, heavy oil, etc. 

The Company is located at the southernmost tip of Chinese mainland Zhanjiang City, Guangdong Province, with an area of 1428 mu. The Company is only 4.2 kilometers away from Zhanjiang Port which is the biggest sea port in southern China, thus tankers can directly dock at the 300 thousand-ton-pier of the port. Relying on its geographic advantage as well as the convenience of sea, highway, railway and pipeline transportation, refined oil products can be sent to Yunnan, Guizhou and Sichuan provinces and the Pearl River Delta regions in Guangdong province straightly. 

Since the acquisition, the Company firmly follows the overall arrangement of SINOPEC Group. On the basis of maintaining and carrying forward the fine traditions, the Company gives full play to the advantages of its institutions and mechanisms. Meanwhile, it pays close attention to “people-oriented” principle as well as “HSE” management, and vigorously promotes fine management. The Company has achieved security and stability of production for 10 years and also puts an end to security and environmental accidents and unplanned shutdown incidents which must be reported to the Group. The main technical indicators of the Company keep improving year by year, and some of them are keeping an advanced level of the industry. 


Sinopec merges two Guangdong-based refineries

In Aug. 2014, Reuters reports that Sinopec Corp has merged two subsidiary refineries in Guangdong combined the newly launched Zhongke refinery complex and a neighbouring old plant Dongxing Petrochemical, both based in the coastal city of Zhanjiang, and named the merged entity Zhongke Refining and Chemical Co.

ZhongKe (Guangdong) Refinery & Petrochemical Company Limited

In the 2023 Annual Report and Accounts of SINOPEC Corp., ZhongKe (Guangdong) Refinery & Petrochemical Company Limited is reported as a main subsidiary in which the Sinopec parent holds a 90.3% share in its subsidiary.

#sinopec  #zhanjiang  #dongxing  #petrochemical  #guangdong  #
zhongke #refinery 

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