Entity

Petrochemical Changqing ethane-to-ethylene project | Photo: Bai Kexiong (Aug 6, 2021). Soho.com  

PetroChina Lanzhou Petrochemical Yulin Chemical Co., Ltd. (中石油兰州石化榆林化工有限公司) is a wholly-owned subsidiary of Lanzhou Petrochemical, established in April 2019 with registered capital of 3 billion RMB. It operates the separate petrochemical facility in Yulin City, Shaanxi Province.

The company's business scope encompasses the production and sales of chemical products, petroleum and natural gas technology services, and related petrochemical operations. The total investment in the Yulin facility was approximately 10.4 billion yuan.​

Yulin Chemical represents PetroChina Lanzhou Petrochemical's strategic expansion into Shaanxi Province, enabling the parent company to leverage regional natural gas resources from the Changqing Oil Field while diversifying its geographic footprint beyond its traditional base in Gansu Province. The company serves as a key component of Yulin City's development as a world-class high-end energy and chemical base.