China Petroleum & Chemical will operate the upcoming Gulei cracking refinery, proposed to be built at Fujian, China. According to GlobalData, who tracks and profiles more than 1,400 refineries worldwide, the integrated cracking refinery will be owned by China Petrochemical and Saudi Arabian Oil, with operations expected to start in 2025. Buy the profile here.
About China Petroleum & Chemical
China Petroleum & Chemical Corp (Sinopec), a subsidiary of China Petrochemical Corporation, is a vertically integrated energy and chemical company. It operates in the oil and gas exploration and production, extraction and marketing; oil refining; and production, marketing, storage and transportation of petrochemicals, chemical fibers, chemical fertilizers and other chemical products. The company also undertakes import and export agency business of crude oil, natural gas, refined oil products, petrochemicals, chemicals and other commodities and technologies. Its product portfolio includes refined oil products such as gasoline, diesel and jet fuel; and petrochemical products that include synthetic resin, synthetic fiber monomers and polymers, chemical fertilizer and petrochemical intermediates. Sinopec is headquartered in Beijing, China.
For more details on the Gulei cracking refinery, buy the profile here.