China Petroleum & Chemical will operate the upcoming Manila refinery, proposed to be built at National Capital in Philippines. The non integrated refinery will be owned by China Petrochemical and is expected to start operations in 2027.
Key processes of the refinery
Crude Distillation Unit (mbd): 400
Vacuum Distillation (mbd): 192
Catalytic Cracker (mbd): 100
Hydrocracker (mbd): 96
Reformer (mbd): 76
Hydrotreater (mbd): 252
Alkylation (mbd): 12
Isomerization (mbd): 24
During the period 2021-2025, the Manila refinery is expected to witness an estimated capex of $1,530m.
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; research, development and application of technology and information. 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, synthetic rubber, synthetic fiber, chemical fertilizer and petrochemical intermediates. Sinopec is headquartered in Beijing, China.
Methodology
Information on the refinery is sourced from GlobalData’s refinery database that provides detailed information on all active and upcoming, crude oil refineries and heavy oil upgraders globally. Not all companies mentioned in the article may be currently existing due to their merger or acquisition or business closure.