Sinopec Zhenhai Refining & Chemical Company (hereinafter is abbreviated as ZRCC) is one of the flagship enterprises affiliated to Sinopec. With Zhejiang Refinery as its predecessor that dates back to 1975, the Company was restructured into Zhenhai Refining & Chemical Co., Ltd. and became listed on Hong Kong Stock Exchange in 1994. Responding to the integrated strategic plan of Sinopec, Zhenhai Refining & Chemical Co., Ltd. revoked its listing position in March, 2006 and in September of the same year, incorporated the Sinopec Zhenhai Refining & Chemical Company.
Over the past thirty five years, following a philosophy of “Grow in Harmony, Share the Future”, taking the good opportunity of developing costal refining and chemical enterprises and making full use of the favorable geographic location of Ningbo, Zhejiang province and the developed market in East China area, ZRCC has been maintaining constant pioneering, progressing, reforming and innovating, making it grow into an enterprise with the largest scale, leading profit and the strongest competitiveness in the country out of a small refinery of 2.5 million tpa, and it is marching forward to a world scale refining and chemical integration pace-setting enterprise from a China’s pace-setting refinery.
With a comprehensive crude oil processing capacity of 23 million tpa, an aromatics capacity of 1 million tpa, a polypropylene capacity of 200,000 tpa, a deep water sea jetty with over 45 million tons of annual handling capacity and a tankage of over 3 million cubic meters, ZRCC is, for China, the largest base for crude oil processing, for imported crude oil processing and sour crude oil processing, an oil products export base as well as one of the major crude oil distribution bases. World renowned Solomon’s performance evaluation report indicates that ZRCC ranks among the top group in competitive ability among the 72 Asia-Pacific refineries. The statistics from Oil & Gas Journal in America show that ZRCC’s refining capacity ranked 17th in the world. On December 2009, ZRCC 1000 KTA ethylene project was mechanically completed, which makes ZRCC become the largest refining and chemical integration enterprise in the country.
ZRCC boasts its various and comprehensive processing methods and supporting facilities, close combination between petroleum and chemicals, and capability of deep and inferior crude processing. All production plants are equipped with DCS control and major plants are operated with APC. In particular, the plants, such as 10 MTA CDU/VDU, 3 MTA FCC, 500 KTA PX, 200 KTA PP and 410 t/h CFB boilers, are leading refining, chemical and cogeneration units in China with respect to scale and technology, representing the advanced level in China’s refining industry.
ZRCC commits itself to providing clean and environmental-friendly products for the society, producing intermediate petrochemical products to drive down-stream industry development, innovating and developing a variety of high-end petrochemicals. The types of its products are up to more than 40, covering clean gasoline with different grades, diesel, jet fuel, LPG, road asphalt, urea, aromatics, etc. Particularly, gasoline, jet fuel and diesel are exported to countries such as US, Japan, India, Korea, Singapore and regions such as Taiwan and Hong Kong SAR. Meanwhile ZRCC was awarded to supply “East Sea brand” asphalt to Shanghai F1 Track. The successful application of this customized asphalt enables ZRCC edge into the FIA’s shortlist of asphalt supplier. In 2009, ZRCC successfully supplied Euro Ⅴ ultra low sulphur diesel to Hongkong market, achieving the first record of domestic diesel entry into Hongkong market.
ZRCC attaches importance to “intrinsic safety” and insists on implementing environmental and safe works from sources. ZRCC fully implements internal cycling economy and actively constructs the resource conservation and environmental friendly enterprises for many years. Major indexes of energy conservation and emission reduction maintain the industrial leading position in China, some of which even meet international advanced level. ZRCC was honored as one of the first group of eight “National Environmental-friendly Enterprises” granted by Chinese government, and won excellence prizes for China’s environment and China’s leading enterprise for energy conservation and emission reduction.
ZRCC seeks coordinated development of internal optimization and external expansion, and seeks simple, efficient, continuously innovative management. ZRCC has established integrated systems with documental management as core, forming the management atmosphere that there are regulations for principle issues, procedures for simple works, procedures for complicated business, and criteria for performance evaluation. ZRCC has implemented “One set of regulatory documentation supports multiple management system”. The uniform ERP business platform has been implemented in ZRCC, with wide information system application of PIMS, LIMS, PI and etc.
In 2009, under the guide of scientific development, ZRCC grasped the beneficial opportunity of the state’s rationalizing energy pricing mechanism, actively coped with international financial crises, completely relieved tremendous pressures from refining production and ethylene project construction, moved forward together and made good progress centering on “continuously improve management” and “strengthen leading team construction”. The total crude processing volume reached 19,760,000 tonnes in 2009, keeping the No.1 in the country. Meanwhile, key projects with significant strategic meaning moved forward in solid steps and continuously improved internal management, further strengthened human resource construction, hence the enterprise represents continuously effective and harmonious development situation.
Address: Zhenhai District, Ningbo City, Zhejiang Province
Postcode: 315207
Tel : +86 ( 0574) 86440114
Fax: +86 (0574) 86270077
Website: www.zrcc.com.cn
