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 four years, following a philosophy of “Grow in Harmony, Share the Future”, taking the good opportunity of developing costal refineries 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 a sound growth momentum through constant pioneering, progressing, reforming and innovating, making it grow into the largest refinery in China out of a small refinery of 2.5 million tpa.
With a comprehensive crude oil processing capacity of 20 million tpa, a urea capacity of 600,000 tpa, an aromatics capacity of 1 million tpa, a polypropylene(“PP”) capacity of 200,000 tpa, a deep water sea jetty with 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 the first group in competitive ability among the 72 Asia-Pacific refineries. The statistics from Oil & Gas Journal in America show that ZRCC ranked 17th in the world of its refining capability.
ZRCC boasts its various and comprehensive processing methods and supporting facilities, close integration between refining, fertilizer 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 million tpa CDU/VDU, 3 million tpa FCC, 2 million tpa DCU, 3 million tpa diesel hydrogenation unit and 1.8 million tpa VGO hydrogenation unit, 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, premium diesel, jet fuel, LPG, high-grade road asphalt, urea, aromatics, etc. Particularly, gasoline, jet fuel and aromatics are exported to countries such as US, Japan, India, ROK, Singapore and regions such as Taiwan and Hong Kong SAR. Meanwhile ZRCC was awarded to supply asphalt to Shanghai F1 Track. The successful application of this customized asphalt enables ZRCC edge into the FIA’s shortlist of asphalt supplier. Moreover, many more petrochemical products, such as RON98 lead-free gasoline conforming to Euro III Emission Specification & Olympic Specification, gasoline conforming to Australia specification, low sulfur urban diesel, effect-enhanced urea, gasoline conforming to Beijing standard B, and heavy traffic paving SBS petroleum asphalt produced by colloid mill , etc. have been developed and launched to the market.
ZRCC attaches importance to “intrinsic safety” and stringently secures all levels of safe production accountability. The Company was conferred the title “Sinopec safe-production advanced enterprise”. Due to implementation of clean production and pollution control in all-around way, all of pollutant emission indexes are good enough to be deemed as advanced level in China, of which, some even meet international levels. ZRCC also established an economic mode of internal cycle to build itself into ecologic enterprise, realizing the harmony with the community, surroundings and nature. In September 2004, ZRCC was honored as one of the eight “National Environmental-friendly Enterprises” granted first by Chinese government. In July 2007, it was awarded “China Baosteel’s Environmental Protection Award of Excellence”. ZRCC continues to seek innovation with its management and operation systems, and strive for better management and higher technology content. It has established a regulatory document management system that embodies stipulations for principle issues, procedures for simple works, procedures for complicated business, and criteria for performance evaluation. ZRCC is marching toward the objective of “One set of regulatory document supports multiple management system”. The uniform ERP business platform and integrated management system have been implemented in ZRCC, with wide information system application of PIMS, LIMS, and PI, etc.
In 2008,facing tremendous market risks and operation pressure, ZRCC adhered to the guide of scientific development concept, carried out campaigns of " Year of keep enhancing the management " and "Year of strengthening the construction of leadership ", met the challenges as a whole, cast strengthened management with great concentration, took the opportunity to accelerate development, and earnestly fulfilled the three major responsibilities for state-owned enterprise.
ZRCC ranked the first in terms of throughput among domestic refineries in 2008, with total processed crude oil 19.98 million tons, an increase of 3.48% in comparison with previous year. ZRCC produced 12.472 million tons of product oils (gasoline, kerosene and diesel), n increase of 3.48% in comparison with previous year. Therefore, ZRCC played a key role in maintaining market stability. Meanwhile, ZRCC coordinated ethylene project and refinery to boost coordinative development. Construction of 1 million tons/year ethylene project showed steady progress. 23 million tons/year refining revamp project launched. A batch of key projects such as Light hydrocarbons and hydrogen recovery, comprehensive utilization of C5 resources and Hangzhou refinery 100,000 tons/year of white oil hydrogenation were successfully put into operation. Potential of enterprise’ future development is continually growing.
Address: Zhenhai District, Ningbo City, Zhejiang Province
Postcode: 315207
Tel: +86 ( 0574) 86444813
Fax: +86 (0574) 86270077
Website: www.zrcc.com.cn
