Sinopec Zhenhai Refining & Chemical Company · Ningbo, Zhejiang China
Company Description
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This link will open in a new window Sinopec Zhenhai Refining & Chemical (ZRCC) produces petroleum products through three units -- refining, fertilizer, and chemical products. Its refining unit manufactures gasoline, diesel, kerosene, fuel oil, naphtha, and solvent naphtha. Intermediate petrochemical products include benzene, toluene, xylene, and polypropylene. A unit of Sinopec , the company also makes urea and other petrochemical products such as LPG, asphalt, and petroleum coke. Gasoline, diesel, and jet fuel are its three major products. ZRCC processes the largest volume and variety of imported crude oil in China. ZRCC exports to Hong Kong, India, Japan, South Korea, Taiwan, and the US. To read the full description, subscribe now.
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Key Sinopec Zhenhai Refining & Chemical Company Financials
| Company Type | Subsidiary Headquarters |
| Fiscal Year-End | December |
| Employees | 8,766 |
Sinopec Zhenhai Refining & Chemical Company Executives
3 executives listed for Sinopec Zhenhai Refining & Chemical Company's Ningbo, Zhejiang location.
| Title | Name & Bio | Contact |
| Sinopec Representative | Jiang Zhenghong | Network |
| President | Yu Renming | Network |
| Chief Accountant | Yang Youbin | Network |
Competition
Competitive Landscape for Sinopec Zhenhai Refining & Chemical Company
Demand for petroleum comes mainly from auto and truck use and home heating. Profitability is determined by the efficiency of operations. Most companies are local and operate a single "bulk station" (tank farm), although the large companies may operate a dozen facilities and serve several states. Large wholesale purchasers generally can negotiate bigger price discounts from suppliers and spread the cost of bulk holding facilities over a larger number of gallons. An economic recession or dramatic price fluctuations, such as those that occurred in the first half of 2008, reduce demand for gasoline. Concerns about US dependency on foreign fuel and environmental issues also impact demand. Any decline in demand can adversely affect petroleum distributors. To read the full description, subscribe now.Top Sinopec Zhenhai Refining & Chemical Company Competitors
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