Could hongrun be China’s largest crude oil refiner?
That would bring Hongrun¡¯s total crude storage capacity to 15.8 million cubic meters, or nearly 100 million barrels, which is equivalent to nine days of China¡¯s total crude oil imports, said the Shandong-based official, adding that this is possibly the largest such facility owned by a private Chinese refiner.
Where are China’s oil refineries located?
Based in Weifang in the northeastern part of Shandong province, China¡¯s oil hub for independent refineries, Hongrun, which started investing in crude oil storage a decade ago, plans to build 2.8 million cubic meters of crude oil tankage space next year.
What is in this 85,000 BPD crude oil refinery?
Phoenix Equipment has this 85,000 BPD Crude Oil Refinery for sale. The refinery comes complete with atmospheric crude distillation unit, vacuum distillation unit, visbreaking unit, thermal cracking unit, fluid catalytic cracking unit, catalytic reforming unit, hydrogen purification plant, desulphurization and treating unit, sulfur recovery unit.
Are European oil and chemical companies selling domestic refineries?
Many European oil and chemical firms have been looking to sell domestic refineries since last year as demand for fuels and petrochemical products has fallen more sharply in Europe than in most other parts of the world, hitting profit margins. Following are the refineries around Europe that have been sold or are up for sale:
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