China Petrochemical Fujian Refining & Chemical Co., Ltd. (hereinafter referred to as Fujian Refining & Chemical Company) is a large-scale petrochemical enterprise jointly built by China Petrochemical and Fujian Petrochemical Industry Company according to the ratio of 50%: 50%.
Fujian Refining and Chemical Company has two large Sino-foreign joint ventures. In June 2007, Fujian United Petrochemical Company was established with ExxonMobil China Company and Saudi Aramco China Company at a ratio of 50%: 25%: 25% with a total investment of 4.963 billion US dollars.
In September, 2008, Linde Gas Company of Fujian Refining and Chemical Company, a joint venture between Fujian Refining and Chemical Company and Linde Gas (Hong Kong) Co., Ltd., was formally established to provide gas source for Fujian United Petrochemical Company. At the same time, Fujian Refining & Chemical Company actively promoted the preparatory work for the new12 million tons/year refining project.
Extended data
Fujian Refining & Chemical Company mainly processes imported crude oil, producing unleaded gasoline, light diesel oil, jet fuel No.3, liquefied gas, propylene, fuel oil, solvent oil, polypropylene, petroleum coke, sulfur and other six categories, 22 varieties and 58 brands of petrochemical products.
Among them, No.3 jet fuel, light diesel oil and unleaded gasoline for vehicles won the titles of "high-quality products" and "customer-satisfied products" in Fujian Province. From 1993 to the end of 2005, the company has processed 38.67 million tons of crude oil, realized sales income of 74.9 billion yuan and realized total profits and taxes of 8.26 billion yuan. By the end of 2005, the original value of the company's fixed assets was 4.436 billion yuan, and the net value was1823 million yuan.
Asset-liability ratio19.52%, capital-liability ratio 9.55%; There are 2,450 employees, among which all kinds of professional and technical personnel account for 29.04% of the total employees.
Fujian Refining and Chemical Co., Ltd.-Company Profile
Baidu Encyclopedia-China Petrochemical Fujian Refining and Chemical Co., Ltd.