Party Committee of China Petrochemical Corporation Makes a Decision to Learn from ZRCC
Party Committee of China Petrochemical Corporation Makes a Decision to Learn from ZRCC
Party Committee of China Petrochemical Corporation
August 7, 2012
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Zhenhai Refining & Chemical Company (hereinafter referred to as ZRCC) was founded in 1975. After 37 years of development, it has become the nation's largest refining-chemical integrated enterprise. Refining competitive indicators continued to maintain a leading level in the Asia-Pacific region, the new ethylene plant rapidly becomes the pacesetting unit of Sinopec's chemical sector. Over the years, with building a world-class refining-chemical integrated pacesetting enterprise as its own vision, ZRCC implements the scientific concept of development, optimizes the industrial structure, strengthens the management of innovation, and focuses on minds-leading and construction of employee team. The core competitive power of enterprise continuously improves. The profit maintains the advanced level, total assets continuously expand, operating revenues continuously grow, and achieved profits exceed more than five billion yuan for three consecutive years. The scale of the enterprise has doubled, while labor productivity increases dramatically, and total number of employees continues to decline. ZRCC achieves a high quality and efficient development, and makes ​​important contributions to national and local economic and social development and improvement of the overall competitive power of Sinopec.
ZRCC is an excellent model of enterprises of Sinopec. Advanced ideas, experiences and practices of ZRCC should be learned from and promoted by other enterprises; therefore the party committee of Sinopec Group made a decision to carry out movement of learning from Zhenhai Refining & Chemical Company in Sinopec.
Information source: 
2012-08-21