ZRCC Optimizes Management and Ranks First in Refining & Chemical Sector

ZRCC Optimizes Management and Ranks First in Refining & Chemical Sector

Since the beginning of this year, ZRCC has made continuous efforts to improve its stimulus mechanism, encouraging the grass-root innovation and focusing on the enterprise-based technological breakthrough. In the first half year, there were totally 234 technological breakthrough activities had been carried out by 25 technical teams of ZRCC, which solved a series of problems that ZRCC were frustrated during its production and operation in the past.
In production aspect, ZRCC had made great efforts to overcome the difficulties of crude imbalance at times, took full advantage of the crude blending system, strictly controlled the blend ratio of crude, timely adjusted the processing scheme of Crude Distillation Unit, maintained the overall balance among Coker feed, FCC feed and asphaltene production so as to ensure that the whole production plan was under control. In the context of crude oil getting worse, however, the crude oil processing volume of ZRCC achieved a record high level for the same period.
In business aspect, ZRCC actively facilitated the upgrading of oil products in order to increase its market share of high-grade gasoline. In the first half year, ZRCC had sold 671,900 tons of 97# gasoline in total, which enabled ZRCC become the No.1 seller among all refineries of Sinopec. ZRCC had also expanded its sales volume in domestic and overseas markets as much as possible, and its cumulated sales volume of jet fuel reached 953,500 tons during the first half of this year.
In addition, based on the improvement of management mechanism for energy conservation & consumption reduction and comprehensive diagnosis of unit energy conservation, ZRCC had become the first enterprise in Sinopec that the comprehensive energy consumption of refining was less than 45kg standard oil equivalent per ton. The two major index of ZRCC, namely processing cost per ton of crude oil and production cost per ton of chemical product, were less that RMB ¥100 and RMB ¥1000 respectively, which kept the No.1 position within Sinopec.
In the first half of this year, ZRCC had processed 10.93 million tons of crude oil with 5.92 million tons of bulk oil products (gasoline, kerosene and diesel) and 55,000 tons of ethylene. With its revenue of RMB ¥68B, ZRCC ranked 1st in terms of profit in refining & chemical sector of Sinopec.

Information source: 
2013-08-05