(Xinhuanet) 5th-Phase Gasoline Ready to Supply Zhejiang Next Year
On October 31, the reporter learned from ZRCC, the company will provide the “5th-phase” standard automobile gasoline with sulphur content less than 10ppm and upgrade the diesel quality to “4th-phase” standard before June, 2014.
“As long as Zhejiang market needs, all gasoline produced by ZRCC will meet the “5th-phase” standard by the first half of next year,” said by Mr. Zhang Yuming, president of ZRCC.
According to the national timetable for fuel quality upgrading, the transitional time for “4th-phase” standard gasoline will expire at the end of 2013, the transitional time for “4th-phase” standard diesel will expire at the end of 2014, and the transitional time for “5th-phase” standard gasoline & diesel will expire at the end of 2017.
In
addition
to
its
main
target
market
of
Zhejiang
area,
ZRCC
will
supply
portion
of
high
standard
oil
products
to
Hongkong
market.
As
the
largest
integrated
refining
and
chemical
company
of
China,
ZRCC
has
a
crude
oil
processing
capacity
of
23,000KTA,
which
accounts
for
5%
of
the
total
processing
volume
of
China;
an
ethylene
plant
with
ethylene
capacity
of
1000KTA,
which
accounts
for
7%
of
the
total
ethylene
production
of
China.