Unit processing cost of ZRCC is at Sinopec leading position in the first half year
Unit processing cost of ZRCC is at Sinopec leading position in the first half year
ZRCC inherits the idea of fine management, pursuits better and finer management and strives to be more competitive in terms of cost effectiveness. Complete processing cost per ton of oil and complete processing cost per ton of chemicals are at leading positions in Sinopec in the first half of this year.

Since the beginning of the year, ZRCC extends the cost management to everyone. Team economic accounting system was implemented in 31 units. The phase two performance monitor system expands the indicators evaluation platform and analysis of chemical sector. The company also strengthens invoice management, expands the scope of bank’s letter of guarantee for customs and manages the supplier’s foreign exchange purchase to save financial cost. The financial department improves financial regulations and strengthens the supervision and risk control.

Information source: 
2014-07-14