In spite of increasingly weakening prospect of the global economy and repeated austere measures by the central government, China 's irresistible economic advancement continues astonishing the world, pushing its GDP growth up to a new high of 11.5% for 2007, the fifth successive year of acceleration. Correspondingly, oil demand in China remains headstrong along with the country's irreversible trend toward industrialization and urbanization.
Fuel requirements for not only ever-growing volumes, but also changing product structures, grades, qualities, environmental regulations, and delivery logistics, plus increasing sour and heavy crude processed pose unprecedented challenges to Chinese refiners. A campaign of huge investment is underway in refining capacity expansions and upgrading. The Chinese downstream oil sector is undergoing a new round of consolidation and structural changes. As geopolitical conflicts and fluctuating world energy market pacing growing impacts on the domestic energy market in China , Chinese government is strengthening its control over the domestic sector, while cautiously introducing market mechanism and reform programs to pursue more effective market performance.
As the second largest oil consumer and refiner, and one the most rapidly developing markets in the world, China has been expanding its influences on the global market. To satisfy increasing interest in the Chinese downstream oil sector, 3E Information Development & Consultants is bringing to clients
China Refining and Ethylene Capacity Survey (2007-2008), the third consecutive annual research report on China 's refining and petrochemical capacity and operations.
3E teams have exerted efforts in continuing upgrading the survey to cover more aspects and details of the sector. The 2007-2008 survey has been further expanded to include 11 sections plus detailed capacity sheets of major refineries and ethylene plants. The refining capacity table provides over 80 state-run and major local refineries with annual distillation capacity above one million tons (20,000 barrels per day), being listed by owner, province and major processes including distillation; sour crude processing capacity, reforming, cat-cracking, cat-splitting, hydro-cracking, hydro-treating, residue oil hydro-treating, coking and etc.
- Summary
- Refining Capacity Survey 2007
- Refining Capacity Expansions in 2007
- Refinery Operations in 2007
- Refinery Turnarounds in 2007
- Ethylene Capacity Survey 2007
- Ethylene Capacity Expansions in 2007
- Ethylene Plant Operations in 2007
- Ethylene Plant Turnarounds in 2007
- Policy and Regulation Update of the Downstream Oil Sector
- Outlooks of Refining Capacity Expansions in 2008
- Outlooks of Ethylene Capacity Expansions in 2008
