Maoming Petrochemical plans to consume 1.2-mil mt of crude in August, steady on month and also the highest level in history, a refinery source said.
The source ascribed the still high target to good crude refining margins and ethylene sales profits.
Maoming Petrochemical, located in Maoming City of South China's Guangdong Province, has a crude processing capacity of 13.5-mil mt per year. It mainly processes sour crude from the Middle East and suppliers its oil products to South and Southwest China.
The source ascribed the still high target to good crude refining margins and ethylene sales profits.
Maoming Petrochemical, located in Maoming City of South China's Guangdong Province, has a crude processing capacity of 13.5-mil mt per year. It mainly processes sour crude from the Middle East and suppliers its oil products to South and Southwest China.
