Judged by current sales and market share, Sinopec Zhoushan is still far away from this target, the source said, adding that the company set its sales target at 1-mil mt for 2010.
Sinopec Zhoushan has stepped up the development of bonded bunker business this year. The company plans to launch bonded bunker business in Qingdao, Guangzhou and Xiamen in the near term, and it is also making preparation for bonded bunker supply in Xiamen. It planned to establish 24 branches for bonded bunker business in 2010 and 40 ones in 2011, said a source with Sinopec.
In the first half of 2010, China's bonded bunker sales volume was about 4.5-mil mt, with roughly two thirds for Chimbusco, some data shows. The rest one third was for five bunker suppliers, including Sinopec Zhoushan.
China Chemical Weekly: http://news.chemnet.com/en/detail-1411716.html