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Business / Companies

Sinopec launches new crude distillation unit

(China Daily) Updated: 2012-12-12 13:27

China Petroleum & Chemical Corp, known as Sinopec, started a new crude distillation unit at its Maoming refinery this month, bringing the facility's capacity to more than 20 million metric tons a year.

China is expected to increase its annual oil-processing capacity to 578 million tons, or 11.6 million barrels a day, by the end of this year, and 700 million tons by 2015, according to a report issued in February by China National Petroleum Corp, the nation's biggest energy producer.

China Daily - Agencies

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