Its role Operator
Zhenhai Refining & Chemical operates as a key integrated refining and petrochemical enterprise in China. Located in the Zhenhai area of Ningbo, it maintains a major base for refining crude oil and producing ethylene through advanced cracking processes. The company is noted for its production of high-purity 4M1P, a specialty chemical used in various industrial applications including polymer manufacturing.
Being part of the Sinopec group, one of the largest state-owned petrochemical conglomerates globally, Zhenhai Refining & Chemical benefits from vertical integration that spans from refining to downstream chemical synthesis. This structure enhances operational efficiency and supports the production of a wide range of fuels, olefins, and derivatives.
The company contributes significantly to China's petrochemical industry by advancing high-end product development and technological upgrades in refining. Its facilities are among the largest in the region, playing a vital role in meeting domestic demand for refined products and chemical intermediates while aligning with national goals for industrial modernization.
Also known as Sinopec Zhenhai Refining & Chemical, ZRCC, and 中国石化镇海炼化.
chemXplore tracks 1 project involving Zhenhai Refining.
Pursues green transitions, technology independence, integrated retail‑energy services and early-stage investments to build diversified strategic growth poles.
Pushes integrated regional bases, oil‑to‑chemicals/specialty conversions, smart factories and capacity rationalisation to secure feedstocks and high‑end materials for advanced manufacturing.
Units move to stabilise refining volumes, raise new‑materials output and upgrade product mix while pushing structural adjustment under the 'one base, two wings, three chains, four new' pattern.
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