Zhejiang Petroleum & Chemical Co., Ltd. (ZPC) operates one of the world's largest integrated refining and petrochemical complexes in the Zhoushan Green Petrochemical Base, Zhejiang Province, China.
Established in June 2015 as a mixed-ownership enterprise with private majority control and state-owned participation, the company has developed a 40 million tons per year refining and chemical integration project spanning 41 square kilometers with total investment exceeding 300 billion yuan. The project is implemented in two phases, with Phase 1 (20 million tons crude processing, 5.2 million tons aromatics, 1.4 million tons ethylene) operational since late 2019 and Phase 2 under expansion.
ZPC produces over 30 types of refined petroleum and chemical products, including National VI gasoline, diesel, jet fuel, paraxylene (PX), high-end polyolefins, polycarbonate, rubber, ABS, and other organic chemical raw materials. It employs advanced process technologies for aromatics, ethylene cracking, and downstream deep processing, and has recently licensed technology for a new 1.2 million metric ton per annum propane dehydrogenation (PDH) unit, the world's largest.
The company is a subsidiary of Rongsheng Petrochemical Co., Ltd. (controlled by Zhejiang Rongsheng Holding Group Co., Ltd., with Saudi Aramco holding a significant stake), making it a leading private-sector player in China's petrochemical industry and a major global supplier of chemical feedstocks and materials.
Official website: zpc-cn.com
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Zhejiang Petrochemical Co., Ltd..
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