Petroleum chemical

Petrochemical industry 

Petrochemicals

Landbridge Group’s petrochemical sector is primarily engaged in the production, sale, storage and transportation of petroleum and chemical products, as well as the production and sale of jade sanitary fittings, and has obtained approval from the Ministry of Commerce for the wholesale of refined oil (fuel oil) and the import quota for fuel oil. Landbridge Group’s petrochemical industry focuses its development on building up an industry chain of petrochemical production & processing, warehousing logistics, product sales, port shipping and international trade. Landbridge Group’s petrochemical industry owns Rizhao Landbridge Port Petrochemical Co. Ltd, Rizhao Port Oil Co. Ltd and Rizhao Jade Sanitary Fitting Co. Ltd, of which Rizhao Landbridge Port Petrochemical Co. Ltd is the principal company. 

Petroleum refining 

Rizhao Landbridge Port Petrochemical Co. Ltd was established in 2005 and has registered capital of 385 million yuan. Since 2005, the company has been funding and building petrochemical projects located in Lanshan district to the west of Xi Panjia Village, covering an area of approximately 200 hectares. The project was jointly designed by Luoyang Petrochemical Engineering Corporation Ltd / Sinopec and Nanjing Jinling Petrochemical Engineering Co. Ltd. The construction of a large-scale petrochemical enterprise with the capacity to process 10 million tons of crude oil annually is planned in two stages. In the first stage, a 5 million ton processing capacity will be constructed, and in the second stage an extra 5 million tons will be added to reach a processing capacity of 10 million tons, while at the same time completing construction of supporting railway sidings. The project is only 1.8 km from the Group's own port Landbridge Port and is connected with the LPG tank and the port via pipelines, giving it an incomparable logistics advantage. The main products include diesel, gasoline, naphtha, wax oil, atmospheric wax oil, liquefied petroleum gas, petroleum coke, sulphur, etc. 

Petroleum sales

Rizhao Port Oil Co. Ltd was established in 1992 and has a registered capital of 61.7769 million yuan. In April 2000, in collaboration with China National Petroleum Corporation, the company set up Rizhao Oil Product Sales Co. Ltd. Taking full advantage of the port, Rizhao Port Oil Co. Ltd and Rizhao Oil Product Sales Co. Ltd concentrate on the import, sale, storage and transportation of refined petroleum products. In 2012, the company obtained a license to manage hazardous chemicals and authorization for a refined oil wholesale business approved by the Ministry of Commerce. The company has two liquid chemical reservoirs (in Lanshan Port and Rizhao Port) with total reserves of 600,000 cubic meters; more than 10 gas stations in use and over 10 other gas stations being planned or under construction; and it has established healthy collaborative relationships with Petrochina and Sinopec with long-term stable oil supply channels. Thanks to the advantages of the port, the business scope could expand to northern Jiangsu, southern Shandong, northern Hebei or other interior areas, and over 800 thousand tons of refined oil could be transferred or sold annually.   

Petrochemical plant 

Central control room 

Plant by night 

Gas station