“ three barrels of oil ” the end of the time! The annual profit of 500 billion of the sinochemical group joint Hengli, to take down “ fourth barrels of oil ”?
As we all know, the three big giants in China's oil and gas industry are the &ldquo of CNPC, Sinopec and CNOOC, and three barrels of oil, &rdquo. As early as 2010, the former director of SASAC Li Rongrong at the Davos forum said: the emergence of monopoly in some industries is normal, if not in the oil, Sinopec, CNOOC, the 3 oil companies, China economic chaos early! There is a country backed, “ three barrels of oil ” the position can be seen, no one can shake it for a long time!

Hand in hand, complement each other, establish a long-term cooperative relationship
Last October 9th, sinochemical group holding listed company sinohua international and Zhejiang Rongsheng Holding Group Co., Ltd. signed a memorandum of cooperation. The two sides will establish long-term cooperative relations in the field of distribution and logistics of petrochemical products. The two sides will strengthen cooperation in the field of logistics, aromatics, PTA and other chemicals trade, and form complementary advantages and enrich the business connotation of both sides.
Then, in December 28th, Zhejiang Rongsheng Holding Group Limited and SINOCHEM Petrochemical Sales Co., Ltd. signed a memorandum of cooperation at Sinochem sales headquarters. The two sides intend to establish long-term cooperation relationship with the purchase and sale of petrochemical products. In the future, the two sides will take Rongsheng group's Zhejiang Petrochemical 40 million ton refining and chemical integration project and Zhongjin two products as the object, and take Sinochem sales existing sales channels as support, and establish long-term cooperation relationship in product procurement and sales.

Rongsheng plays an important role in the Chinese in chemical fiber industry, the group has formed a petrochemical, polyester, spinning and texturing in industry, coal chemical industry, real estate, trade, logistics, etc. the thermoelectric industry relatively complete industrial chain.
Sinochem Group and strong power Hengli and Rongsheng cooperation can be joined together by strong forces. It will create &ldquo for refining industry, &rdquo for central enterprises and private enterprises, and new pattern of cooperation.
However, there are also professional analysts pointing out that China is going to be &ldquo and ” this statement, from the current situation, is still unfoothold. Though Sinochem Group is the fourth largest oil company in China, its body size is still not able to compete with &ldquo and three barrels of oil &rdquo. However, with the listing of the sinohua oil business and the rapid development of the group as a whole, it will inject new vitality into the oil industry of our country.
We will wait and see whether sinochemical group can sit on the fourth chair of China's oil.
Source: chemical fiber headbar
Process equipment network editing and editing