Shandong is the most concentrated area in China's refining enterprises. In the north, it has the largest refinery group in the country. With the development of Shandong's large refining and chemical industry, they gradually get rid of the original three barrels of oil, and set up their own time. Recently, the development of &ldquo, two power &rdquo, and ground refining have ushered in a new wave of development. The refining capacity has been greatly improved and the market share has expanded rapidly. However, there is a huge crisis behind the rapid development.

Reappearance of the difficult situation in Shandong
Reuters reported: a number of industry executives and analysts said that nearly 40% of China's local refineries were in a state of loss recently, and the market share was losing ground. Many local refineries have stopped production and repair to reduce the risk of facing the market. If such a situation continues, some local refineries will be permanently closed.
In March, the Chinese government introduced new regulations on the consumption tax of gasoline and diesel, which seriously affected the profitability of local refineries.
Last month, according to the information from the Petrochemical Analysis Institute, the local refinery in Shandong lost 300 yuan per ton of crude oil. At the beginning of 2016, the processing profit per ton of crude oil was 900 yuan.
The slowdown in demand for crude oil by local refineries in China is affecting the global crude oil market. In the past two months, four super tankers have been unable to completely unload goods due to their difficulty in finding buyers.

Reuters reported on June 30th that, according to Eikon trade data from two ship companies and Reuters' financial terminal Eikon, two of the four super large oil tankers (VLCCs) rented by BP were still hovering in the waters near Shandong, with half of the Angola crude oil left on board. According to the current market price, these African crude oil (LCOc1) shipped in Africa is worth more than 600 million US dollars. (Brent)
&ldquo, a local executive in Shandong, said that the market was bad, demand was weak, and factories were facing policy resistance. The new tax system had eroded refinery profits. ”
According to the Reuters analysis, it is obvious that the current global trade tensions are escalating, crude oil prices are rising, China's domestic fuel market is oversupply and government tax censorship is tighter, and various factors have made China's situation worse.
For suppliers such as BP, it is normal to ship goods before finding buyers. But a number of oil traders and shippers said it was rare for shipments to be released for two months.
These half kilometre super tankers are very expensive on the high seas. Although it is not clear about the specific rent of the four ships of the British Petroleum Company, the consignor estimates that the current super tanker daily rental fee is about $30 thousand per day. The cost of the four ships on the sea for a month can be as high as 3 million 600 thousand dollars, and the loss of the sea has gone to &hellip.
Moreover, the challenges faced by Shandong's land refining industry are more than that. By the end of 2018, Hengli petrochemical and Zhejiang Petrochemical are about to go into operation. The domestic refinery pattern and the refined oil sales market will bring about significant changes.
Upgrading or upgrading industrial transformation
In the last two years, the environmental storm caused Shandong to suffer &ldquo and hit ” in 2017, the whole province closed the production of 558 chemical enterprises and stopped production to rectify 2109, accounting for 35.1% of the chemical production enterprises in the province. It is reported that 20% chemical enterprises will be closed again in 2018.

Recently, in the new and old kinetic energy conversion major project promotion and financial support meeting, Shandong province established the first batch of the first batch of the first batch of the new and old kinetic energy conversion project 450, with a total investment of 1 trillion and 800 billion yuan. Among them, 52 new material projects, a total investment of 71 billion yuan; 35 high-end chemical projects, with a total investment of 299 billion 200 million yuan.
This towel in Shandong should be twisted and twisted.
The tide receded to know who was swimming in the nude.
The coming is coming...
This phenomenon may be more and more serious in the future.
In March of this year, the official implementation of the State Administration of Taxation "the announcement on the management of the collection and management of refined oil consumption tax" made some loopholes in the levying of refined oil consumption tax. The new tax rate and more stringent law enforcement have substantially reduced the margins of the refinery, coupled with the rising prices of crude oil, the oversupply of domestic fuel markets, and the upcoming production of new refining and chemical integration projects, which have made the situation in Shandong even worse.
Where does the Shandong refinery go?
There should be many kinds of measures to reduce the loss. At least one of them can be done. That is to change the extensive production and management model of the past, and to optimize the production, optimize the structure and optimize the management.
Optimizing structure belongs to long cycle and large investment. We need to consider it from the whole and optimize it as a whole. This is a big project.
Optimizing production and optimizing management can achieve less investment, shorter time and quick results.
In the concrete practice, we can draw on the case of the past Sinopec to carry out the targeted assistance to the internal loss enterprises, and employ the internal and external professional companies or the professional team of business experts to conduct centralized consultation on the production of the enterprises.
For the loss of enterprises, many problems are obvious, but for a variety of reasons, the enterprises are often unable to see or find solutions, or there is no power to solve the problem.
By means of consultation, with the help of the experience of the expert team or more advanced technical solutions, it can achieve local optimization at the level of production and operation, and also provide good experience and practice at the management level. Every suggestion and measure can bring practical benefits to the enterprise and can hear the money. If there are more than one million, there will be more than ten million businesses.
In the Sinopec's star enterprise, Zhenhai Refining and chemical industry, there was a more famous phrase: dry towel should also wring out a few drops of water.