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Commissioning of CNOOC RMB13 Billion Comprehensive Distillate Oil Utilization Project

China National Offshore Oil Corporation (CNOOC) formally put the Daxie Petrochemical Comprehensive Distillate Oil Utilization Project with total investment of RMB13 billion into production in Ningbo City, Zhejiang Province. The project will manufacture nearly 20 chemical products including diesel and jet fuel every year to meet growing market demand for petrochemical products in Zhejiang Province and neighboring regions and drive the transformation and upgrading of local petrochemical industry towards diversification, refinement and integration.Click here to read the Chinese news