A number of local refineries in Shandong have withdrawn from refining capacity, totaling 26.96 million tons

Global Coatings Network News: The Department of Industry and Information Technology of Shandong Province recently announced that in accordance with the work deployment of the Shandong Provincial Party Committee and the provincial government and the requirements of the "Work Plan on Promoting the Integration and Transfer of Production Capacity of Georefinery Enterprises in the Province to Achieve High-quality Development", the Department of Industry and Information Technology of Shandong Province and relevant departments organized relevant cities to steadily and orderly promote the withdrawal of refining capacity
.
By the end of November 2022, the 10 local refineries involved had withdrawn a total of 26.
96 million tons of refining capacity.

The 10 local refineries are: Shandong Jinshi Asphalt Co.
, Ltd.
, Shandong Binhua Binyang Combustion Co.
, Ltd.
, Heze Yuhuang Shengshi Chemical Co.
, Ltd.
, Shandong Zhonghai Fine Chemical Co.
, Ltd.
, Shandong Hengyuan Petrochemical Co.
, Ltd.
, Shandong Fuyu Chemical Co.
, Ltd.
, Shouguang Union Petrochemical Co.
, Ltd.
, Guangrao Kelida Petrochemical Technology Co.
, Ltd.
, Shandong Chengda New Energy Technology Co.
, Ltd.
and Shandong Haike Chemical Group Co.
, Ltd.

It is reported that although Shandong is a large local refining province, its refining capacity is small and scattered
.
In this regard, in recent years, Shandong has issued many policies to promote the transformation and upgrading of refining and chemical industry, including capacity replacement policies, scale control policies, and policies with high requirements for environmental safety and quality, and the rectification has achieved remarkable
results.