Sinopec strives to achieve carbon neutrality by 2050

On March 29 , at the 2020 annual performance cloud video conference of Sinopec Corp.

On March 29 , at the 2020 annual performance cloud video conference of Sinopec Corp.

Zhang Yuzhuo said that in the past year, in the face of the outbreak of the epidemic, the plunge in oil prices, and the sharp decline in demand, Sinopec has coordinated epidemic prevention and control and production and operation and achieved a net profit of 33.

Zhang Yuzhuo said that in the context of carbon peak and carbon neutrality, Sinopec will coordinate the transformation and upgrading and carbon reduction process, structural optimization and carbon emission control, and based on in-depth systematic research, with net zero emissions as the ultimate goal.

Zhang Yuzhuo emphasized that Sinopec will take hydrogen energy as the main direction of the company's new energy business.
During the "14th Five-Year Plan" period, it will plan to build 1,000 hydrogen refueling stations or oil-hydrogen combined construction stations to build China's largest hydrogen energy company ; it will optimize and upgrade Oil product sales network, accelerate the creation of a comprehensive energy service provider of " oil, gas, hydrogen, electricity, non- " ; vigorously develop degradable materials, high-end polyolefins, and high-end synthetic rubbers, and achieve major breakthroughs in the development of new materials.