Zhejiang Petrochemical Co., Ltd.
Zhejiang Petrochemical Co., Ltd. was incorporated in June 2015, with a registered capital of 23.8 billion yuan, and is currently in the preparation stage. The company was jointly established by four units, including Rongsheng Petrochemical, Juhua Group, Tongkun Investment, and Zhoushan Haitou. The construction site is Yushan Island in Zhoushan. Relying on the existing advantages of the Yangtze River Delta region, it takes green petrochemicals as the mainstay and is based on technology. Facing the market, a modern large-scale integrated green petrochemical industrial base for refining, aromatics, and ethylene will be built, and it is planned to start production at the end of 2018.