Group's Businesses
A large-scale enterprise group focusing on asset management, funds,petrochemical product production and sales, and property leasing
A large-scale enterprise group focusing on asset management, funds,petrochemical product production and sales, and property leasing
Business profile
Development Strategy
The Company has intensified the investment in technical transformation to increase the production capacity of products with high added value and improve operating profit margin. Relying on its annual crude oil processing capacity of 8 million tons/year, it follows the principle of “accelerating the development of high-end lubricating oil products based on alkene or aroma”, leverages its advantages in paraffinic and naphthenic crude oil and carries on transformation and upgrading through differentiation strategy. The Company plans to invest 18 billion yuan in 3 ~ 5 years to build 15 plants and transform 4 plants, thereby emerging as the medium and large Chinese industrial base of high-end lubricating oil and new chemical materials.
Accelerate the development of high-end lubricating oil products based on alkene or aroma.
Paraffinic and naphthenic crude oil.
Emerge as the medium and large Chinese industrial base of high-end lubricating oil and new chemical materials.
Major Products
Featured Products
Taizhou Petrochemical is an important production base of CNOOC for production of quality lubricating oil. For its proprietary lubricating oil of “Haijiang” brand, there has been an entire industrial chain from the production and processing of the base oil of lubricating oil to the blending and canning of lubricating oil products, and then to terminal sales. The lubricating oil products of “Haijiang” are up to the ISO9001 quality certification system and comply with relevant quality systems, e.g. API and GB.
The lubricating oil blending plant of Taizhou Petrochemical occupies a land area of 91520.8m2 and has a designed scale of 100,000 tons/year. It has the tank farms of base oil, additives and finished products, buildings for blending and warehouses, which are used to produce and store “Haijiang” lubricating products in small package of 1L, 4L, 18L and 200L.
It is produced by blending the quality base oil produced by Taizhou Petrochemical itself with the suitable products of the 4 largest additive companies. The products include synthetic oil, mineral gasoline, diesel engine oil, gear oil for vehicles and peripheral auxiliary products.
Industrial oil products are blended with hydrogen-contained base oil of high quality and suitable compound additives, including abrasive hydraulic oil, gear oil, turbine oil and heat conducting oil, with refrigerant oil and transformer oil being the star products of “Haijiang” brand.
Bunker oil products are blended with hydrogen-contained base oil of high quality and suitable compound additives, with the sales of CD marine products series on top of the sales rank.
The intelligent production management system of Taizhou Petrochemical covers all aspects of lubricating oil production process, enabling automatic production, canning and shipment of lubricating oil. The company has formed an integrated management mode of lubricating oil production, enhanced informatized management and ensured whole process tracking and control of production information through an advanced product tracing system.
