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Follow on Google News | Rapid expansion of China’s independent refineries market raises issuesKey industry players to gather at China’s largest independent refineries summit
By: China ChemNet However, with the rapid expansion of the independent refineries in China, issues pertaining to raw demand supply are apparent. Due to new and existing policies, the crude oil share allocated to independent refineries is insufficient, thus creating a need to import fuel oil from overseas to sustain operations, with fuel oil imports subjected to high taxes, exchange rate fluctuations and other risks. With such a volatile supply environment, sustaining a stable and inexpensive feedstock supply has become one of the key issues facing independent refineries in China. This year, with the support and endorsement from the Zhoushan city government, the 6th Independent Refineries China Summit held in Zhoushan, Zhejiang, is aimed at helping independent refineries tackle such issues. The summit will focus on topics based on this year’s theme: “new investments, new cooperation and new development” About the 6th Independent Refineries China Summit Held in Zhoushan, Zhejiang China this year, the 6th Independent Refi neries China Summit remains as the key platform for independent refi neries to discuss the development trends of China’s oil products market. This year’s theme, “New Investment, New Cooperation, New development” In addition, the event will provide unlimited networking opportunities with industry leaders as well as an exhibition featuring international companies showcasing their latest products and technology solutions. Event dates: 24-26 April 2013 Venue: Grand Barony Hotel Zhoushan, Zhejiang, China Event website: http://news.chemnet.com/ For more information, interviews and media accreditation – Abel Koh Email: abel@clarionevents.asia Tel: +65 6590 3970 Fax: +65 6223 9196 End
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