The average utilization rate of China’s independent refineries in the Shandong province stood at around 70.4% in 2020, up by about six percentage points from the 64.2% in 2019, according to S&P Global Platts calculations based on JLC data Jan. 11. The substantial increase was attributed to the strong rebound after average runs hit a …
The post CHINA DATA: Shandong independent refineries’ 2020 average run rate rises 6 percentage points first appeared on Hellenic Shipping News Worldwide. ...