Sinopec To Boost Very Low Sulphur Fuel Oil (VLSFO) Production

Sinopec ups VLSFO production to capture Chinese bonded bunker market share says an article on Manifold.

To boost very low sulfur fuel oil (VLSFO) production

China Petroleum & Chemical Corporation (Sinopec) has started a program to encourage local subsidiary refineries to boost very low sulfur fuel oil (VLSFO) production.

It noted Sinopec offering its refineries a reward of 150 yuan ($23.35) for every tonne of VLSFO produced.

The development is seen as an effort to capture increased market share of...

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