Sinopec ups VLSFO production to capture Chinese bonded bunker market share says an article on Manifold.
To boost very low sulfur fuel oil (VLSFO) productionChina 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...
https://mfame.guru/sinopec-to-boost-very-low-sulphur-fuel-oil-vlsfo-production/