From May 29 to 31, the 2018 China
(Dongying) International Petroleum and Petrochemical Trade Fair was held in
Dongying, Shandong Province, China. The theme of this year's exhibition was
“Green, Chemical, and the Future”.
The three-day exhibition covered a total
area of 16,000 square meters. The exhibition included the Dongying City
Petrochemical Industry Development Achievement Exhibition, the domestic and
foreign well-known petrochemical companies image exhibition, the “Cultural
Education Future” theme science exhibition and “Dongying Port Cup”.
Kcomber’s General Manager Usman Khan
visited the exhibition as an expert for petrochemical market intelligence in
China. He was meeting with the industry leaders of China’s petrochemicals
industry to hold a presentation on China’s development and give suggestions for
investment and focus for the next years.
All in all, the event attracted 138
companies from more than 10 countries and regions, including ExxonMobil, France
Total, Russian Lukoil, Malaysian Petroleum and BIV International, Swiss
Glencore, Eni Oil, Korea GS Caltex, Singapore Starlight Energy, Singapore Swiss
Finance, US ADM and other well-known foreign companies, and Sinopec,
PetroChina, CNOOC, China Merchants Group, Sinochem Energy, Zhejiang Hengyi
Group, Jingbo Petrochemical, Luxi Group and other domestic industries Leading
company. Among them, more than 2,000 professional buyers from 32 countries and
regions including the United States, Russia, Italy, and Malaysia attended the
conference, and the number of professional visitors exceeded 20,000.
Dongying, a city built on oil and fueled by
oil, has rapidly emerged as a major oil and petrochemical city nationwide after
more than 30 years of development. At present, there are 129 petrochemical
enterprises above designated size in the city. In 2017, the company realized
main business income of 488.83 billion yuan, 17 companies with main business
revenue exceeding 10 billion, 22 companies with over 5 billion, and crude oil
processing capacity of 69 million tons, accounting for approximately One-third
of the province's refining companies account for one-tenth of the total capacity
of the country's oil refining companies.
Learn more about China's petrochemicals market with CCM's market research.