Is Zibo Qilu Petrochemical a Central Enterprise?

Yes According to the information of official website of the State Administration for Industry and Commerce, the company's capital is all funded by the state and owned by state-owned enterprises. It is a legally established organization engaged in production and business activities and belongs to the central enterprises. Qilu Petrochemical Company of China Petrochemical Co., Ltd. is a super-large petrochemical joint venture directly under China Petrochemical Group Company, located in Zibo City, Shandong Province, covering an area of 24.8 square kilometers. The company was established in 1966. After more than 40 years of construction and development, the original value of fixed assets is 35.7 billion yuan, the annual operating income is 60 billion yuan, and it has 1 12 sets of large-scale petroleum and petrochemical production devices.