Is Zibo Xiyuan Petrochemical State-owned?

No Zibo Xiyuan Petrochemical Co., Ltd., formerly known as Zibo Linzi Huifeng Welfare Petrochemical Plant, is a private enterprise with 100-499 employees. Founded in 1992, it covers an area of 66,000 square meters and has a registered capital of150,000 yuan. Is a veteran petrochemical enterprise, located at the southern end of Zhutai Town Industrial Concentration Zone, Linzi District, Zibo City. The company has a set of 75,000 tons of styrene recovery device, the main raw materials are from major domestic petrochemical companies and related manufacturers, the device technology is advanced, and the automatic operation products are sold to the north and south of the Yangtze River and the banks of the Yellow River, so the enterprise economy develops steadily and efficiently.