Does Sinochem Quanzhou Petrochemical lose money this year?

Don't lose money. Sinochem Quanzhou Petrochemical Co., Ltd. is a wholly owned company of Sinochem Group in China. By July 5, 2023, the company had processed more than 265,438+ten thousand tons of crude oil and produced 654,380+060 thousand tons of ethylene, which successfully achieved a "good start" in production, operation and profit, and turned losses month by month. Sinochem Quanzhou Petrochemical Co., Ltd. was established in September 2006, located in Hui Quan Petrochemical Industrial Park, Hui 'an County, Quanzhou City. It is a large-scale oil refining enterprise integrating petrochemical refining, storage, transportation and sales.