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Sinopec: China’s largest petrochemical port is now operational

first_imgNew Renown docked at 300,000-ton crude oil terminal of Sinopec Zhongke Refinery Port. Image Courtesy: Sinopec The 338,371 cbm tanker was welcomed at the new 300,000-tonne crude oil terminal of Sinopec Zhongke Refinery Port, which forms part of the company’s “front terminal, rear plant” production model. Housed 1,100 metres from Sinopec’s refinery plant, the petrochemical port features eight terminals including a 300,000-tonne crude oil berth, 100,000-tonne oil berth and supporting facilities — providing a total capacity of 34 million tonnes per year. Sinopec Corp., China’s energy and chemical company, has put the country’s largest petrochemical port into operation with the successful docking and unloading of the New Renown, a very large crude oil carrier (VLCC) from the Middle East. To date, the 100,000-tonne berth is the largest domestic refined oil terminal with a loading and unloading capacity of 5.61 million tonnes per year. The terminal provides convenient access to refined oil and chemical products for Sinopec’s core domestic market, while also offering direct opportunities for global exports. Situated on the east coast of Zhanjiang, Guangdong Province, the Sinopec Zhongke Refinery Port is part of Zhanjiang Integrated Refinery and Petrochemical Complex — the biggest project of its kind under construction by Sinopec Corp, and a key component of the Guangdong Province’s 13th Five-Year Plan. Additional output is intended to aid the development of the downstream industrial chain of the refining and chemical industry while injecting new momentum for the economic development of the Greater Bay Area. The total investment of the first phase of the project totals more than ¥40 billion ($5.65 billion) and will add over 10 million tonnes of refined crude oil capacity and 800,000 tonnes of ethylene units per year, in addition to auxiliary supporting facilities. Following its completion, it’s estimated that the output of the refinery will exceed  ¥60 billion. At present, there are more than 18,000 builders currently working on-site as part of the project, and 28 of the 30 major production facilities have been delivered. The final project is expected to be fully completed and put into production by the end of July, according to Sinopec.last_img read more

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El Clasico Concerns for Real Madrid as Luka Modric and Gareth Bale Sit Out Training

first_imgMadrid: Real Madrid face an anxious wait to see if Luka Modric and Gareth Bale will be fit for next week’s El Clasico against Barcelona after both players missed training on Tuesday.Modric and Bale each did gym work indoors as they attempted to recover from injuries sustained playing in the Euro 2020 qualifier between Croatia and Wales on Sunday. It leaves Madrid uncertain over the fitness of two key players, with the crunch La Liga game against Barca at Camp Nou fast-approaching on October 26.Wales coach Ryan Giggs said Bale was struggling with pain in his calf towards the end of their draw with Croatia in Cardiff but suggested the problem was cramp.Madrid confirmed on Tuesday that Modric sustained a thigh injury in the match.”Following the tests carried out today on our player Luka Modric by the Real Madrid medical department, he has been diagnosed with a bruise in his right quadriceps,” a club statement read. “His recovery will continue to be assessed.”Real Madrid, who sit top of La Liga, play away at Mallorca on Saturday and at Barcelona a week later, with an important Champions League group game away at Galatasaray in between.Lucas Vazquez has also picked up a knock and is unlikely to be available this weekend. Get the best of News18 delivered to your inbox – subscribe to News18 Daybreak. Follow News18.com on Twitter, Instagram, Facebook, Telegram, TikTok and on YouTube, and stay in the know with what’s happening in the world around you – in real time. barcelonaEl ClasicofootballGareth Bale First Published: October 16, 2019, 5:06 PM ISTlast_img read more

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