Dongming Petrochemical new facility
The ShanDong Dongming Petrochemical Group (Dongming Petrochemical) has entered into a joint venture to create a crude oil dock and harbour oil depot.
The total financial investment into the project is likely to be around ¥3.9b which will include a 300,000-ton crude berth, two 150,000-ton crude oil wharfs and waterway engineering, hydraulic structures, dredging, loading and unloading equipment, land formation, waterways, storage tanks and corresponding facilities.
Other groups involved include: Rizhao Port Oil Terminal Company Ltd., Rizhao Huaxin Petroleum Reserve Co. Ltd. and Rizhao Port Huaming crude oil terminal storage Co.
For more information visit www.dmsh.com.cn
9th March 2017