News News

Sinopec vows to boost supply of low-sulfur marine fuel oil

日期: 2019-06-13
浏览次数: 4

China Petroleum and Chemical Corp, the world's largest refiner by volume, vows to raise its production capability of low-sulfur marine fuel oil to 10 million tons by 2020 and 15 million tons by 2023 for greener shipping, the company said June 5, the 48th World Environment Day.

The commitment shall reduce 600,000 tons of sulfur oxide emissions, equivalent to shutting down over 64 million National IV Standard trucks for a year, it said.

The company, known as Sinopec, vows to further improve its global low-sulfur marine fuel oil sales network and cover China's major ports including Zhoushan with Sinopec's low-sulfur marine fuel oil products by January 2020, as well as 50 key overseas ports including Singapore.

Three of the company's refineries, including Shanghai Refinery, Jinling Refinery and Hainan Refinery, have already been producing low-sulfur marine fuel oil products for the market. The company is also planning to have another seven refineries to produce low-sulfur marine fuel oil in the near future.

Shipping emissions have become one of the major sources of air pollution in port cities and coastal areas. One large and medium-sized container ship that sails with a 70 percent load will produce the PM2.5 equivalent of emissions from 210,000 National IV Standard trucks, said the company.

According to the International Maritime Organization (IMO), the global shipping industry is estimated to consume around 300 million tons of marine fuel in 2020.

Earlier, the organization announced a more sharply regulated shipping emissions standard, with a global sulfur cap of 0.5 percent on marine fuel starting Jan 1, 2020, compared with the current global sulfur cap on bunker fuel of 3.5 percent.


Share to:
News / Recommended news More
2020 - 09 - 29
China's energy regulator has vowed to continuously improve electricity services in the country, including the power quality and process of power access to further improve the business environment.The National Energy Administration said it would further improve the process of electricity access and lower costs for residents as well as small-and medium-sized enterprises, and has earmarked 130 bi...
2020 - 09 - 28
China International Green & Smart Community Infrastructure Expo 2020 and City Union Partners Conference will be held from Nov 5 to 7, as part of the country's ongoing efforts to speed up the new urbanization drive.The expo hopes to help seek new development opportunities, build a new pattern of community governance and further boost the development of smart cities, Li Liping, president of ...
2020 - 09 - 21
China on Monday released plans to build pilot free trade zones in the country's capital Beijing, central China's Hunan Province and east China's Anhui Province.A plan to expand the pilot free trade zone in east China's Zhejiang Province was also released.
2020 - 09 - 19
Cargo throughput at China's major ports has continued to recover as economic activities have normalized amid effective epidemic control measures, data from the China Ports Association showed.Cargo throughput monitored by the association went up 9 percent year-on-year in early September, with foreign trade throughput surging 16.5 percent.Container throughput rose 7.4 percent year on year, accel...
Phone: 86-510-85750782 
Zip code:214031
Address: Room 3606, Block A, Yunhe East Road 555, Wuxi, Jiangsu Province, China
Copyright ©2018 - 2021 Leonzon International Trading Co., Ltd.
犀牛云提供企业云服务