Crude Oil Processing & Petroleum Product

An Expert's View about Energy in China

Last updated: 4 Sep 2011

Crude Oil Processing & Petroleum Products Industry in China

According to China Crude Oil Processing & Petroleum Products Industry Profile - the industry research report issued by Zeefer Consulting, Liaoning, Guangdong and Jiangsu are the major production bases for crude oil processing & petroleum products industry in China. Shandong, Shanghai, Zhejiang, Beijing, Tianjin, Hubei and Fujian are the secondary distribution areas for this industry. Shandong has most leading crude oil processing & petroleum products enterprises, and among all top 100 large crude oil processing & petroleum products enterprises across China, 20 are located in Shandong.

In terms of market size, in 2009, crude oil processing & petroleum products enterprises above designated size achieved a sales revenue of more than USD 200 billion. Total assets of enterprises inside crude oil processing & petroleum products industry exceeded USD 100 billion, a rise of more than 6% on a year-on-year basis. On an annual average, total employees in crude oil processing & petroleum products industry exceeded 410,000, an increase of more than 1% on a year-on-year basis. The total export delivery value exceeded USD 4 billion, an increase of about 10% on a year-on-year basis.

In terms of industry-wide profit, in 2009, profits of enterprises above designated size in crude oil processing & petroleum products industry added up to more than USD 10 billion, a decline of more than 100% on a year-on-year basis. A total of more than 150 enterprises suffered a loss, and the total loss of these enterprises amounted to more than USD 600 million. On average, the ratio of return on assets in crude oil processing & petroleum products industry was higher than 8%.

In terms of market position of foreign enterprises in China, in 2009, there were more than 150 foreign enterprises above designated size engaged in crude oil processing & petroleum products production in China, accounting for more than 10% of all crude oil processing & petroleum products enterprises across China. Foreign enterprises in China crude oil processing & petroleum products industry achieved a ratio of return on net assets of more than 25%, higher than the industry average.

...
Full content of China Crude Oil Processing & Petroleum Products Industry Analysis:

http://www.allchinareports.com/china-energy-industry/oil-gas-industry-analysis/crude-oil-processing-petroleum-products-industry-in-china.html

***********************************************************************************
The analyses above are extracted from the industry report: China Crude Oil Processing & Petroleum Products Industry Profile
 


Posted: 01 September 2011, last updated 4 September 2011

See more from Energy in China

Expert Views    
Overview Of Non-Renewable Resources 2010   By The JLJ Group
Biofuels Annual   By Foreign Agricultural Service
Hot Tips    
China Biofuels Annual Report 2009   By Foreign Agricultural Service
Clean Energy in China   By U.S. Commercial Service China
LEADING THE RENEWABLES RACE   By UK Trade & Investment