In November 2020, Shandong Jincheng petrochemical group signed a 2.3 MMTA catalyst supply contract with Rui Tongda for hydrocracking unit. Axens catalyst uses advanced catalyst technology (70 years of engineering experience in catalyst production and more than 150 years of application experience in alumina field) and more than 70 years of unique technology supported by IFP.
Shandong Jincheng petrochemical group is a modern enterprise mainly focus at oil refining, it own crude oil processing capacity of 5.9 million tons, it has crude oil import quota approved by the government.
In 2020, the Group put into production a high-end lubricating oil hydrogenation unit with the highest domestic processing capacity and product quality, producing various grades of HVI III + lubricating oil base oils and pharmaceutious-food grade white oils.