China Petrochemical Corporation

integration of bio-based and biocatalytic steps into state-owned mega-refinery and olefins complexes, building domestic drop-in biochemical capacity at industrial scale.

Country: China
Ticker: 600028

Coverage

	CN	EU	IN	US
biofuels-bioenergy	✓	✓	✓	✓
cdr-carbon-management	✓	✓	—	✓
enzymes-biocatalysis	✓	✓	✓	✓
platform-chemicals	✓	✓	✓	✓

Regulatorsepaademeneareachmoa-china

Verifiable facts

Fact	Value	Source
Headcount	355,952 employees (2024-12-31)	sinopec.com · market.us · news.chemnet.com
Regulatory approval	Bio-jet fuel airworthiness certificate issued by CAAC for Zhenhai Refinery (2022-09-19)	prnewswire.com
Certification	Asia's first global RSB sustainable aviation fuel certification for Zhenhai Refinery (2022-09-23)	prnewswire.com
Capacity	800,000 tons/year coal-to-olefins (Dalu) and 200,000 tons/year SAF (Cangzhou Branch) (2026-06-17)	news.chemnet.com
Production site	Dalu Industrial Park (Inner Mongolia) and Cangzhou Branch (Hebei) (2026-06-17)	news.chemnet.com
Funding	RMB 44.7 billion (Chemicals CAPEX 2024) and RMB 23.788 billion (Dalu project investment) (2024-12-31)	sinopec.com · market.us

Independent sources: market.us · news.chemnet.com · prnewswire.com

Technologies

Name	Cluster	Risk
Biocatalysis in petrochemistry	enzymes-biocatalysis	Low	→
Biological carbon capture & utilization (bio-CCU: gas fermentation, CO2-to-protein, e-fuels)	cdr-carbon-management	Medium	→
Biosynthetic ethylene & bio-ethylene oxide	platform-chemicals	Low	→
Hydrogen fuel from biomass	biofuels-bioenergy	Medium	→

Compiled by BIOECON from primary sources.

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