Taixing Jinhua Petrochemical has recently put a 126,600-cu-m oil product terminal into operation in Taixing City of East China's Jiangsu Province, a company source told C1.
The terminal, which was completed in the fourth quarter of 2010, was affiliated by a 7,500-DWT jetty, according to the source. A 30,000-DWT jetty with maximum berthing capacity up to 50,000DWT was under construction at present, revealed the source.
"We have come to a cooperation intention with PetroChina," said the source.
The company was now planning to build a 180,000-mt oil terminal as phase Ⅱ project, which would store oil products and fuel oil, the source furthered.
Taixing Jinhua Petrochemical is a wholly-owned subsidiary of Hong Kong Ruijie International.