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Daqing Zhonglan Petrochemical Co Ltd has total assets of 4 billion yuan ($635 million) and realizes average annual incomes of 8.5 billion yuan. It is affiliated with ChemChina Petrochemical Corporation.

The company trademark, Qinghong, was granted status of a provincial well-know trademark and its products are sold nationwide or exported. Methyl ethyl ketone produced by the company was honored “Daqing Branded Product” in consecutive years and nonyl phenol has won an international gold prize.

The company is changing its industrial structure from fuel-based ones to chemical-oriented. Based on petroleum refining, it will expand product chains to boost development of the chemical industry.

It is expected to become a pillar company for China Chemical Corporation with an annual income that could exceed 12 billion yuan.

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