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It has been thirty-five years since Sinopec Zhenhai Refining & Chemical Co. (ZRCC) was established in 1975. Thirty-five years may just be a blink in the long course of history, yet for ZRCC, the past thirty-five years has been extraordinary as it is thirty-five years of tireless persistence, tremendous endeavor, thriving vitality, and rapid rise.
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Over the past thirty-five years, starting from nothing in a drowsy stretch of cotton field on the tidal flat, ZRCC has undergone awe-inspiring changes by turning the barren tidal flat into a dynamic industrial base, sowing seeds of hope and reaping the fruit of industrious labor. All of these are attributed to the sound policy atmosphere given by our government, to the correct leadership and great concern shown by Sinopec, to the unselfish help and great support provided by the provincial and municipal governments, to the great assistance and deep concern offered by corporations from all circles of life, to the great efforts made by the past sessions of leadership and all the employees and their families.
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Over the past thirty-five years, we have always been in pursuit of the harmonious development between enterprise and social economy through fulfilling political responsibility, economic responsibility and social responsibility for the state-holding enterprise, the harmonious development between processing capacity, processing volume and market demand following a development path of refining and chemical integration, and the harmonious development between the corporate internal management level and business scale with the innovation and reform as the driving force, the harmonious development between business mode and business circumstance in a manner of eying on the market opportunity consistently, the harmonious development between the overall quality of our employees and enterprise quality through always putting people first and working arduously to construct a good management and leadership team, the harmonious development among production, zoology and employee’s life, which would offer not only the enterprise, its shareholder and employees, but also our society as a whole an good opportunity to share the fruit out of harmonious development. Through thirty-five continuously arduous reform, development and innovation, emerging from an unknown oil refiner with design capacity of 2.5 million tpa, ZRCC has edged into the world-class refineries category and ranks 17th among the world largest refineries, meanwhile, ZRCC has become the one with largest refining scale and enjoying leading position in earning power and competitive ability in China. In Nov. 2006, the commencement of 1 million tpa Ethylene Project marks ZRCC’s solid step forward to build itself into world-class, high-tech and integrated refining and chemical enterprise.
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Starting from the new level and earnestly following the philosophy of “scientific development”, ZRCC will march toward the ambitious goal of building ZRCC into a world-class model corporation integrating refining with chemical, which is put forward by Sinopec CPC Committee. In the mean time of upgrading its “hard power”, put great efforts into management innovation focused on developing a mechanism confirmed to the scientific development, as well as upgrading the “soft power” to enhance the competitiveness and comprehensive strength. In the years to come, ZRCC will unremittingly make more contribution in shaping an advanced manufacturing base in Zhejiang province, promoting the local economy and facilitating the upgrading of Sinopec industry in a bid to construct a harmonious social society.
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History is endowing ZRCC people with a sacred mission to repay our motherland, a glorious responsibility to vitalize the petrochemical industry and a great opportunity for attainments. In this new journey, we will work all out our wisdoms and make double efforts. As always, we yearn for kind help from our friends, both old and new, who will work together with us to create a beautiful tomorrow for ZRCC.

 

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