Zhejiang Petroleum covers an area of about 1.600 hectares, with a total scale of 40 million tons/year of refining, 0.40 million tons/year of aromatics/kloc-0 and 2.8 million tons/year of ethylene. The total construction investment is about 173 billion yuan, which is strongly promoted by the Zhejiang Provincial Party Committee and the provincial government and led by Zhejiang Energy Group Co., Ltd. (hereinafter referred to as "Zhejiang Energy Group").
The completion of Zhejiang Petroleum has guaranteed an annual output of 8 million tons of refined oil, and at the same time, it has continuously supplied oil to other provinces in China.