Sinopec to Build Shanghai Biodiesel Plant to Repurpose Waste Oil

Sinopec to Build Shanghai Biodiesel Plant to Repurpose Waste Oil

James Boynton

Date: Fri, 06/08/2018 - 14:58 / source:Yicai

(Yicai Global) June 8 -- China Petroleum & Chemical Corp., the country’s biggest oil refiner and better known as Sinopec, has started building a B5 biodiesel plant in Shanghai to repurpose gutter oil and supply fuel to 200 petrol stations across the city.

B5 is 5-percent cut with leftover oil from the catering industry, and aims to salvage waste while reducing diesel consumption.

With the new plant up and running, the company will be able to produce between 400,000 and 600,000 tons of B5 every year and use up all of Shanghai’s gutter oil.

China’s largest city put biodiesel into petrol stations for the first time in October, and it was available at 33 locations at the beginning of May. Some 300,000 liters are sold every day now, and total sales have topped 23 million liters to date.

 

Follow Yicai Global on

Keywords: Sinopec Group