Yutime Petroleum Co., Ltd. is a comprehensive multinational petrochemical enterprise, headquartered in Beijing. Yuantai takes refining and chemical business as its starting point, aims to build a comprehensive international energy company with oil and gas integration and moderate diversification, conforms to the trend of global commercial cooperation, insights into the opportunities of energy change, anchors international technological standards, breaks through market barriers, and strives to become a world-class energy and service provider.
In China, the company is developing rapidly towards the goal of a comprehensive energy company. In oil refining and chemical industry, Liaoning Petrochemical Base has been successfully operated and a new petrochemical industry base is being built in Fujian. In addition to the refining and chemical industries, relying on the advantages of raw materials and supply chains, Yuantai is actively expanding the downstream development of the industrial chain, integrating the resources of private gas stations in various regions by means of international brand management, upgrading the overall image and service level, and building an international fuel brand. In the Americas, the company is mainly engaged in international energy trade, while actively looking for cooperation opportunities in conventional oil and gas fields, shale oil and gas fields and refineries, and in the field of real estate for appropriate development. In the future, Yuantai Petroleum will keep pace with the trend of global energy development and the requirements of change, and build many world-leading integrated energy and chemical bases in China and even the world through scientific layout.
Based on the group's overall business development needs, Yuantai Petroleum Co., Ltd. has established two project group companies, Anshan Refining Group Co., Ltd. and Fujian Chemical (Group) Co., Ltd. Besides its business in China, Yuantai Petroleum (America) Co., Ltd. in the United States is also responsible for international trade and real estate related business.