China Power Petrochemical Corpporation(CPPEC)

Company Description

Main shareholder of CPPEC is Zhongneng PoChina Power Petrochemical Corpporation(CPPEC)r Industry Fuel Company, which has turned into a wholly owned subsidiary of State Power Company from an organization with administrative function. Authorized by state comprehensive sectors, it serves as a regulator of the nationwide supply of power fuel, an organizer of annual coals orders special to power industry and a coordinator of fuel oil quarter plans. Currently, it has an annual arranging and supplying capacity of 1.1 billion tons coal and 7 million tons fuel oil. To meet Zhongneng Power Industry Fuel Companys objects of fuel oil supply and market regulation,CPPEC as a specialized enterprise carries out international fuel oil trade and distributes fuel oil to domestic power companies.