Zhejiang Rongsheng Holding Group (Hangzhou, China) expects to double the planned capacity of its refining joint venture (JV), to 800,000bbl/day in 2020.The TV—among private-sector Zhejiang Rongsheng and Tongkun Group and stated-owned Zhejiang Juhua Group—is expected to bring onstream the first phase of the refinery, capable of processing 400,000 bbl/day, in 2018.
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