New Channel for FREP Petroleum Benzene Product


On October 25, the Company held the launching ceremony of the first truck transportation of petroleum benzene. The Company management Zhao Tianxing and the customers’ representatives, Wang Jiangen, general manager of Fujian Yongrong Jinjiang Co., Ltd. and Li Baojing, deputy general manager of Fujian Tianchen Yaolong New Materials Co., Ltd., attended the ceremony.

Zhao Tianxing, deputy secretary of the Party Committee and vice president of the Company, expressed welcome and gratitude to the customers’ representatives at the ceremony. He said that opening the road transportation channel for petroleum benzene product could not only save logistics costs of FREP and the customers, but also reduce logistics risks, improve supply stability and market competitiveness of each side.

Zhao Tianxing hoped that all sides would further strengthen communication, keep close exchange, proactively promote cooperation in multiple fields and create a better future.

Before the ceremony, Zhao Tianxing had a discussion with the customers’ representatives attending the ceremony, introduced the Company's organizational structure, development history and products categories, and listened to customer needs.

Wang Jiangen and Li Baojing said that the three enterprises, with geographical proximity and complementary industries, have built up deep friendship in years of cooperation. The newly opened channel for petroleum benzene delivery further deepened the cooperation. Next, after their units started up and put into production, the demands for FREP products would rise. They hoped to strengthen cooperation with FREP to ensure stable supply of raw materials and achieve mutual benefit and win-win cooperation.

Management personnel of Marketing& Sales Department and Process Department of the Company and the responsible people of the carrier, Fujian Yongchuang Logistics Co., Ltd., also attended the ceremony.

The Project of Petroleum Benzene Road Transportation Facilities Revamping was started at end of 2020, and completed loading test successfully on October 17, 2022, with all design requirements for loading operation were met.

According to the calculation, compared to sea transportation, road transportation can save more than 1M RMB every year for the Company, as well as save logistics cost of the customers. (Zhang Lei, Yin Yan)