Sinochem International Oil Company sent a delegation to attend the IP (the Institute of Petroleum) WEEK held in London recently.
The event witnessed participation by a large number of global petrochemical companies and influential personnel in the industry who analyzed and forecasted the risks and opportunities of the industry under the current international political and economic circumstances. Sinochem’s delegates met with representatives of YOG, BAPCO, SONOGAL and PETRONAS during the event in a bid to deepen understanding of each other and explore cooperation opportunities. Meanwhile the company also discussed with a number of end users of refineries and the crude trade business in a bid to expand the company’s international trade market of crude.
Established in London in 1913, IP has developed into an independent and representative civil petrochemical association. It has formulated a number of general practices and industry standards with big influence on the global petrochemical community. IP WEEK creates an opportunity for the upstream and downstream players to conduct in-depth exchanges.