Nearly 30 Billion Yuan Deal! Rongsheng Petrochemical Signs Agreements with Multiple Giants

The 8th Oil Merchants Conference will be held in Zhoushan from October 21 to 23.

The conference held a major project signing ceremony. A total of 21 projects were signed at the main venue of the conference, with a total agreement amount of 64.36 billion yuan. The signed projects mainly focus on the hub for the allocation of bulk commodity resources, particularly in the fields of petrochemical new materials, oil storage and transportation, bulk trade, shipping services, digital ocean, and financial services.

Rongsheng Singapore and BP Singapore have reached an agreement for the procurement and sale of refined oil products. Rongsheng Singapore and COOST have signed a memorandum of understanding to expand trade cooperation in crude oil, refined oil, and other areas. Rongsheng Petrochemical and Emerson have reached a procurement framework agreement. The total amount of these three project agreements is approximately 29.7 billion yuan.

Since its inception, the Oil Merchants Conference has served as an open platform for the global oil and gas industry to discuss cooperation and win-win futures. During the conference, Chairman Li Shuirong, along with senior executives from Rongsheng Group and Zhejiang Petrochemical, met in batches with numerous domestic and foreign oil and gas-related clients to explore cooperation opportunities.