How much is the investment required for a medium-sized refinery these days?
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What is the refining cost per ton of oil, and what is the profit? How many years will it take to recoup the costs?
Investment is related to many factors, such as crude oil prices, crude oil quality, region, market, process routes, and products. A few years ago, when crude oil prices were high, making one ton of oil yielded only as much profit as the price of a fried dough stick.
There is no comparability; the 10 million ton threshold
Is the plan on the first floor to build factories overseas and a “medium-sized refinery” in China? Hmph, don’t even think about it.
There are few places in the country where oil refineries can still be built; the layout for such facilities has essentially been finalized. Additionally, there is the issue of carbon neutrality. The focus going forward will be on the renovation of these existing refineries
:victory::victory:
That’s a bit too tragic, isn’t it? :'(
The scale of investment depends on the quality of crude oil, as well as the degree of oil processing. Factors such as land required and utility needs determine the investment needed for the facilities. Profits, on the other hand, are influenced by market conditions for oil products, the purchase price of raw oil, product quality, sales channels, and the ability to buy at low prices and sell at higher prices by seizing the right opportunities.