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One year after the implementation of the new standards, how much crude paraffin oil has appeared on the market? 2017-03-20 Zhang Hua, Longzhong Petrochemical Network. On March 1, 2016, the new standards for paraffin oil came into effect, and in the blink of an eye, one year has passed. Since the new standards define crude white oil as a raw material for producing finished products such as industrial white oil, cosmetic-grade white oil, and food-grade white oil, crude white oil that meets the industry standards can be exempt from taxes after registration. The profit margins resulting from these tax exemptions have encouraged more refineries to enter this sector, leading to increasing competition within the industry. At present, driven by tax incentives, refineries remain enthusiastic about crude white oil, and some local refineries have also begun to enter this sector. However, refineries are also concerned about the future market situation, as demand for white oil in the domestic market has not improved significantly. Increasing production of crude white oil is merely a way to avoid consumption taxes; for refineries, it is important to pay close attention to the balance between supply and demand resulting from such rapid increases in production. 【All text is original; readers are welcome to share it or forward it to their social circles.】 When republishing on official accounts, please be sure to indicate the source. 】If you have any production-related techniques, please feel free to share them. Thank you!