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Shandong Shenchи Chemical Co., Ltd. was established in December 2001; it is a private enterprise engaged in petrochemical production. Its main products include gasoline, diesel, liquefied petroleum gas, wax oil, heavy oil, light oil, light hydrocarbons, propylene, oil slurry, MTBE, and residue oil. In order to further expand its production capacity and improve economic efficiency, the company invested 900 million yuan between March 2009 and April 2010 at No. 129 Haocun Road, Dongying District, Dongying City, to build new facilities including a delayed coking unit with an annual capacity of 1.2 million tons, a hydroprocessing unit with an annual capacity of 800,000 tons, a hydrogen production plant with a capacity of 15,000 m3 per hour, a vacuum distillation unit with an annual capacity of 2 million tons, a gasoline hydroprocessing unit with an annual capacity of 400,000 tons, and a sulfur recovery unit with an annual capacity of 20,000 tons. The project came online in June 2010. In line with **industrial policy and the requirements for corporate development, it is planned to invest 15 billion yuan between 2011 and 2015 to establish a new oil refining complex with an annual processing capacity of 6.5 million tons, as well as two large-scale chemical manufacturing projects; by then, the company will have an annual crude oil processing capacity of 10 million tons. Source: AA Shandong Refining and Chemicals