What about the profit calculation for upgrading gasoline from National IV to National V? Could National V gasoline become a new source of profit growth?
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As the title suggests, the price difference between National IV and National V fuels is 400–500 yuan per ton per month (an average of 450 yuan). The main cost associated with this upgrade lies in the loss of 1.0 unit in octane rating; other costs such as general operating expenses and equipment depreciation amount to about 150 yuan per ton, not including the costs related to etherification. There may be inaccuracies in the above figures. Questions: 1. Is your factory currently enthusiastic about upgrading to National V standards? 2. Will the upgrade to National V gasoline become a new source of profit growth? 3. Is an etherification unit necessary for the upgrade to National Standard V?
We reached National Standard 5 for gasoline two years ago, and diesel is about to be put into use. Compared to domestic refining and the overall domestic situation, staying out means certain death, while getting involved means facing extreme risks