Strong Petrochemical Holdings Limited is an oil trading company specializing in trading a range of oil products including crude oil, petroleum and petrochemical. Our Hong Kong operating subsidiary, Strong Petrochemical (HK), commenced operations in 2000. The oil products in which the Group trades can be broadly categorized into 1) crude oil; 2) petroleum products; and 3) petrochemical.
The Group is positioned to compete in its niche of satisfying unfulfilled and unplanned purchase demands from the PRC State-owned Licensed Import Agents, by supplying oil products of different varieties and specifications within a short time frame.
In order to capture business opportunities in the PRC arising from increasing demand for imported oil products, the Group started to develop the PRC Storage Business in 2007, through its investment in the Nantong Project and the Tianjin Project.
To enable the Group entering into the upstream sector of oil industry and becoming an oil producer, the Group completed its Kazakhstan Project to acquire 24% effective interest in Aral Petroleum Capital LLP in 2011.
The Group invested in the Hainan Project in 2012 since it had a long-term positive view towards the prospect of the industry of manufacture, processing and sales of chemical products.