Ningbo Refining & Chemical

Sinopec Zhenhai Refining & Chemical (ZRCC), often referred to as Ningbo Refining & Chemical, is a major subsidiary of Sinopec and one of China's largest integrated refining and chemical enterprises. Located in Ningbo, Zhejiang Province, the company operates a massive complex including a crude oil refinery and an ethylene cracker. While primarily focused on petrochemicals, fuels, and plastics, ZRCC produces high-purity chemical precursors and medical-grade polymers used in the healthcare industry for medical devices and pharmaceutical packaging. The company is a cornerstone of China's industrial chemical infrastructure rather than a traditional biotechnology or pharmaceutical developer.