Himfr Reports China's Gasoline and Diesel Market Has Great Potential
BEIJING, Aug. 9 /PRNewswire-Asia/ -- Himfr.com, one of China's leading B2B search platforms with more than 30 B2B industry websites to its name, reports that China's gasoline and diesel market has great potential.
In China's gasoline and diesel market this year, the country will fully upgrade to III standard of China's refined oil quality to catch up with the world's advanced pace. Himfr forecasts that by 2016 the quality of Chinese gasoline and diesel will catch up with European standards, which also means that the upgrading of refining facilities is a great investment. As a catalyst, Chinese and foreign energy giants pursue technology to enhance oil cleanliness.
Currently in Beijing, Shanghai, and Guangzhou, producers have successively upgraded to IV emission standards. China's Environmental Protection Department claims that about 2011, all Chinese manufacturing and sales of light vehicles must comply with state IV emission requirements. It is expected that from 2013 to 2014 China's automotive gasoline and diesel quality will meet the state IV standard.
Himfr said that here today, the main indicator of fuel quality improvement is the sulfur content, which is declining, while for further upgrades to the Chinese standard IV and Chinese standard V, diesel's sulfur content reductions must rely on more advanced catalyst technology. Shell occupies twenty-five percent of the global refining market share, and has been aimed at upgrading the quality of China's huge oil demand because the higher the quality of fuel, the more expensive the catalyst. For the large-scale refinery operating costs, the catalyst costs account for thirty or forty percent. With the increasing demand for high-performance catalysts, Shell may be interested in the establishment of catalyst production base in China.
It is reported that China Petrochemical Sinopec, with the most powerful multinational energy giants, contends for the huge catalyst market, with market share accounting for fifty or sixty percent. Last year, China first met EU emission standards V for diesel, with supply to Hong Kong, which shows that diesel (http://www.himfr.com/list-product-Energy-10000000-1.html ) production capacity has met the world's highest standards.
About Himfr.com
Himfr.com is a promising e-commerce company and a leading vertical search engine company in China. Himfr.com offers a variety of high quality products such as steel toe caps (http://www.himfr.com/buy-steel_toe_cap/ ), digital hygrometers (http://www.himfr.com/buy-digital_hygrometer/ ), electronic kitchen scales (http://www.himfr.com/buy-electronic_kitchen_scale/ ) and many more.
For more information, please contact:
www.Himfr.com
Tel: +86-10-6556-9770
Email: [email protected]
SOURCE Himfr.com
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