Sinopec Qingdao Refining & Chemical Co Ltd (中国石化青岛炼油化工有限责任公司) is a giant petrochemical company founded in 2004. 

The company annually produces more than 8 million tons of refined oil such as gasoline, kerosene and diesel, and more than 3 million tons of petrochemical products such as liquefied petroleum gas, petroleum coke, polypropylene, styrene, mixed benzene, and sulphur. 

The products are mainly shipped by sea and pipeline, and partly by road and railway. The quality of vehicle gasoline and diesel at present reaches the national-v standard.