On the evening of June 29, the National Development and Reform Commission officially issued a price adjustment directive. The domestic wholesale prices of gasoline and diesel were increased by 600 yuan per ton from June 30th. The adjusted supply prices of gasoline and diesel were 6,730 yuan and 5,990 yuan per ton, respectively. The oil price adjusted accordingly. In Beijing, the price of No. 93 gasoline has soared to 6.37 yuan per liter, and the price increase has reached 8%. After the reform of refined oil prices and taxes, Sinopec and PetroChina’s two major energy giants obtained a relatively free pricing mechanism. After the price mechanism of domestic oil prices has gradually become in line with international standards, its impact on the auto industry is facing the opposite situation. Gradually evolved into a partnership relationship. For the arrival of the US EPA-10 emission standard, American diesel giants including Cummins undertook enormous technical upgrade pressure. After investing heavily in upgrading product emission standards, the monopolistic U.S. energy company refused to treat oil. Products are upgraded. In order to obtain votes from the diesel industry during the election campaign, Hillary represented members of the U.S. diesel industry and energy companies such as Mei Foo and conducted a debate in the National Assembly. Since then, U.S. energy companies have been forced by the public to upgrade their oil products. The U.S. diesel industry has won a great victory. In China, after new energy vehicles are put on the agenda, traditional energy sources are under threat of being left out of the cold. The State Grid Corporation of China is actively participating in the construction of electric vehicle infrastructure. Sinopec has started its own initiative and its relationship with the automotive industry has thus been opposed. "Transformed to cooperation. The energy giants take the initiative to participate in the development of the automotive industry, or will play an active role in the technical upgrading of traditional internal combustion engines, as well as environmental emissions, which will include the promotion and application of diesel cars. On June 16, Sinopec Corp. ("Sinopec") held an inauguration ceremony for the "Sinopec Automotive Industry Technical Cooperation Center" in Beijing. It was announced that China's first technology cooperation platform for the energy and chemical industry and the automotive industry was born. The role is being switched from energy and chemical product manufacturers to energy and chemical technology service providers. Just 9 days later, Sinopec and China National Heavy Duty Truck Group held a strategic cooperation signing ceremony, announcing the conclusion of a strategic partnership and in-depth cooperation in technology, business, overseas markets, and brands. Su Shulin, general manager of China Petrochemical Corporation, said in an exclusive interview with this newspaper that Sinopec, as an energy company, will maintain close cooperation with the automotive industry and play a role in the technological upgrading of the automotive industry and the upgrading of emission regulations. It is understood that the strategic cooperation with China National Heavy Duty Truck will start from the source of technology development. The two parties will establish joint laboratories to jointly develop and apply product research and application of special vehicles for the automotive industry related oil products and chemical industry. The technical cooperation involves more than 20 varieties of four major categories of products, which will enhance the competitiveness of automotive companies in terms of technological transformation and cost control. Yang Yuanyi, director of the Sinopec Technology Development Department, said in an interview with this reporter that the promotion of high-quality diesel, including diesel cars, will also be included in the framework of the Sinopec Automotive Research Center, but it is not currently the focus because diesel is currently The supply is also very tight. Volkswagen had paid great efforts to promote diesel cars in China. However, due to the quality of diesel and the loss of refined diesel, the promotion of diesel cars has not been started. Previously, it was reported that Sinopec and other oil companies had stated that if the NDRC allowed diesel oil to increase prices, then refinery companies could immediately refine high-quality automotive diesel fuel in line with 50 PPM, and the most important thing was to implement a policy of higher quality and higher prices. Song Yunchang, director of the Sinopec Automotive Industry Technical Cooperation Center and general manager of Sinopec Lubricants Co., Ltd., said that Sinopec and Volkswagen have discussed the issue of diesel quality many times. We and Shanghai Volkswagen have been doing this industry and have also bought several vehicles. experiment. Diesel cars cannot be branded in large cities such as Beijing, because at present there is no high-quality diesel for cars to supply, but after the reform of the refined oil price mechanism and Sinopec's changing role, there is already a possibility of producing high-quality diesel at higher prices. This also brings new opportunities for the promotion of diesel cars. Dong Yang, executive vice president of the China Association of Automobile Manufacturers, said that the establishment of the Sinopec Automotive Industry Technical Cooperation Center will provide a viable and win-win solution for auto companies to break through technical bottlenecks, improve product performance, and reduce production costs in the application of automotive petrochemical products. s solution.
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