Jointly held by Fujian Refining and Chemical (literal translation of "福建煉油化工"), Sinopec, and Aramco Asia Singapore Private Limited, Fujian Zhonga Refining and Chemical Co., Ltd. (literal translation of "福建中阿煉油化工有限公司") was recently established, Chinese media reported, citing information from Qichacha.The newly established company has a registered capital of around RMB28.8 billion, with a business scope covering import and export of goods and technology, engineering and technical research and experimental development, as well as thermal production and supply, among others.