Sinopec Corp. and China Aviation officially announced a restructuring
The restructuring between Sinopec Corp. and China Aviation is a deep integration of the industrial chain. The core lies in building an integrated system of "refining - airport," reducing costs and ensuring energy security by minimizing intermediate links, directly competing with international giants like Shell, and enhancing the competitiveness of traditional aviation fuel. At the same time, both parties will work together to tackle the decarbonization challenge in the aviation industry, integrating Sinopec's sustainable aviation fuel (SAF) research and production with China Aviation's terminal refueling network, creating a closed loop for the entire SAF industry and seizing the strategic high ground in green aviation
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