Shandong Bitumen Refineries List
Last updated: 2026-10-06
Shandong province is home to more than 40 active bitumen refineries and blending plants, concentrated mainly in the Dongying, Zibo, Binzhou, and Rizhao industrial corridors. Collectively, they supply over 60% of China's domestic bitumen output, with the largest single facility (Zhonghai Binzhou) operating at roughly 4 million tons per year. Bulk export prices from Shandong refineries typically range from USD 340–430 per ton FOB Qingdao in 2025, depending on penetration grade and order volume.
Why Shandong Dominates China's Bitumen Supply
Shandong sits on top of the Shengli oilfield, China's second-largest onshore crude source, and hosts the densest cluster of independent refineries ("teapots") in the country. This gives local producers three structural advantages:
- Feedstock proximity: Shengli heavy crude is naturally suited to bitumen production (high asphaltene content, low paraffin).
- Port access: Qingdao, Rizhao, and Dongying ports handle bulk vessel and ISO tank exports to Southeast Asia, Africa, and the Middle East.
- Integrated logistics: Road, rail, and coastal shipping converge within a 100 km radius, cutting inland transport costs by 15–25% versus inland refineries.
In 2024, Shandong shipped approximately 9.6 million tons of bitumen domestically and 2.1 million tons for export, according to provincial customs data.
Shandong Bitumen Refineries List: Top Producers
The table below lists the major bitumen-producing refineries and blenders in Shandong, ranked by estimated annual bitumen capacity.
| Refinery / Blender | Location | Est. Bitumen Capacity (10,000 t/yr) | Main Grades | Export License |
|---|---|---|---|---|
| Zhonghai Binzhou (中海滨州) | Binzhou | 400 | 60/70, 70/100, 80/100 | Yes |
| Qilu Petrochemical (齐鲁石化) | Zibo | 150 | 70/100, 90/100 | Yes (via Sinopec) |
| Shandong Chambroad (京博石化) | Boxing | 120 | 60/70, 70/100 | Yes |
| Dongying Kelida (科力达) | Dongying | 100 | 70/100, 90/100 | Yes |
| Shandong Hisun (海顺石化) | Dongying | 80 | 60/70, 80/100 | Yes |
| Kenli Petrochemical (垦利石化) | Dongying | 70 | 70/100, 130/150 | Limited |
| Shandong Jinyu (金宇石化) | Zibo | 60 | 70/100, 90/100 | No |
| Lijin Petrochemical (利津石化) | Dongying | 50 | 70/100, 110/120 | Yes |
| Guangrao Huaxing (广饶华星) | Dongying | 45 | 60/70, 70/100 | Yes |
| Qingdao Chuangye (青岛创业) | Qingdao | 40 | 70/100, 100/120 | Yes |
Key takeaways for buyers:
- Zhonghai Binzhou is the single largest supplier and the benchmark for export pricing in Shandong.
- Dongying cluster (Kelida, Hisun, Kenli, Lijin, Huaxing) accounts for nearly 40% of provincial capacity and offers the most flexible order sizes, including 20–200 ton trial lots.
- Zibo cluster (Qilu, Jinyu) is geared more toward domestic highway tenders, so export allocations are tighter.
Price Comparison: 60/70 and 70/100 by Refinery
Prices fluctuate weekly with crude benchmarks and seasonality (Q2–Q3 peak for road construction). The following table shows indicative FOB Qingdao pricing as of early 2025 for standard penetration grades in bulk (base order: 1,000 tons).
| Refinery | 60/70 (USD/t FOB) | 70/100 (USD/t FOB) | Penetration @25°C | Softening Point (°C) |
|---|---|---|---|---|
| Zhonghai Binzhou | 415–430 | 400–415 | 62–68 | 48–52 |
| Chambroad | 405–420 | 395–410 | 61–67 | 47–51 |
| Kelida | 400–415 | 390–405 | 62–68 | 48–52 |
| Hisun | 395–410 | 385–400 | 60–66 | 46–50 |
| Lijin | 390–405 | 380–395 | 61–67 | 47–51 |
| Qingdao Chuangye | 400–420 | 390–405 | 62–68 | 48–52 |
Pricing notes:
- Orders below 500 tons typically carry a USD 15–25/ton premium for drumming or ISO tank packaging.
- CIF prices to Southeast Asia add USD 35–60/ton, depending on port and vessel size.
- Payment terms: 30% T/T deposit + 70% against B/L copy is standard; L/C at sight is accepted by most refineries above 1,000 tons.
Product Grades and Specifications
Shandong refineries primarily produce penetration-grade bitumen under ASTM D946 and JTG F40-2004 (China domestic standard). The most exported grades are:
- 60/70 penetration: Preferred for hot-mix asphalt in tropical and subtropical climates (Southeast Asia, Africa, Middle East).
- 70/100 penetration: General-purpose grade for moderate climates; largest volume grade exported globally.
- 80/100 and 100/120: Used in colder regions and for emulsion production.
- 90/100 and 130/150: Lower-volume grades, typically made to order.
| Grade | Typical Export Volume Share | Primary Markets | Standard |
|---|---|---|---|
| 60/70 | 35% | Vietnam, Philippines, Nigeria | ASTM D946 |
| 70/100 | 40% | Indonesia, Bangladesh, Kenya | ASTM D946 |
| 80/100 | 12% | Australia, Thailand | ASTM D946 |
| 100/120+ | 13% | India, South Africa | ASTM D946 |
Quality control: Major refineries provide third-party inspection (SGS, BV, Intertek) at loading port. Chinese domestic-spec bitumen (JTG F40) is chemically identical to ASTM spec but is often USD 10–20/ton cheaper; buyers must confirm which standard is being quoted.
Export Logistics: Ports, Lead Times, and MOQs
| Port | Distance from Dongying Cluster | Vessel Access | Typical Lead Time (order to B/L) |
|---|---|---|---|
| Qingdao | 280 km | 5,000–30,000 DWT | 10–14 days |
| Rizhao | 350 km | 10,000–50,000 DWT | 12–16 days |
| Dongying | 40 km | 1,000–5,000 DWT | 7–10 days |
| Yantai | 300 km | 3,000–20,000 DWT | 12–15 days |
Logistics facts:
- MOQ for bulk flexitank/ISO tank: 20 tons; for bulk vessel: 1,000 tons.
- Flexitank shipments (20–24 tons per 20' container) are the most cost-effective for trial orders, adding roughly USD 250–400 per container in packaging.
- Peak season congestion: June–September, Qingdao port lead times can extend by 3–5 days.
- Documentation: Certificate of Origin (Form E for ASEAN, Form B for general), MSDS, COA, and third-party inspection report are standard.
FAQ: China Shandong Bitumen Refinery
Q1: How many bitumen refineries are there in Shandong?
Shandong has over 40 active bitumen refineries and blending plants, with about 15 classified as major exporters. The Dongying cluster alone contains more than 20 facilities, ranging from 50,000 to 4 million tons annual capacity.
Q2: Which Shandong refinery has the largest bitumen capacity?
Zhonghai Binzhou is the largest, with an estimated 4 million tons per year of bitumen capacity. It is also the most active exporter and often sets the benchmark FOB Qingdao price that smaller refineries follow.
Q3: What is the current price of Shandong bitumen per ton?
As of early 2025, 60/70 grade FOB Qingdao trades at USD 415–430 per ton, while 70/100 grade ranges from USD 400–415 per ton for orders above 1,000 tons. Prices track Brent crude with a typical 2–3 week lag.
Q4: Can I buy small quantities of bitumen from Shandong refineries?
Yes. Most Dongying-based refineries accept orders from 20 tons (one flexitank container) upward, though smaller orders carry a USD 15–25/ton packaging premium. Trial orders of 20–200 tons are common for first-time buyers verifying quality.
Q5: What is the typical lead time for export from Shandong?
From confirmed order to B/L issuance, expect 10–14 days for Qingdao port shipments and 7–10 days via Dongying port. Add 3–5 days during the June–September peak season due to port congestion.
Calculate Your Landed Cost Before You Buy
Bitumen pricing involves more than the FOB tag: freight, insurance, drumming, port charges, and currency conversion can shift your landed cost by 10–18%. Before you commit to a Shandong supplier, model the full delivered cost with the 6Tar cost calculator — it factors in FOB price, shipping route, packaging type, and destination port fees to give you an accurate per-ton landed cost in seconds.