Heilongjiang United Oil & Chemicals Co., Ltd. (“HUOC”) was established in 1998, with an initial registered capital of CNY 100 Million. HUOC is a licenced non-state company to import crude oil as well as to participate in state-run programme for imports of fuel oil. It has a specialized licence for border trade with Russia for refined oil products, fertilizer, iron ore, rubber etc. HUOC is awarded top classification “A” in implementation of projects under Foreign Aid programme and “A” class by China Customs. HUOC is an Executive Committee Member of China Chamber of Commerce for Importers and Exporters of Metals, Minerals and Chemicals, and Chairman of Crude Oil Branch Sub-Branch.
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