Longwei Petroleum Closes Maintenance, Upgrades at Gujiao Plant
Longwei Petroleum Investment Holding Ltd. (NYSE: LPH) today announced it has completed scheduled maintenance and plant upgrades at its Gujiao facility.
Longwei recently completed plant upgrades at its Gujiao facility to include new coatings for its large storage tanks and scheduled maintenance and upgrades. The Gujiao facility has a storage capacity of 70,000 metric tons. Since commencing operations in November 2009, the Gujiao facility has grown to account for $233.8 million in petroleum sales for fiscal year 2012.
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