Premiere Eastern Energy Limited (ASX:PEZ) is a leading integrated supply chain manager of petrochemical products in the PRC based in the Guangdong Province, PRC. As an integrated supply chain manager, it engages in the wholesale distribution of petrochemical products including sourcing, storage, shipping, sales and marketing and after-sales services of petrochemical products in the PRC.
The Group's business focuses on the wholesale supply of Refined Petroleum and Other Petrochemicals used mainly in automobiles. The Group owns a petroleum storage facility located in Longkou City, Shandong Province, PRC with a total petroleum storage capacity of 13,500 m3 (equivalent to approximately 9,000 tonnes), comprising four petroleum storage tanks with 3,000 m3 each and three petroleum storage tanks of 500 m3 each.
