Shanghai to Close 255 Industrial Facilities for G20 Summit and Clear Skies

China ordered at least 255 Shanghai-based industrial facilities, including part of a major oil refinery operated by Sinopec Corp, to shut for 14 days to reduce pollution ahead of the G20 summit, according to an official document reviewed by Reuters.

The document, issued by the Shanghai Environment Protection Bureau, has ordered a wide range of companies from power and petrochemical plants to logistics firms to shut down between Aug. 24 and Sept. 6 for the upcoming G20 meet in Hangzhou. Authorities in neighboring Zhejiang and Jiangsu province are set to issue similar orders to limit air pollution and safety hazards within a 300 km radius from Hangzhou, according to industry and government officials.

Shanghai Petrochemical Corp, a subsidiary refinery of state refiner Sinopec Corp, will reduce its capacity by 50 percent, or about 120,000 barrels per day (bpd), for the G20 event during those two weeks, the document from the environment bureau said. Coal-fired power plants in the area that do not meet emissions standards will be fully closed over the two weeks, it also said, and the usage of heavy machinery will be reduced by 30 percent across Shanghai.

The G20 summit, hosted in the first week of September, has become China's biggest diplomatic event of the year and is expected to gather together world leaders like Chinese President Xi Jinping and U.S. President Barack Obama.

Read the full article @ the Reuters