(ECNS) -- Sinopec, the largest oil refiner in China, on Sunday denied it had succeeded in developing "super gasoline", rumored to be able to reduce fuel consumption by 30 percent, Beijing Youth Daily reports.
In a post on its official Weibo account, the company said: "Encouraging and giving respect to innovation is part of major Sinopec values, and it encourages employees to carry out technological innovations so as to give full play to their creativity.
"Zhou Xiangjin is an employee engaged in synthetic fiber-related work at the company and, with regard to his claim of having invented a new gasoline product and technology, it deems there exists a lack of factual evidence."
Through its mature and standard news release channels, the company's media team would inform the public on major technological breakthroughs in a timely manner, it was added.
Previously, media reports had it that Zhou, who was in charge of Sinopec's chemical division, revealed the invention of a brand new gasoline product that was "clean, highly efficient, energy-saving and environmentally friendly".
According to reports, the new product was easy to make and was less harmful to the environment. It did not freeze in winter, nor contain any aromatics or need any antiknock agents, and was less toxic.
