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PDH-based PP margins down undermined by rising propane

?Shandong (JLC), August 22, 2023--Production margins of PDH-fed PP producers moved downward in past days of August, broadly caused by rising prices of feedstock propane.

08-22-2023 15:08:30

PDH-based PP gets cost-side advantages on lower propane price

PDH-based PP products have advantages in production cost affected by the decline in propane price. Propane prices plunged after slight rises in the first half of 2023.

07-12-2023 18:02:43

Juzhengyuan enjoys approval at new material base project

Shandong (JLC), October 26, 2022--Guangdong Jieyang Juzhengyuan Technology (Juzhengyuan Technology) in south China got an approval at its new material base project, according to a notice published by

10-26-2022 10:49:45

PDH-based PP margins rise on lower propane price

The profits of PDH-based PP plants increased as the propane price fell, though PP prices had decreased to low levels.

06-17-2022 15:36:36

ZPC again uses LyondellBasell’s PE production technologies

LyondellBasell announced in March that China’s Zhejiang Petroleum and Chemical got the technology licensing of high-pressure PE technology again

04-27-2022 14:22:53

N China-based PE plants cut operating rates on losses

Many PE plants cut operating rates or shut units down in North China, as the high crude price squeezed their profits, or even made PE plants run at a loss.

03-16-2022 17:03:43

Zhenhai base achieves on-spec product on ethylene unit

Shandong (JLC), January 17, 2022--Zhenhai petrochemical base achieved on-specification product at its phase I ethylene unit on January 7, 2022 when phase I project of the petrochemical base was put into operation.

01-17-2022 16:51:02

Price spread between ethylene-based and calcium carbide-based PVC narrows

The price spread between ethylene-based PVC and calcium carbide-based PVC reduced to CNY120-150/mt. The ethylene-based PVC was better by virtue of its cost, price, and quality advantages.

04-28-2020 17:12:21

Mitsubishi Chemical to purchase two Switzerland-based engineering plastic recyclers

Currently, Mitsubishi Chemical published that it will buy two engineering plastic recycling companies in Switzerland. This acquisition would help Mitsubishi to improve the development of cyclic economy.

03-11-2020 16:36:51

Production status of Northwest coal-based PP units

The overall operating rate of coal-based PP units in Northwest China was moderate in end-February. PP units remained normal productions excepted units at Datang Duolun and Pucheng Clean Energy Chemical.

03-05-2019 15:19:53

Production costs of oil-based and coal-based PP

The production cost of oil-based PP was over CNY1,000/mt higher than that of coal-based PP in most of the time.However, it was CNY194/mt lower on December 25.

01-25-2019 17:22:46

The 100,000mt/yr coal-based MEG project at Yanchang Petroleum to start up in June 2019

Up to now, Yanchang Petroleum Refining & Chemical (hereafter refered to as Yanchang Petroleum for short) had finished 80% constrocution work of its 100,000 mt/yr coal-based MEG project.

01-21-2019 16:10:20

Jiutai Energy initiated coal-based copolymer project

Jiutai Energy plans to launch its new 250,000 mt/yr coal-based HDPE/LLDPE unit and 350,000 mt/yr PP unit in Erdos...

01-11-2019 17:09:40

Sinopec’s coal-based LD251 enters South China market.

In order to improve the market occupancy rate, Zhongtian Hechuang’s LDPE Plant was put into production successively in 2017.

01-09-2019 17:21:43

Oil-based PE profit decreases in 2018

China oil-based PE profit was squeezed by both high crude price and low PE prices in 2018, and it might face high crude price and low profits in 2019.

10-26-2018 17:45:18

Calcium carbide prices varies in different regions based on supply-demand fundamentals

Shandong (JLC), July 18, 2018--Calcium carbide market prices see-sawed recently. Few enterprises adjusted their quotes and most enterprises’ offers were stable. Calcium carbide prices varied in different regions based on supply-demand fundamentals.

07-18-2018 14:27:58

Oil-based PP profits bottom, coal-based peak

China coal-based PP profit reached a peak while the oil-based PP profit decreased to a low level.

06-01-2018 14:55:50

Bio-based polymers capacity eyes 3%-4% annual growth rate

The report from Nova Institute covered the development information of bio-based polymers in 2011-2022, including 15 polymers, and some producers’ information was listed in the report as well.

05-31-2018 15:58:35

China Guangxi Investment Group’s Ethane-based Ethlyene, LLDPE, HDPE Project

This project is based on the expected increase of ethane import in the future. According to JLC, the Sino-U.S. trade negotiations agreed to increase U.S. energy exports.The import of ethane may increase the demand for domestic ethane cracking.

05-22-2018 14:20:39

The profit of oil-based PP is worrisome amid high crude price

The profit of oil-based PP is likely to decline in the future, as the high PP inventories exerts much pressure on the market trend, and the crude oil price remains high.

03-26-2018 17:35:01

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