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ZPC, STCC sign high-performance resin project

?Shandong (JLC), October 25, 2022--Zhejiang Petroleum and Chemical (ZPC) signed the high-performance resin project with Sinopec No.10 Construction Co., LTD (STCC) on October 20, sources from ZPC said.

10-25-2022 15:18:04

ZhongKe Refinery & Petrochemical successfully produces photovoltaic grade EVA

05-25-2022 15:48:26

Hengchang Petrochemical sees successful startup of new PP unit

Dongming Hengchang Petrochemical in Shandong Province achieved qualified products from its new 200,000 mt/yr PP unit on March 18, indicating successful startup of the new unit, the company said.

03-23-2021 17:28:42

China’s MEG prices stabilize on higher crude price, COVID-19 vaccine research

China MEG prices moved sideways currently after crude prices increased to over $40/bbl amid the completion of America votes and the good news of COVID-19 vaccine.

11-17-2020 15:26:57

Accident of Iran’s boats spurs PE prices

The PE market prices increased in mid-May affected by the accident of two boats, Iran’s SHAHRAZ and Indonesia’s SAMUDRA SAKTI I. The accident happened at 1:00 a.m. May 11 (Beijing time).

05-14-2020 15:51:11

PVC prices to drop on accumulating inventory

The PVC industry would enter a downturn cycle facing increasing supply and reducing demand.

11-13-2019 13:48:40

Saudi’s oilfield accident leads to changes in polyolefin import market

The crude output cut in Saudi Arabia drove up the market quotations, spurring the polyolefin prices in China. The increase in PP price was less than that in PE price as China’s PP was ample.

09-20-2019 17:09:27

Two accidents lead to concerns in polyofefin market

Two accidents happened in Henan and Hebei province separately, which became a hot point in society, and Chinese chemical market players all felt worried.

07-24-2019 17:43:06

Yangzi Petrochemical successfully developed a polyethylene resin for waterborne coatings

In April 2018, Yangzi Petrochemical successfully produced more than 100 mt of polyethylene resin for waterborne coatings. This is another successful trial production of the company after October of last year.

01-09-2019 17:22:42

Tianjin Petrochemical successfully produced PE ternary copolymer

On March 31,Tianjin Petrochemical achieved in the test running of its LF1815 unit, all of its 200mt new product were in line with the targeted requirements.

01-09-2019 17:20:01

China PE units restart in succession

Along with the ending of maintenance season, PetroChina Daqing Petrochemical and Shenhua Ningxia Coal Industry both restarted their PE units in succession. Shaanxi Yanchang Petroleum ?Yanan Energy & Chemical had put the newly-added unit into production.

09-13-2018 17:35:35

The volume of PP import declined in succession, but it won’t return to zero

As to the chart, China PP import declined progressively from 2012. As to the data of 2016, the volume of PP import in January-September, 2016 declined against the past two years.

11-28-2016 17:09:09

Influence of accident in Jinling Petrochemical on benzene

Units of Jinling Petrochemical had to delay its reoperation after 45 days of maintenance because the flange of the feed filter caught on fire during the reoperation.

10-14-2016 17:31:25

Levima New Material Company successively developed PPH-M600N PP products

Levima New Material Company, short for Levima New Material, as a high-tech enterprise concentrating on chemical new material field, has made an innovation in applied processing technology and successively developed high melting homopolymer PP products-PPH-M600N, and put it on the market.

07-13-2016 16:43:21

China 2015 plastics industry profit accounting for 11.4% of the total light industry

The Report of China Light Industry Competitiveness (2015) published by China National Light Industry Association on June 15th shows, China light industry in 2015 achieved a total profit of CNY1.49 trillion, up by 7.57% year on year.

06-16-2016 16:30:59

Some state-owned enterprise promoting the reform of PE price mechanism after NPC&CPPCC

The reform of price mechanism by state-owned enterprise would create a favorable environment for PE markets to achieve “the 13th Five-year Plan” economic development.

03-23-2016 10:01:43

Focuses on NPC&CPPCC: polyolefin market requires transformation amid oversupply

In 2016, the beginning of “the 13th Five-year Plan”, “adjusting structure and promoting transformation” are still of top priorities and the policy “dividend” is worth being expected for enterprises though high pressure remains.

03-17-2016 17:30:47

Which policies would promote PP market farther through NPC&CPPCC?

Promoted by futures market and high oil price during NPC&CPPCC, PP market price skyrocketed, hitting the record high since the second half of 2015, with Sinopec's and PetroChina's EXW prices rising frequently after rapid consumption of inventory.

03-17-2016 10:49:51

Polyolefin industry should control capacity in accordance with deepening reform

On March 5th, the Premier, Li Keqiang, pointed out that in 2016 we should put forth effort on resolving surplus capacity, decreasing costs and increasing benefits in the 4th session of the 12th National People's Congress.

03-15-2016 09:29:27

China Q2 GDP Growth Accelerates to 7.5 pct

China’s GDP expanded by 2% in the second quarter from the previous quarter in 2014, giving the country a 7.5% increase on an annual basis from the previous quarter's 7.4%, according to the latest data released by National Bureau of Statistics.

09-03-2014 15:41:42

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