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Zhonggu Petrochemical to build a 5 mln mt/yr project in Zhuhai

Beijing (JLC), August 29, 2019--China’s independent Zhonggu Petrochemical plans to construct a 5 mln mt/yr refining project for chemical feedstock in Zhuhai, Guangdong province, according to its website.

08-29-2019 10:09:55

Fujian?Fuhaichuang?restarts aromatics project

-Fujian Fuhaichuang Petroleum Chemical Co., Ltd restarts the aromatics projects after over three years’ closure and PX unit produced qualified products on December 26, 2018 to ensure the feedstock supply for PTA units.

01-03-2019 17:57:42

Sinopec Zhenhai to build 1.2 million mt of ethylene

Sinopec Zhenhai Refining and Chemical plans to expand oil refining and ethylene capacities by 15 million mt/yr (300 kbd) and 1.2 million mt/yr (24 kbd) respectively, related website of Sinopec said.

12-26-2018 11:37:32

Sinochem, ChemChina merger settles

Sinochem Group and China National Chemical Corporation (ChemChina) merger in June will have a significant effect on China energy industry and is expected to be the giant in petrochemical industrial chain.

07-03-2018 17:35:34

Follow-up report on Sinopec Jinling fire accident

10-13-2016 11:02:44

China petrochemical industry de-capacity has been put on the agenda

09-13-2016 16:30:05

Ningbo Daxie all newly-constructed units operation

According to JYD, by now Ningbo Daxie Petrochemical newly-constructed units were all operated, and the products were produced gradually. But during G20 Summit, the operation rate will be cut to 50%, and the resources supply will be affected.

06-27-2016 17:36:10

Shenhua coal-to-oil project 4 mln mt/yr will put trail run in August

On May 13th, the first trail run of Shenhua Ningxia Coal coal-to-oil project with 4 million mt/yr had succeed, and this project is expected to be put into commission in August.

05-18-2016 13:52:34

CNOOC & Shell are expanding Nanhai Petchem

On March 22nd, CNOOC and Shell signed the agreement on expansion of CNOOC and Shell Petrochemical Company (CSPC), and each owns 50% stake in CSPC.

03-22-2016 17:35:49

Shenhua coal-to-oil project faces losses if the crude sustains low

Shenhua Ningxia Coal Group coal chemical center director Luo Chuntao said during Beijing’s two sessions, Shenhua coal to oil project with 4 million mt/yr has already totally completed investment 34.747 billion yuan, with total investment budget 55 billion yuan.

03-14-2016 17:16:35

Hebei Yihong's 15 mln mt/yr of CDU & 3 mln mt/yr of PX project

Hebei Yihong Petchem invested 40 billion yuan on construction refining projects with CDU capacity of 15 million mt/yr, locating in Tangshan City Caofeidian Chemical Industrial Park, with 306.7 hectares.

03-09-2016 14:08:29

Overview on polyolefin inventory in 2015 and 2016

Entering 2015, the market price of polyolefin declined sharply, so amid the sluggish market activity, the inventory sustained upward. After New Year’s Day, the inventory surpassed 0.9 million mt.

01-28-2016 17:29:14

Forecast on China PP market in 2016

01-21-2016 11:23:50

China climate index of petrochemical industry in August slid

In August, Chinese oil-gas and chemical industries climate index both suffered a downward pressure.

10-14-2015 15:41:28

Bearish sentiment for PP in October

Since September, PP spot encountered bottleneck, price falling in this traditional peak season amid weak demand.

09-24-2015 15:52:52

Polyolefine market will keep steady in H4 2015

On September 9th, the Prime Minister Li Keqiang said on the Summer Davos, as to the China capital market, especially the stock market, policies taken to stabilize the market prevented the systemic financial risk.

09-16-2015 17:32:30

CTO units expansion reshapes PE market

Since 2014, domestic expansion units were mainly coal chemical units, such as Shaanxi Yanchang ChinaCoal Yulin Energy & Chemical, ChinaCoal Shannxi Yuheng and Ningxia Baofeng Energy. In the first half of 2015, PE supply structure changed markedly.

07-07-2015 17:47:27

PE Spot/Current Market showed positive signs

According to data compiled by CNBS, in February CPI ended up 1.2% MoM to 101.4, and PMI gained 0.2% MoM to 49.9, PPI down to 95.2, or 0.52% MoM, due to Chinese Lunar New Year propping up the consumption and PMI except the production.

04-09-2015 09:00:34

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