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Popularity for CTO in the “13th Five-year Plan” period

The fever for modern coal chemical projects in the past two years is now cooling down.

12-16-2015 17:28:15

No large-scale petrochemical project to be built in Gulf area

According to Arab Times on November 22th, an independent analyst from oil industry in Kuwait predicted that no large-scale petrochemical projects would be built in Gulf area.

11-25-2015 17:46:47

Costing standard of greenhouse gas emission for chemical industry

Not too long ago, China Standardization Administration approved and delivered 11 national standards.

11-25-2015 17:37:21

Global petrochemical layoff broke through 250,000

According to Dow Jones on November 20th, a company located in Huston has tracked layoff of oil and gas industries since oil price moved up.

11-25-2015 17:20:48

Propylene oxide products based on HPPO process allowed to export

Propylene oxide products based on HPPO process are allowed to export via processing trade business, but products based on other technologies are still forbidden, according to an announcement published by the ministry of commerce and the general administration of customs.

11-18-2015 15:41:57

Tight spot propylene in South Korea due to low run rate

Based on unsatisfactory profitability, spread between propane and ethylene and propylene was narrow. Recently, the run rates of some plants in South Korea were lowered, resulting in tight supply of spot propylene.

11-17-2015 16:22:55

Chemical export earnings from gulf area hit a historical record

According to a latest industrial report delivered by Gulf Petrochemical and Chemical Association (GPCA), petrochemical companies in the Gulf Cooperation Councilexported 17.2 million mt of chemicals in 2014, with a value at $62 billion, hitting a record high.

11-17-2015 09:57:01

A 9.5% growth of added value of chemical feedstock and product in October

According to data delivered by the National Bureau of Statistics, in October, industrial added value of enterprises above certain scale increased by 5.6% on-year, up by 0.46% than in September.

11-13-2015 17:05:51

Emerging demand for methanol was frustrated by low oil price

In the ongoing Q4 2015, investment in real estate has shown a pessimistic outlook in the demand for formaldehyde. As for dimethyl ether and acetic acid markets, demand is still scarcely seen.

10-27-2015 16:37:48

China September PPI dropped by 5.9% on-year

According to the data delivered by the State Statistics Bureau on October 14th, in September of 2015, China Producer Price Index (PPI) dropped by 0.4% on-month and by 5.9% on-year. The average PPI from January to September 2015 dropped by 5.0%.

10-16-2015 17:32:41

The 24th fertilizer industrial conference focused on energy conservation

The 24th Annual Conference of China Coal Chemical, Fertilizer,Methanol Industrial Development and Technology was held during September 15th-16th in Shanxi.

09-24-2015 15:08:26

Slumping crude price challenges coal-chemical industry

According to a newly-delivered report from the International Energy Agency, it is estimated that non-OPEC countries will see the biggest dump of crude supply for over 20 years next year, which is due to the slumping crude price that inhibits shale oil output in U.S.

09-24-2015 15:06:03

Wide difference between CPI and PPI

According to price data of commodities of July, CPI increased by 1.6% on-year, reaching the peak within this year.

08-26-2015 08:56:55

Security section for hazardous chemicals is coming!

On August 12th, an explosion occurred in a container warehouse of hazardous chemicals in Binhai New district, Tianjin, which was belonging to Ruihai International Logistics Company. The accident caused tremendous casualties and economic loss.

08-26-2015 08:54:52

China Chemical Product Daily Price (Aug 24th 2015)

08-25-2015 14:44:44

The renaissance of coal-chemical industry needs to avoid risks

National Energy Administration recently delivered a Project Plan on Clean and Efficient Utilization of Coal, clearly suggesting “the overall promotion of modern coal-chemical industry development”.

05-21-2015 10:53:36

Honeywell’ s catalyst project for propane dehydrogenation launched in China

A new production base, invested and built by Honeywell Performance Materials and Technologies, has been launched in China, of which the catalyst products will be used for the production of key feedstock for plastics .

04-30-2015 08:42:59

China lowers down tax on ethylene to encourage imports

Recently, the State Council Customs Tariff Commission delivered the Tariff Execution Plan 2015. In accordance with the plan, ethylene shall be temporary import duty rates at 1%, down by 1%, which would be lower than that for most-favoured-nation.

12-18-2014 15:10:20

New features of 2014 China polyolefin industry

??Based on global capital crunch and the intensive operation restarting of MTO projects in China, China polyolefin industry revealed new features in 2014.

12-03-2014 16:24:01

Overstocked Northwest Methanol Market Banks on MTO Operation

Ningxia Baofeng Energy reported that its methanol to olefin unit was fed in feedstock in 5:20 P.M. in the afternoon on October 31st and was estimated to yield products on November 3rd.

11-05-2014 15:46:39

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