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ExxonMobil hits key milestone for Huizhou Ethylene Project

Guangzhou (JLC), December 10, 2024 – ExxonMobil has recently taken delivery of a crucial production unit for its Huizhou Ethylene Project in Guangdong province. The 1.6-million-mt/yr ethylene unit wa

12-10-2024 19:03:37

Propylene prices to fall after hitting high on weak demand

Shandong (JLC), November 14, 2023—Propylene prices are likely to retreat from a high level amid expanding supply and shrinking demand.

11-14-2023 11:13:27

China propylene imports hit a new low in April

Shandong (JLC), May 24, 2022—China propylene imports slumped in April amid negative domestic-overseas price spread, epidemic resurgence and limited cargo supply.

05-24-2022 17:25:06

Yulin Chemical's ethylene output hits 261,600 mt in 2021

Shandong (JLC), January 18, 2022--PetroChina Lanzhou Petrochemical achieved 261,600 mt of ethylene output at its Shaanxi Yulin Chemical’s ethylene cracking unit by the end of 2021, sources from the company said.

01-18-2022 16:40:28

Henan's floodwaters hit ethanol market much

Shandong (JLC), July 28, 2021--Henan’s ethanol market took a heavy blow from the floodwaters on demand and feedstock price sectors.

07-28-2021 15:40:45

Propylene downstream products O/R hits a record high in Feb

In February 2021, the operating rate of propylene downstream products manufacturers hit a record high on the back of fat margins.

03-11-2021 10:22:52

China octanol price hits 8-year record high

As of February 18, the first working day after the Chinese New Year holiday, China’s octanol price in East China closed at CNY12,000/mt, hitting eight year record high and up by 15.9% from February 10, JLC data shows.

02-19-2021 14:31:37

China’s PTA inventory hits record high

China’s PTA inventory hit a record high in early-August, as slightly lower operation rates at domestic PTA plants failed to revise oversupply in local market.

08-10-2020 18:10:12

Butadiene prices hit the bottom on bearish factors

Shandong (JLC), March 24, 2020--China’s butadiene market price declined sharply in March and even nearly hit the lowest from 2008 dragged down by the global COVID-19 spread, the plummet in crude oil prices and the circuit breaker of the US stock.

03-24-2020 16:51:32

Asian ethylene prices hit record low on crashing crude market

Shandong (JLC), March 17, 2020--Asian ethylene prices refreshed a new low as the OPEC+ failed to reach a deal to cut production and Saudi Arabia launched price war.

03-13-2020 09:46:23

China phenol stock hit record high over 50kt

Up to January 24, China’s phenol inventory hit a record high, which was above 50,000mt, caused by sluggish demand and logistics ban against the backdrop of the new coronavirus, JLC data shows.

02-25-2020 14:47:12

Propylene prices fall soon after hitting high

Shandong (JLC), September 24, 2019--Propylene prices fell after hitting the high level in line with international crude oil prices in the week ended September 19.

09-24-2019 16:35:07

June propylene imports hit the record low

Shandong (JLC), July 31, 2019--Propylene imports in June kept decreasing and hit the 2019 record low.

07-31-2019 10:23:48

Multi-factors to hit styrene market

Shandong (JLC), September 20, 2018--China styrene price will keep volatile in late September due to the coming delivery period for styrene futures and holidays despite the lack of ongoing bullish factors.

09-20-2018 16:42:28

The U.S. ethylene price hit a new low, the price spread between Asia and the U.S. expands

The spot price of ethylene in the U.S. hit a new low on Monday, following the lowest price in history on Friday.

04-12-2018 14:17:44

Environment tax to hit China petrochemical sector

The new tax will exert a big impact on China petrochemical industry as it targets at poisonous and harmful substances.

01-16-2018 15:23:51

Propylene price hit a new high in 2016

OPEC’s agreement on freezing production drove up crude oil price continuously from last week. Furthermore, it is predicted that crude oil output of non-OPEC oil-producing countries might decrease by 600,000bbl/day.

12-12-2016 15:53:13

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

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