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Independents’ refining margins for imported crude surge

Gua?ngzhou (JLC), May 29, 2025--Shandong-based independents’ refining margins for imported crude surged in late May, as crude costs retreated and sales revenue increased.

05-29-2025 16:20:15

China PE capacity to surge in 2025

Shandong (JLC), May 29, 2025--China’s PE producers are set to commission new units with a combined capacity of 7.08 million mt/yr throughout 2025. If all these units start up as scheduled, the country

05-29-2025 14:28:51

China’s Apr PET fiber chip exports rise on year

Shandong (JLC), May 29, 2025--China's exports of PET fiber chip reached 107,000 mt in April 2025 according to the General Administration of Customs of the PRC (GACC), a year-on-year increase of 30.2%.

05-29-2025 14:16:00

China’s main gas pipeline network transports over 1 trillion cbm of natural gas

Shandong (JLC), May 29, 2025--China’s main natural gas pipeline network has delivered over 1 trillion cbm of natural gas since PipeChina took over the country’s oil and gas pipelines in 2020.

05-29-2025 14:06:04

PetroChina Guangdong's May asphalt output sets new high

Guangzhou (JLC), May 28, 2025--As of May 26, PetroChina Guangdong Petrochemical's 70A asphalt production in May surpassed 80,000 mt, reaching a new high, Workers' Daily reported on May 28.

05-28-2025 19:16:28

Shandong independents' run rates drop for nine weeks in a row

Guangz?hou (JLC), May 28, 2025--Shandong independent refiners' operating rates extended falls in late May, the ninth week in a row, as more units came under maintenance.

05-28-2025 19:12:16

China INE crude price dips on potential OPEC+ output hike

Guangzhou (JLC), May 28, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) fell modestly on Wednesday amid expectations of another OPEC+ output hike.

05-28-2025 18:48:48

Zhongjing Petrochemical’s new PDH comes online

Beijing (JLC), May 27, 2025--Fujian Zhongjing Petrochemical’s third PDH unit, with a production capacity of 900,000 mt/yr, was put into operation on May 15.

05-28-2025 18:18:59

Sinopec Qilu raises Shengli crude processing ratio, jet fuel output

Guangzhou (JLC), May 28, 2025--Sinopec Qilu Petrochemical increased the processing ratio of Shengli crude and the production of jet fuel and petroleum coke, in an effort to cut costs and amplify margi

05-28-2025 15:21:05

PetroChina Dalian makes new progress with relocation project

Guangzhou (JLC), May 27, 2025--PetroChina Dalian Petrochemical is pushing ahead with its relocation project, with a new notice regarding the phase I construction released.

05-27-2025 19:06:31

PetroChina International supplies LNG to Philippines for first time

Guangzhou (JLC), May 26, 2025--PetroChina International (Singapore) delivered a batch of liquefied natural gas (LNG) to the Philippines for the first time on May 22, the company said.

05-26-2025 18:18:30

China INE crude slips on possibility of another OPEC+ output hike

Guangzhou (JLC), May 23, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) fell further on Friday amid the possibility that OPEC+ will accelerate production incr

05-23-2025 18:29:56

PetroChina Guangxi to complete upgrade project by end of June

Guangzhou (JLC), May 22, 2025--PetroChina Guangxi Petrochemical plans to complete the construction of its refining-chemical integration and upgrade project by the end of June 2025.

05-22-2025 18:27:30

LLDPE output to retreat on more maintenance

05-22-2025 17:32:25

Independents’ crude refining margins continue to plunge

Guangzhou (JLC), May 22, 2025--Shandong-based independents’ crude refining margins continued to plunge in the week to May 21, due to higher crude costs and slightly lower sales revenue.

05-22-2025 15:04:27

Shandong independents' run rates drop for eight weeks in a row

Guangzhou (JLC), May 21, 2025--Shandong independent refiners' operating rates dropped again in the week ending May 21, the eighth week in a row, due to more unit maintenance.

05-21-2025 18:00:27

China’s Apr PE exports drop on month

Shandong (JLC), May 21, 2025--China’a exports of PE was 93,300 mt in April 2025, a month-on-month decrease of 14,900 mt and a year-on-year increase of 2,600 mt.

05-21-2025 16:37:00

ABS prices expected to retreat after brief rally

Shandong (JLC), May 21, 2025--ABS prices are expected to experience a temporary mild decline before a pullback to previous low levels.

05-21-2025 14:55:31

China’s SBS unit operating rate down in Apr

Shandong (JLC), May 21, 2025—In April, the operating rate of SBS producers was 58.89%, down 5.08% month on month but up 17.43% year on year.

05-21-2025 10:54:00

China INE crude price up as prospects of US-Iran nuclear deal weakens

Guangzhou (JLC), May 20, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) climbed on Tuesday as the United States and Iran are still disputing the “red line” of

05-20-2025 18:57:15

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