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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

China LDPE/LLDPE market review for 2015

Compared with high price in H1 2014 and fluctuation market in H2 2014, China PE market in 2015 presented fierce fluctuation with a price nosedive amid tepid transactions and wait-and-see attitudes.

12-10-2015 17:57:20

Overview of 2015 China LLDPE Futures

Since the end of December 2014, China LLDPE futures went into an upward channel. This tendency has expanded in 2015 despite two narrow fallbacks.

12-10-2015 17:35:05

Intensive overhauls failed to press down PE output

Run rats of China PE units in 2014 presented a W-shape, ranging around 72%-85%. Output trend of LDPE/ LLDPE nearly replicated the run rate trend while output of HDPE remained steadily unchanged. However, China saw a V-shape run rate of PE industry in 2015, hovering around 69%-89%.

12-10-2015 17:12:25

Low crude price will continue in 2016

Since July 2014, crude price has gone through a nosedive from over $100/bbl to $40-60/bbl for recent months. Such distinctive slump was attributed to multiple reasons.

12-07-2015 17:52:39

Chemical market tends to hit the bottom despite relieved pressure

Recently, crude price went through a short-term growth, helping to relieve the pressure upon chemical market for a potential decrease. However, the market tends to hit the bottom.

12-03-2015 17:31:28

China PX market in December

In November 2015, Asia PX market fluctuated within limited range. International crude price fell back, but exerted limited influence upon aromatics market.

12-03-2015 17:08:40

Current movement of polyester market

On November 30th, the executive board of IMF approved RMB’s entrance into Special Drawing Right (SDR), weighting at 10.92%, lower than expected.

12-03-2015 16:11:00

Analysis of China PTA import in October 2015

According to the General Administration of Customs, China PTA import reached 45,214 mt in October 2015, with a total value at $25.40 million, averaged at $562/mt.

12-03-2015 15:21:26

Haze turned Nanjing chemical industrial zone into a hot issue

A murky haze occurred to Beijing on the first day of December. What unprecedented was that, with severe cold air spilling to southern China, pollution in northern china was brought to Jiangsu.

12-03-2015 14:44:34

Price cut of natural gas vs gas-fed methanol producers

After the integration of natural gas prices on April 1st, National Development and Reform Commission announced on November 18th that non-residential natural gas price in distributors would be cut down by CNY0.7 per cubic meter since November 20th 2015.

11-27-2015 17:45:26

PTA price expected to bull by the end of 2015

Based on the expectation that FED would raise interest rate, China bulk commodity market suffered shattering dumping. However, domestic PTA suppliers purchased continuously, leaving PTA price powerful among other products.

11-27-2015 17:13:10

PX price movement in 2016

After two years bullish progress, PX price has fallen below the bottom level since 2010. In the coming 2016, will PX price break below previous bottom or rebound?

11-27-2015 16:13:44

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

Newly-built 170,000 mt/yr isobutene unit with Honeywell UOP technology

Recently, Honeywell UOP announced a successive launch of a isobutene unit newly-built in Luqing Petrochemical located in Shandong province. It took only 20 months to finish construction of this 170,000 mt/yr unit.

11-25-2015 17:21:55

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

New Elastollan Grade for food contact applications

From January 2016, BASF will expand its Elastollan portfolio (TPU, thermoplastic polyurethane) to include special Food Contact (FC) grades which are suitable for use in applications involving contact with food.

11-24-2015 16:37:40

Methanol-to-gasoline: moderate status and promising future

MTG, or methanol-to-gasoline, is a process relying on methanol as feedstock.

11-24-2015 16:35:05

Scarce speculations in benzene market

Domestic benzene market showed two rounds of rises in recent two weeks, however, speculative activities were still week. Market progress were mainly featured by the following characters.

11-24-2015 15:45:41

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