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Sinopec Cangzhou raises benefits via octane value loss cut

Beijing (JLC), August 24, 2020--Sinopec Cangzhou Refining and Chemical created about CNY2.3 million more benefits during January-July 2020 via minimizing octane loss at its S-Zorb plant, Sinopec said on its website.

08-24-2020 10:53:25

Ban on plastic bag may benefit recycled plastic market

The standard recycle of plastic could not only contribute to plastic supply, but also meeting the demand of environmental protection.

08-21-2020 13:09:26

Five benefits of organic fertilizer with inorganic fertilizer

Shandong (JLC), April 22, 2020--Agricultural production must follow the principle of "mainly organic fertilizer, supplemented by chemical fertilizer", in order to increase soil fertility and yields.

04-22-2020 16:28:42

Low inventory benefits PP market

China PP inventory had stayed at high levels for long time, and finally declined in May. Furthermore, the low inventory would benefit June PP market, though the supply pressure was predicted to continue.

05-31-2019 18:05:33

Coal-based pricing likely to benefit Chinese LNG buyers

Beijing (JLC), April 16, 2019--Japan's Tokyo Gas recently inked a unique deal with Shell for LNG supply, partially priced off coal indexes, Tokyo Gas said. The innovative pricing may prove a bonus for Chinese LNG buyers, industry sources commented.

04-16-2019 17:44:18

ESBR supply to rise amid increasing marginal benefits

Marginal benefits of some ESBR producers increased in March as the drops in butadiene and styrene prices were larger than that in SBR price.

04-11-2019 15:11:07

Lower VAT to benefit China potassium chloride market

The VAT (value added tax) reform in China will cut VAT on potassium chloride, which will benefit China potassium chloride market as the dependence on import is high.

03-13-2019 17:26:09

Benefits of the methanol fuel (Part II)

Shandong (JLC), December 19, 2018--Is the methanol fuel being promoted by Xi’an government gasoline? What are the bullish factors about the methanol-fueled cars?

12-19-2018 10:19:00

Benefits of the methanol fuel (Part I）

Shandong (JLC), December 19, 2018--Is the methanol fuel being promoted by Xi’an government gasoline? What are the bullish factors about the methanol-fueled cars?

12-19-2018 10:04:57

High crude price benefits PE market price

In 2018, international crude futures prices traced an uptrend. Up to October 14, the WTI futures price was $71.34/bbl. After China’s National Day holiday over October 1-October (the holiday), PE market price surged amid cost-side support caused by high crude prices.

10-19-2018 08:44:00

More feed gas commercial supplies benefit downstream market

Downstream market developed soundly amid more commercial supplies of feed gas. As shown in the following chart, alkylation unit profits remained considerable in May. Meanwhile, isomerization unit profits also increased with falling etherified C4 prices.

05-28-2018 16:06:46

Tax policy change to benefit PE market

The State Council Executive Meeting held in April confirmed three measures for deepening the VAT reform, which would be implemented from May 1, 2018.

04-25-2018 18:02:59

Deposit-reserve ratio decline to benefit PP industry

Guidance: On April 17th, China’s Central Bank published to cut the deposit-reserve ratio by 1 percentage points for large-scale commercial banks, joint-stock commercial banks, city commercial banks, non-county-level rural commercial banks, and foreign banks.

04-23-2018 17:44:27

RMB appreciation benefits PE import

On September 8th, the People's Bank of China set the central parity rate of USD to RMB at 6.5032. The exchange rate of USD to onshore RMB was 6.4350.

09-14-2017 14:04:00

The flexible environmental protection supervision benefits the urea industry somewhat

Recently, Sichuan Province stopped the environmental protection supervision with no flexibility. So was Shandong Province. The government published that it would find out who was responsible for the illegal and Indiscriminate act.

08-24-2017 18:10:40

The benefit of the Belt and Road project

On May 14th, the Belt and Road Summit was held in Beijing, indicating that the international cooperation moved into a new stage. Over 100 countries and international organization have joint into the progress.

05-25-2017 11:27:32

Private large scale refining projects will bring benefits to the industry in the long run

It is reported that Shenghong Petrochemical Group will build the largest individual CDU with a capacity of 160 million mt per year in China, which will be the largest refining and refining integration project built by private enterprise in China.

05-23-2017 17:44:48

Central Asia-China Natural Gas Pipeline benefits from the "B&R" Initiative

Central Asia-China Natural Gas Pipeline, the longest pipeline in the world, has encountered new great opportunities in construction of the Silk Road Economic Belt.

05-23-2017 11:05:23

Western oil giants to benefit from Russian energy sanction lifts

According to Russia media on March 10th in Huston, Richard Matzke, the Lukoil and PetroChina executive, cited in Sputnik’s interview that western oil giants gained most benefits from lifting Russian energy sanctions.

03-15-2017 16:53:33

Xinjiang Dabancheng's natural gas heating benefits 8,000 people

Recently, more than 8000 people took the lead in enjoying the natural gas central heating in Dabancheng Town, Dabancheng District. The way of scattered coal-stove heating in Dabancheng District will be gradually replaced by natural gas central heating

10-26-2016 17:59:29

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