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Bearish crude trapped MTO/MTP in trouble

Normally MTO producing cost is higher than CTO, and is increasing amid crude oil breaking through $40/bbl. Comparing with MTO, oil-to-olefin (OTO) now is taking more advantage.

9-29-2015 14:07:29

Datong Coal Mine plans to add CNY55.14 mln more investment in Zhunshuo Railway

Datong Coal Mine Group revealed on September 26th that its board of directors agreed to increase investment as per the proportion of their existing shareholdings in Zhunshuo Railway Co., Ltd

9-29-2015 13:56:15

Crude import slid and 7 teapots acquired the crude import right

ina Customs data showed, the import crude in August settled at 26.59 million mt, down by 13.5% MoM, up by 5.6% YoY. From January to August, the total import crude was 220 million mt, an incr

9-29-2015 10:59:49

Review on China coal imports in August

Under an economic slowdown and strengthening environmental protection regulations, production of downstream products like electricity, coke and crude steel dropped to different extents, draw

9-29-2015 10:47:05

Sinochem Oil settled its affiliate in Hanjiang region

Sinochem Oil is going to sign with Wuhan government about settling its affiliate in Hanjiang.

9-28-2015 17:16:11

China Xinjiang is becoming Middle Asia Center with petrochemical industry

Reported by Xinhua Agency, Russia orientalist Yakovlev talked in Xinhua interview that Xinjiang was becoming the Middle Asia (MA) Center under the administration of China Central government.

9-28-2015 14:36:50

China, US sign MOU on development cooperation

WASHINGTON — China and the United States signed on Sept 25 a Memorandum of Understanding (MOU) to guide future communication and cooperation between the two sides in terms of global develo

9-28-2015 09:20:08

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