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China's Oil, Petrochem Sector Faces Tough Challenges

The 13th Five-Year Plan (2016-2020) for the petroleum and petrochemical industry will focus on eliminating obsolete capacity and raising coal chemical output. Excess capacity will be the sec

9-17-2014 11:37:33

Michelin to Purchase German Largest Tire Wholesaler

According to market source, the largest tire wholesaler in Germany, Ihle Baden-Baden AG, will probably belong to Michelin in the coming future.

9-17-2014 11:36:43

LLDPE Prices Downward Further

As crude oil price has experienced substantial slump and newly operated unit will produce added capacity in the third quarter, LLDEP futures price will remain its downward trend.

9-16-2014 18:06:50

Asia PX Oversupplies

This year is special for PX industry, because Asia PX has turned from excessive demand into oversupply. Though China market still maintained a huge demand gap with the dependence degree on i

9-16-2014 17:23:36

China New PDH Units May Need to Resell Propane if Delayed

China's new propane dehydrogenation (PDH) units that are scheduled to come on line in 2014 may be forced to resell their contracted feedstock propane cargoes if start ups are delayed, indust

9-16-2014 16:48:41

South China LPG Spot Prices Fall for 8th Consecutive Week on Oversupply

Around 342,000 mt of imported LPG arrived in southern China in May and around 363,000 mt in April, data from Beijing-based energy information provider JYD Commodities Hub showed. In comparis

9-16-2014 16:24:40

Govt moves LPG, fuel supplies to Kashmir valley

New Delhi: The government is moving LPG and other fuel supplies to marooned Kashmir valley using alternative routes, Oil Minister Dharmendra Pradhan said on Thursday.

9-16-2014 15:50:01

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