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Sudden outage of Dagang Oil Field’s unit; no etherified C4 sold to other plants

Catalytic unit of Dagang Oil Filed was in sudden outage on September 12th for 7-15 days. During maintenance, no etherified C4 and propane products will be sold to other plants.

September 14, 2016

Naphtha aromatization unit of Kingao is to operate

300,000 mt/yr naphtha aromatization unit of Kingao Technology is to operate around September 20th. The etherified C4 produced after operation will stop selling to other plants and be used by

September 14, 2016

Asphalt output decreased gently amid weak demand in August

JYD data read, in January-August the domestic asphalt output settled up by 1,256,900 mt or 9% against the previous year to 15,784,600 mt. In August the output was reduced by 29,500 mt or 1%

September 14, 2016

The soaring refined oil exportation let the international oil market tremble

According to Reuters, in China some domestic refineries will export more gasoline and diesel in the coming several months. The fourth quarter is the peak consumption season of refined oil in

September 13, 2016

China petrochemical industry de-capacity has been put on the agenda

China petrochemical industry de-capacity has been put on the agenda

September 13, 2016

China crude output declined by 5.1% in Jan-Jul

The data from National Statistics Bureau of China showed that, the crude output in July was 16.72 million mt, up by 0.84% MoM and down by 8.1% YoY. And in January-July the crude output total

September 13, 2016

Crude oil market was at the turning point of short-supply

The CEO of British Petroleum company’s the Eastern Hemisphere supplying and trading business department Andy Milnes said on September 5th that the crude oil market was at the turning point

September 13, 2016

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