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Sabic plans petrochemical bases in Caofeidian

Recently, Sabic signed a 6 billion trade with Hongkong Huatong Investment Corporation, Ltd. on a project about refining and chemicals in Caofeidian Tangshan Port.

June 24, 2016

Deep processing market enters sluggish period

Profit of olefin deep processing unit in June 17th-June 23rd moved up from a week ago and sales of plants also turned better. According to JYD, profit of alkylation unit averaged CNY277,6/mt

June 24, 2016

How to deal with high-volume and low-profit import LPG? (Part two)

Compared with previous years, profit of LPG trade has dropped to record low level. Relying on self-owned wharfs and freezers, domestic terminals purchase and distribute imported LPG.

June 24, 2016

Japan's Itochu joins hands with China's CITIC on oil and gas development

Japan's trading house Itochu Corporation has decided to cooprate with a Chinese oilfield operator on oil and gas exploration and production, local media reported Thursday.

June 24, 2016

How to deal with high-volume and low-profit import LPG? (Part one)

LPG price in China market drops significantly. After explosive growth in 2015, imported LPG gets no new development.

June 24, 2016

China's trade with Belt and Road countries surpasses $1 trillion in 2015

China's trade with countries participating in the Belt and Road Initiative surpassed $1 trillion in 2015, accounting for a quarter of its total foreign trade, Chinese President Xi Jinping sa

June 24, 2016

What Brexit would mean for Asia's economy

While a United Kingdom exit from the European Union would almost certainly cause turmoil in Europe, its effects on Asian economies including China, the region's largest, may be much more ben

June 24, 2016

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