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Shandong teapots run rate picked up to 48.05%

According to JYD statistics from 36 Shandong teapots, up to May 6th, CDU run rate climbed up 4.74% to 48.05% WoW amid CDU restarting of Binyang Chemistry for 1 million mt/yr.

May 07, 2015

Yamal LPG project is to be launched in 2017

China has been said to participate in the fundraising of a LPG project in Russia. Chinese bank will invest $1.35 million to the construction of a LPG plant in Yamal peninsula. Whether India

May 07, 2015

Guangzhou Petrochemical cancelled preferential policy to contractors

It is said that Sinopec Guangzhou Branch (Guangzhou Petrochemical) will formally cancel its preferential policy to its LPG contractors and carry out the same listing price and closing price

May 07, 2015

The added value of oil and chemical industry gained 7.8% in the first quarter

The situation of industrial economic operation in the first quarter report released by CPCIF indicated that the economic operation of oil and chemical industry kept steady. Added value gaine

May 06, 2015

Shale gas subsidy will be continued during the 13th Five-Year-Plan

According to China Ministry of Finance, during the 13th Five-Year-Plan period, the government will continue to implement the policies for shale gas subsidy in order to speed up shale gas dev

May 06, 2015

Bunker market was still bleak for worrying about port’s handling capacity

China cargo handling capacity of ports above designated size in March settled at 920,850,000 mt, up by 114,940,000 mt MoM, or 14.3%, down by 8,310,000 mt, or by 0.9% YoY, according to the da

May 05, 2015

Putin ratifies east-route gas pipeline agreement with China

Russian President Vladimir Putin on Saturday ratified a gas supply agreement with China via the so-called Eastern route.

May 05, 2015

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