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Benzene market gained support from downstream profits in a short term

Theoretically, it’s seen from above that the downstream products could still gain sufficient profits, which indicates that their production demands would be maintained in a short term and

March 31, 2016

CNOOC & Shell are expanding Nanhai Petchem

On March 22nd, CNOOC and Shell signed the agreement on expansion of CNOOC and Shell Petrochemical Company (CSPC), and each owns 50% stake in CSPC.

March 22, 2016

Shenhua coal-to-oil project faces losses if the crude sustains low

Shenhua Ningxia Coal Group coal chemical center director Luo Chuntao said during Beijing’s two sessions, Shenhua coal to oil project with 4 million mt/yr has already totally completed inve

March 14, 2016

Hebei Yihong's 15 mln mt/yr of CDU & 3 mln mt/yr of PX project

Hebei Yihong Petchem invested 40 billion yuan on construction refining projects with CDU capacity of 15 million mt/yr, locating in Tangshan City Caofeidian Chemical Industrial Park, with 306

March 09, 2016

Sinopec's 600,000 mt/yr CTO project denied in EIA

On March 1st, 2016, the Ministry of Environmental Protection officially released a notice about not granting environmental impact statement to Sinopec Changcheng Energy Chemical (Guizhou) Co

March 03, 2016

YPC started construction on PDH project

Reportedly, Yangzi Petrochemical Company (YPC), located in Zhangjiagang, Jiangsu province and jointly invested by Donghua Energy, Feixiang Chemical and Huachang Chemical, started constructio

February 25, 2016

Overview on polyolefin inventory in 2015 and 2016

Entering 2015, the market price of polyolefin declined sharply, so amid the sluggish market activity, the inventory sustained upward. After New Year’s Day, the inventory surpassed 0.9 mill

January 28, 2016

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