Informatization should become a main power to sustain and boost petrochemical industry towards a mid-to-high level, Sinopec Chairman Wang Yupu said at the Sinopec informatization leading group plenary session recently. He demanded to ...
Operating loss figures were splashed in red in the results for the second-quarter of 2014 ending June 2014 at SK Innovation, South Korea’s foremost and world’s leading energy and petrochemical company. In the period April to ...
Tags: Red, SK Innovation, Textile
Indonesia's state-owned oil and gas firm PT Pertamina aspires its net-profit to rise by 12.79 percent to 3.44 billion U.S. dollar next year as the revenue from downstream and upstream business spheres pick up, a statement from the company ...
Tags: State-Owned Oil, Energy
PTT Global Chemical revealed its operating performance in the third quarter of 2013, which showed increasing profits even againt the impact of three major events which had placed constraints on its operations, the incidents included an oil ...
Tags: PTT Global Chemical, Textile
Alexey Miller, Gazprom’s Chairman of the Management Committee, and Dmitry Konov, SIBUR’s CEO, signed Memorandum of Cooperation in the gas processing project in Far East that envisages construction of a gas processing plant (GPP) ...
Tags: Gazprom, Future Project
Indonesia's state-owned oil and gas company Pertamina has signed sales and purchase agreements with PTT Polymer Marketing, a unit of Thailand's PTT Global Chemical, for polyethylene and polypropylene products, a Pertamina official said ...
To be able to withstand the challenge from low priced petrochemicals from the US in future, Asia’s biggest retailer, Sinopec Corp, earlier called China Petroleum and Chemical Corp, is gearing up to reduce its petrochemical production ...
Reliance Industries Ltd (RIL) is planning to invest Rs. 434.48 billion (about US$ 8 billion) in petrochemical projects over the next four years. The petrochemical investment is part of the about US$ 27 billion investment planned by ...
Tags: RIL, Petrochemical Projects, Textile
Sumitomo Chemical has decided that it will close down an ethylene plant at its Chiba Works located in Ichihara, Chiba, Japan, in or before September 2015 when the next periodic shutdown maintenance will take place, to reinforce the ...
Japanese petrochemical majors are scouting overseas countries to set up petrochemical plants either on the own or in joint ventures. Big petrochemical companies like Sumitomo, Asahi Kasei, Mitsui & Co, Mitsubishi Chemicals and Ube ...