The first set of toluene and methanol methylation unit successfully completed its industrial test run at Sinopec Yangzi Petrochemical Company on December 27, 2012. The results proved the technology’s feasibility and the high ...
Tags: Sinopec, toluene, methanol, xylene feedstock
China Petroleum and Chemical Corp, or Sinopec, raised its ex-works price for polypropylene in East China by Yuan 100 ($15.90), or 0.9%, to Yuan 11,100/mt Monday, industry sources said. On an import parity basis, the new price is ...
Tags: China, Sinopec, price, polypropylene
China Petroleum and Chemical Corp., or Sinopec, raised its ex-works price for polypropylene in East China by Yuan 200/mt ($31.80/mt), or 1.9%, to Yuan 11,000/mt Friday, a company source said. On an import parity basis, the new price is ...
Tags: Sinopec, PP, polypropylene, PP price
Reuters quoted Concord Energy saying that an oil storage terminal being built in the UAE port of Fujairah by Singapore based Concord Energy and a subsidiary of China's Sinopec is expected to start operations by late next year. Asia's ...
Tags: Oil Storage, Oil, Energy, oil products
THE Sinopec Group, the world's fifth largest oil company said that it will jointly study shale gas development with ConocoPhilips in southwest China's Sichuan Basin over the next two years. A statement from Sinopec said the Sinopec ...
Tags: THE Sinopec Group, oil industry, shale gas, ConocoPhilips
BASF has begun production of chemicals for water treatment and paper manufacturing at the Nanjing Chemical Industry Park in Nanjing, China. BASF adds that these wholly-owned, world-scale production plants for quaternized cationic monomers ...
Tags: BASF, chemicals production, water treatment, paper manufacturing
Government auctions of oil and natural gas exploration rights in Western Canada have fallen to some of their lowest levels in the last 15 years and hopes of a recovery in 2013 hinge on operators making a breakthrough in new liquids-rich ...
Tags: oil, natural gas, barometer, industry confidence
China's crude imports from South America and the Caspian region rose by 18% and 20% year on year respectively in the first eleven months of 2012, according to data released by the General Administration of Customs. The imports from ...
Most Chinese takeovers in the resource sector do not pose a threat to national security, says the author of a new report on Chinese investment in Canada. Theodore Moran, a professor of international business at Georgetown University, says ...
Tags: resource sector, investment, Direct Investment, mining, oilsands
China Petroleum and Chemical Corp., or Sinopec, raised its ex-works price of orthoxylene in East China by 1.8% effective Tuesday, industry sources said Thursday. Yangzi-BASF and Sinopec Zhenhai -- the company's subsidiaries in East China ...
Tags: China Petroleum and Chemical Corp, orthoxylene, raised ex-works price, OX
Asian aromatics hit all-time highs this week on shrinking supplies and rising feedstock costs. Toluene and styrene monomer spot prices set new records Wednesday, assessed at $1,388.50/mt FOB Korea and $1,674/mt FOB Korea respectively while ...
Tags: Asian Aromatics, Chemicals, Tight Supply, Speculation
The officials in the eastern Chinese city of Ningbo have halted the planned expansion of paraxylene (PX) production plant, owned by China Petroleum & Chemical Corp., known as Sinopec Group, after protests over the weekend. The ...
Tags: Sinopec, expansion of paraxylene, protests
China's Panjin Ethylene Industry Corp. raised its butadiene offers by Yuan 300($48)/mt, or about 3%, to Yuan 11,310/mt ex-tank, effective Monday, local end-users said. This is PEIC's first price hike after slashing prices on five ...
Tags: PEIC, butadiene prices, Chemical Industry
An oil field off the Nigerian coast with substantial reserves and potential risks has become the latest foreign prize scooped up as part of China Petrochemical Corp.'s African expansion campaign. The state owned oil gorilla better known ...
Tags: oil field, oil, China Petrochemical Corp, oil industry
Winter demand for natural gas in Shanghai is expected to rise by 50% year on year to nearly 30 million cubic meters/day (1.06 Bcf/day), Chinese state company PetroChina said Thursday. The company said the increase is due to rising gas ...
Tags: demand for natural gas, rising gas demand, seasonal consumption