Sinochem articles & resources on Made-in-China.com

China to Restrict Oil Product Exports in H1 2017

Mar 31, 2017

China is highly likely to restrict oil product exports in the first half of 2017 to flat or below H1 2016 levels amid growing focus on pollution control, curbing excess capacity and international trade flows, sources with knowledge of the ...

Tags: Oil Product, Crude Oil

Beijing Expected to End Oil Product Export Quotas

Dec 7, 2016

China's independent refineries likely have to rely on state-owned trading companies to export oil products in 2017 as Beijing is likely to stop awarding them quotas to export directly, informed sources said Friday. "It [stopping awarding ...

Tags: Oil Product, Refiners

China Issues 20.93 Mil Mt Product Export Quota

Jan 6, 2016

China has more than doubled its first round oil product export quotas to 20.93 million mt from a year ago to 27 refineries in 2016, industry sources told Platts Tuesday. It contrasted to the 9.75 million mt released for the same period ...

Tags: oil product, gasoline

China's Crude Stocks Continued to Grow in October

Nov 14, 2015

China's crude stocks continued to grow for the fifth straight month in October, despite a month-on-month drop in net imports, output and slight rise in throughput, Platts calculations based on recently released official data showed. Crude ...

Tags: crude stock, crude oil

China Imports The Gasoil to Better Margins

Nov 7, 2014

A combination of low inventories and refinery maintenance could be spurring some Chinese state-owned companies to seek gasoil imports for the fourth quarter, sources said this week. Though market sources said that state-owned trader ...

Tags: Gasoil, sulfur gasoil, crude oil

Sinochem Quanzhou 12 million MT/a refining project was officially rolled out on July 9th

Aug 12, 2014

With all its 19 units successfully passed the trial run, Sinochem Quanzhou 12 million MT/a refining project (hereinafter referred to as Sinochem Quanzhou refining project), invested solely by Sinochem Group, was officially rolled out on ...

Tags: Sinochem, Project, Textile

Djeno and N'Kossa Are Set to Rise in July to a Total of 7.42 Million Barrels

May 30, 2014

Loading volumes for Republic of Congo's two main crude oil grades -- Djeno and N'Kossa -- are set to rise in July to a total of 7.42 million barrels from 6.47 million barrels in June, according to copies of preliminary loading schedules ...

Tags: Crude Oil, medium-sweet crude

China's State-Owned Refiners Are Raising Planned Crude Runs to Average 82% Capacity

Apr 24, 2014

China's state-owned refiners are raising planned crude runs in April to average 82% capacity, up from 81% in March, Platts monthly survey showed Tuesday. The 23 refineries surveyed plan to process a combined 17.495 million mt (4.275 ...

Tags: Refiners, PetroChina

China's Refinery Crude Throughput Dipped 1%

Mar 18, 2014

China's refinery crude throughput over January and February dipped 1% year on year to 78.78 million mt, or an average of 9.79 million b/d, according to preliminary data from the country's National Bureau of Statistics released Thursday. ...

Tags: Refinery Crude, Chinese refiners, oil product

China Will Re-Introduce an Import Tax on Diesel -- at 1% -- From January 1, 2014

Dec 18, 2013

China will re-introduce an import tax on diesel -- at 1% -- from January 1, 2014, following approval from the State Council, the country's Ministry of Finance said Monday. No reason was given for the change. Diesel had been exempt from ...

Tags: Diesel Tax, Mineral

PTT Global Chemical Revealed Its Operating Performance in The Third Quarter of 2013

Nov 15, 2013

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

China's Crude Oil Imports in October Fell 13.8% Year on Year

Nov 14, 2013

China's crude oil imports in October fell 13.8% year on year to 20.41 million mt or an average 4.83 million b/d, according to preliminary data released by the General Administration of Customs Friday. This is the first time this year that ...

Tags: crude oil imports, Mineral

The Deals Would Mark The First Time Buyers in China Had Secured LPG From Iran

Nov 12, 2013

At least three Chinese companies are in the final stages of negotiations with three LPG producers in Iran for term supply deals for 2014, industry sources said Thursday. The deals would mark the first time buyers in China had secured LPG ...

Tags: LPG Industry, Energy

China's Independent Teapot Refineries in Shandong Province Expanded Their Capacities

Nov 5, 2013

China's independent teapot refineries in eastern Shandong province have significantly expanded their capacities in the last few years ahead of an end-2013 deadline set by the government to eliminate smaller plants. In an effort to cool ...

Tags: Teapot, Fuel Oil, Refineries

China Bought Around 54,000 Mt of Ribbed Smoked Sheet Grade Natural Rubber

Nov 4, 2013

China on Tuesday bought around 54,000 mt of Ribbed Smoked Sheet grade natural rubber from local suppliers for government stockpiles, end-users and industry sources said Wednesday. The rubber was purchased from either three or four ...

Tags: Metallurgy, Mineral, rubber

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