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China's Apparent Oil Demand Posts Fastest Growth

Feb 2, 2016

China's apparent oil demand in 2015 grew 5.8% year on year to 11.11 million b/d, the fastest pace since 2011, despite the country's economy growing at the slowest rate since 1990, Platts calculations based on recently released official data ...

Tags: oil demand, fuel oil

Shandong Teapot Refiners to Ramp up Crude Imports

Nov 23, 2015

Some independent teapot refiners in China's eastern Shandong province will be ramping up crude oil imports over the next month in a bid to utilize their import quotas before the end of the year, trade sources said this week. This is ...

Tags: Teapot Refiners, crude oil

China's Appetite for Imported Naphtha Has Grown

May 31, 2015

China's appetite for imported naphtha has grown since the start of the year on the back of strong demand from petrochemical producers, market sources and traders said this week Imports of the petrochemical feedstock over January-April ...

Tags: Imported Naphtha, Naphtha

Frost & Sullivan Gives Award for Mettler Toledo TDL

Apr 1, 2015

Based on its recent analysis of the process tunable diode laser (TDL) analyzers market, Frost & Sullivan recognizes Mettler-Toledo AG with the 2014 Global Frost & Sullivan Award for Competitive Strategy Innovation & Leadership. ...

Tags: TDL, GPro 500, Construction

Equate Has Successfully Completed Turnaround of Its Plants

Jan 9, 2015

Kuwait-based Equate Petrochemical Company said it has successfully completed turnaround of its plants and also the first phase of the polyethylene plant debottlenecking project. As part of the exercise, all units were shutdown from ...

Tags: ethylene, polyethylene, ethylene glycol, Textile

China LPG Prices Rebound 11-22% on Stronger Demand

Dec 29, 2014

The prices of both imported and domestically produced LPG rebounded in East and South China this week, after falling 21-34% over the previous five weeks, supported by increasing demand and improving sentiment, trade sources said Friday, ...

Tags: LPG, LNG, Mineral

LPG Prices Plunge for 2nd Week Slump,Weak Demand

Dec 15, 2014

Prices of both imported and domestically-produced LPG fell another 9-12% in China this week after sliding 10-13% last week amid lower Asian LPG values and weaker demand from the petrochemical sector, trade sources said Friday, December 12. ...

Tags: Propane, LPG

Carbon Holdings to Set up a Petrochemical Project Named Tahir

Sep 25, 2014

Carbon Holdings, a company based in Egypt, engaged in developing petrochemical plants and projects, is planning to set up a petrochemical project named Tahir, at a cost of US$ 7 billion, in Ain Sokhna town in Egypt, ahram online reported. ...

Tags: Carbon Holdings, Petrochemical Plant, Textile

The Methanol Plant Is Being Set up by Quantum Petrochemical Company

Aug 27, 2014

Nigerian President Goodluck Jonathan performed the groundbreaking ceremony for the construction of a methanol plant in Ibom State last week. The methanol plant, to be constructed at a cost of US$ 1.5 billion, is being set up by Quantum ...

Tags: The Methanol Plant, Quantum Petrochemical Company, Textile

The Taiwanese Government Is Mulling a Proposal to Set up a Special Zone

Aug 19, 2014

In the wake of deadly gas pipeline explosions that rocked Kaohsiung in the last week of July, the Taiwanese Government is mulling a proposal to set up a special zone for petrochemical companies in Greater Kaohsiung. Premier Jiang Yi-huah ...

Tags: Mulls, Taiwan, Textile

The Kavian Petrochemical Plant in Iran Can Quadruple Its Output

Aug 12, 2014

The Kavian petrochemical plant in Iran can quadruple its output and increase it to two million tons per annum after it receives sufficient feedstock from South Pars gas field, FARS News Agency reported quoting the Ministry of Petroleum. ...

Tags: Iran, Plant, Textile

LPG Prices Were Mixed in East China This Week

Aug 11, 2014

LPG prices were mixed in East China this week, rising in Jiangsu province and falling in both Shanghai and Zhejiang province, trade sources in the regions said Friday. Propane-rich imported LPG was heard traded at Yuan 5,900-6,000/mt ...

Tags: LPG Prices, Refinery, LPG

The Government of Iran Has Issued Instructions to Oil Refineries and Petrochemical Units

Jul 30, 2014

The Government of Iran has issued instructions to oil refineries and petrochemical units to not to reduce their feedstock supply to downstream petrochemical units, reports Shana. The order issued by Iran’s Minister of Petroleum ...

Tags: Oil Refineries, Petrochemical units

Linde and BASF Intended to Cooperate for on-Purpose Production

Jun 6, 2014

The Linde Group and BASF SE intended to cooperate in developing and licensing processes for the on-purpose production of linear butenes and butadiene. BASF has developed process technology and catalysts as well as the extraction ...

Tags: Butadiene, BASF

ADT Plans to Build a New Packaging Facility for Plastics Solutions Provider Borouge

Jun 4, 2014

Abu Dhabi Terminals (ADT) is set to build a new packaging facility for plastics solutions provider Borouge as part of a contract. The contract was signed by Abu Dhabi Polymers Company (Borouge) CEO Abdulaziz Alhajri and ADT CEO Martijn ...

Tags: Packaging Facility, ADT

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