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PetroChina Dushanzi begins constructing Phase-II Tarim Ethylene Project

Guangzhou (JLC), August 11, 2023 – PetroChina Dushanzi Petrochemical’s Phase-II Tarim Ethylene Project (1.2 million mt/yr) in Korla, Xinjiang Uygur Autonomous Region entered full construction phase.

08-11-2023 18:50:43

CSPC starts construction of phase-III ethylene project

?Shandong (JLC), May 23, 2023--CNOOC and Shell Petrochemicals (CSPC) held the construction commencement ceremony of its phase-III ethylene project at Huizhou Daya Bay, Guangdong Province on May 19, ma

05-23-2023 17:05:19

CSPC signs investment agreement for phase-III ethylene project

?Shandong (JLC), March 30, 2023--A preliminary investment agreement for CNOOC and Shell Petrochemical Company (CSPC) Huizhou phase-III ethylene project was signed in Beijing on March 27, marking the c

03-30-2023 16:08:13

ZPC scheduled to bring online phase-III ethylene unit this year

?Shandong (JLC), March 21, 2023--Private Zhejiang Petroleum and Chemical (ZPC) is scheduled to put its phase-III ethylene unit, with a capacity of 1.4 million mt/yr into operation this year, market so

03-21-2023 17:33:21

CSPC signs phase-III ethylene project

Shandong (JLC), September 20, 2022--CNOOC and Shell Petrochemicals Company (CSPC) completed a cloud sign about its phase-III ehtylene project in China and Britain on September 13, marking the beginnin

09-20-2022 15:16:00

Wanhua gains approval to build phase-II ethylene project

?Shandong (JLC), August 25, 2022--Wanhua in Yantai, Shandong gained an approval for the construction of its phase-II ethylene project and downstream projects from Shandong Development and Reform Commi

08-25-2022 15:43:51

China methanol market focuses TOP 10 (II)

China methanol market focuses TOP 10

11-24-2021 17:33:34

Highlights in China styrene industry in 1H 2021 (Part II)

Shandong (JLC), July 12, 2021--In the first half of 2021, China’s styrene market underwent huge changes. The following summarized the events of China’s styrene industry in 1H 2021:

07-12-2021 17:01:01

China NPK compound fertilizer import & export analysis in Mar (Part II)

Shandong (JLC), April 27, 2021--According to data from general Administration of Customs of PRC, China imported 106,375.81 mt of NPK compound fertilizer and exported 75,871.94 mt in March.

04-27-2021 15:24:22

Yisheng Petrochemical’s phase II project to be constructed

On September 13, two PET (polyester bottle chips) production units that have just been put into operation this year at Hainan Yisheng Petrochemical are in full capacity. At the beginning of 2021, the office building here will be demolished to make room for the construction of phase II project.

09-15-2020 16:39:17

Operating rates of toluene and MX units to decline on persistent profit losses (Part II)

Shandong (JLC), August 25, 2020--Toluene and MX producers will stabilize their unit operating rates in the short run, but if the profits losses and sales pressure exist for a long time, producers may cut unit operating rates and increase their self-use, decreasing the market supply as a result.

08-25-2020 09:43:26

China adipic acid import and export analysis in H1 2020 (Part II)

Shandong (JLC), August 12, 2020--China’s adipic acid imports and exports both slipped in the first half of 2020 as the worldwide outbreak of COVID-19 dampened the export and the oversupply in China resulted in the decrease in imports.

08-12-2020 14:20:13

Styrene supply-demand analysis in H1 2020 (Part II)

Shandong (JLC), July 30, 2020--On background of the economic turmoil, chance and challenges coexisted in styrene industry with Zhejiang Petroleum & Chemical Hengli Petrochemical together putting into production. Styrene supply-demand analysis in the first quarter of 2020 was as follows:

07-30-2020 16:55:50

Benzene prices move down as a whole in H1, 2020 (Part II)

Shandong (JLC), July 9, 2020--China’s benzene market price fell dramatically at first and then rallied somewhat in the first half of 2020, low as a whole, as the COVID-19 outbreak triggered a series influences on crude, fundamentals and industrial chain.

07-09-2020 16:31:21

KoRuhr starts construction of phase II acrylonitrile project

Shandong (JLC), May 26, 2020--Shandong KoRuhr Chemical declared the construction of its phase II acrylonitrile unit with a capacity of 130,000 mt/yr in the morning of May 22, sources from the company said.

05-26-2020 15:39:50

Styrene oversupply inevitable (Part II)

Shandong (JLC), May 20, 2020--At present, the styrene market price mainly traced the cost and stocks fluctuation, and the oversupply situation was inevitable as the styrene supply gained obviously amid the rising unit operating rates, despite the relatively healthy downstream demand.

05-20-2020 17:43:37

Butanone export analysis in Q1 (Part II)

Shandong (JLC), April 27, 2020--In the first quarter of 2020, China exported 59,911 mt of butanone, down 12.84% year on year (YoY). The export volume was $62.67 million. Particularly, the export volume in March reached 44,728 mt, recording the highest monthly export volume in recent years.

04-27-2020 16:08:29

Market status of styrene and key downstream industries in Q1 2020 (Part III)

Shandong (JLC), April 8, 2020--China’s styrene market was oversupplied though producers maintained low unit operating rates in the first quarter of 2020 and the key downstream industries in addition to EPS and SBR basically saw slower restarts from previous years.

04-08-2020 16:50:24

Market status of styrene and key downstream industries in Q1 2020 (Part II)

Shandong (JLC), April 8, 2020--China’s styrene market was oversupplied though producers maintained low unit operating rates in the first quarter of 2020 and the key downstream industries in addition to EPS and SBR basically saw slower restarts from previous years.

04-08-2020 16:45:45

China’s acrylonitrile prices stable after dropping over Mar 6-12 (Part II)

Shandong (JLC), March 13 , 2020--China’s acrylonitrile market prices stabilized after dropping in the week ended March 12 in lack of cost and demand supports.

03-13-2020 17:26:40

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