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Independents’ refining margins for imported crude continue to grow

Guangzhou (JLC), March 13, 2025--Shandong-based independents’ refining margins for imported crude continued to grow in mid-March, buoyed by dropping crude costs, despite lower sales revenue.

03-13-2025 14:39:21

Shandong independents’ run rates extend rises as margins improve

Gua?ngzhou (JLC), March 12, 2025--Shandong independent refiners’ operating rates extended rises in the week ending March 12, as their refining margins improved.

03-12-2025 18:53:45

Sinopec Beihai to trial 50,000-dwt terminal in September

Guangzhou (JLC), March 12, 2025--Sinopec Beihai Refining & Chemical plans to put its 50,000-dwt petrochemical terminal project into trial operation in September 2025, Guangxi Daily reported.

03-12-2025 18:43:12

China’s PC market falls on weak fundamentals and tepid feedstock support

Shandong (JLC), March 12, 2025—China’s PC market fluctuated downward on the whole since July 2024, despite pickups at times, amid the tepid feedstock BPA support, along with PC’s weakening supply-dema

03-12-2025 14:16:52

Styrene unit operating rate keeps high in Feb amid fewer overhauls

Shandong (JLC), March 11, 2025—Domestic styrene industry operating rates remained high amid falling maintenance, while styrene output edged down in view of fewer natural days in February.

03-11-2025 16:34:33

Shandong independents' run rates extend falls in February

Guangzhou (JLC), March 6, 2025--Shandong-based independent refiners' operating rates moved lower in February because of two refinery turnarounds and maintenance at one crude distillation unit (CDU).

03-06-2025 13:51:05

Independents’ crude refining margins surge as costs decrease

Guangzhou (JLC), March 6, 2025--Shandong-based independents’ crude refining margins surged in early March, driven up by a further decrease in crude costs, despite lower sales revenue.

03-06-2025 11:55:14

Shandong independents' run rates rally after eleven weeks of drops

Guangzhou (JLC), March 5, 2025--Shandong independent refiners' operating rates rallied in early March, after dropping for eleven consecutive weeks, as two refiners wrap?ped up maintenance.

03-05-2025 19:12:25

China MX supply keeps rising in 2024

?Shandong (JLC), March 4, 2025--China MX supply extended an uptrend in the previous year, as MX capacity, output together with imports moved upward.

03-04-2025 09:05:01

Huaihe Energy Gas Group completes LNG refueling by replacing fuel tanks

Beijing (JLC), February 28, 2025--Huaihe Energy Gas Group successfully refueled an LNG-powered ship named “Wan Bang Hai Yun 01” at the No.4 berth of Wuhu Yangtze LNG inland terminal.

02-28-2025 14:09:49

LNG container vessel “KOTA EBONY” departs from Shanghai

Shandong (JLC), February 28, 2025--The 14,000 TEU LNG dual-fuel container ship, “KOTA EBONY”, set sail from Changxing Island, Shanghai on February 26, according to local media.

02-28-2025 09:56:51

China PP prices keep range-bound in Feb

02-27-2025 18:12:33

Independents’ crude refining margins slip further

Guangzhou (JLC), February 27, 2025--Shandong-based independents’ crude refining margins slipped further in late February, squeezed by falling sales revenue, despite slightly lower costs.

02-27-2025 11:40:30

Shandong independents' run rates drop for 11 weeks in a row

Guangzhou (JLC), February 26, 2025--Shandong independent refiners' operating rates declined again in the week ending February 26, the 11th week in a row, after another refiner began maintenance.

02-26-2025 18:18:48

Independents’ refining margins for imported crude retreat

Guangzhou (JLC), February 20, 2025--Shandong-based independents’ refining margins for imported crude retreated in the week to February 19, due to a decrease in their sales revenue, despite a modest de

02-20-2025 14:02:34

Shandong independents' run rates drop further in mid-February

Guangzhou (JLC), February 19, 2025--Shandong independent refiners' operating rates extended drops in the week ending February 19, as another refiner shut one of its CDUs for maintenance.

02-19-2025 18:45:54

Chinese oil companies to keep largely stable exports of clean oil products in February

Guangzhou (JLC), February 14, 2025--Chinese oil companies plan to keep their exports of clean oil products (gasoline, diesel and jet fuel) largely stable in February 2025.

02-14-2025 17:09:41

Shandong independents unload less imported crude in January

G?uangzhou (JLC), February 13, 2025--Shandong-based independent refiners unloaded less imported crude oil in January, in part because of the Chinese New Year holiday that began late in the month.

02-13-2025 18:45:46

Independents’ crude refining margins soar in mid-Feb

Guangzhou (JLC), February 13, 2025--Shandong-based independents’ crude refining margins soared rapidly in mid-February, driven by declines in crude costs and increases in their sales revenue.

02-13-2025 14:19:06

Shandong independents' run rates extend drops on maintenance

Guangzhou (JLC), February 12, 2025--Shandong independent refiners' operating rates extended drops in the week ending February 12, due to more refinery maintenance and tightening feedstock supply.

02-12-2025 18:32:38

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