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China unveils progress in “super catalytic cracking” technology

Guangzhou (JLC), March 21, 2024 – Shandong-based independent refiner Dongming Petrochemical announced on Tuesday that progress was made in its “UPC” catalytic cracking technology that can directly con

03-21-2024 19:11:24

Sinopec's ZRCC starts up 4mln mt/yr hydrocracking unit

Beijing (JLC), November 24, 2021--China’s oil giant Sinopec said Monday that its Zhenhai Refining and Chemical Company (ZRCC) had put a new hydrocracking unit into operation.

11-24-2021 11:51:06

Daqing Lianyi Petrochemical to put heavy oil catalytic cracking unit online in 2020

Beijing (JLC), July 17, 2019--Heilongjiang Longyou Petrochemical, a wholly-owned subsidiary of Daqing Lianyi Petrochemical, is expected to put its 5.5 million mt/yr heavy oil catalytic cracking unit, as well as a 950,000 mt/yr polyolefin unit online in 2020.

07-17-2019 17:38:41

Gulei Petrochemical to construct cracking unit

Beijing (JLC), June 19, 2019--Fujian Gulei Petrochemical Co started the construction of its steam cracker on June 10, 2019.

06-19-2019 17:34:16

Hengli Petrochemical to start hydrocracking unit

Beijing (JLC), April 3, 2019--Independent Hengli Petrochemical’s residual oil hydrocracking unit with a capacity of 3.2 million mt/yr was put into operation on March 31, 2019, market source said.

04-03-2019 16:51:26

Sinopec Jinling to built 2.4 mln mt of hydrocracking unit

China Petroleum & Chemical Corp. (Sinopec) Jinling Petrochemical plans to built a new hydrocracking unit with 2.4 million mt/yr and plans to be completed in 2020.

12-05-2018 18:03:42

Cracking C5 prices rose amid stable run rates

Beijing (JLC), August 15, 2018--Cracking C5 prices grew amid refiners’ stable operating rates, according to JLC.

08-15-2018 12:42:44

Cracking C5 prices stable amid weak downstream market

Cracking C5 prices remained stable temporarily because of weak downstream market.

07-30-2018 10:03:54

Satellite Petrochemical aims at ethane cracking

In September 2017, Zhejiang Satellite Petrochemical signed Cooperation Framework Agreement on 4 million mt/yr Olefin Comprehensive Utilization Industrial Park with Administrative Committee of Lianyungang Xuwei New District.

02-12-2018 16:03:20

Cracking C5 prices stable on high run rate

According to JLC's monitoring on 12 state-owned refineries, C5 plant run rate in the week ended January 12th read 82.81%, unchanged week on week. Ethylene unit run rate remained high.

01-15-2018 09:53:32

Cracking C5 price hard to rise despite high cost

Crude oil price picked up and China oil product market boomed since October. Following this, the cracking C5-relevant products gained big changes in prices. Cracking C5 prices are not likely to fall in the short run as gasoline prices stayed high and naphtha prices rose.

01-11-2018 18:09:01

Cracking C9 price to level off despite tight supply

Cracking C9 prevailing prices were CNY4,200-4,450/mt in the first working week of 2018, up CNY700-900/mt from the price CNY3,250-3,700/mt in the same period of 2017.

01-11-2018 16:56:01

Cracking C5 mainstream price rose to CNY5,200/mt

C5 petroleum resin price began to rise sporadically in mid-December. Separating products such as refined C5, however, recorded flat sales despite high price.

12-14-2017 17:07:32

Cracking C9 price kept rising though naphtha price fell

Due to US fuel oil inventory decline, Nigerian strike and China crude import increase, international crude futures prices remained high in mid-December. C9 market gained limited upward momentum amid flat gasoline price. Meanwhile, China cracking C9 market saw bearish news from lower naphtha price.

12-12-2017 15:19:29

Feedstock adjustment of cracking units is expected to increase LPG supply

Cracking feedstock of some refineries in China, Japan and South Korea was switched between naphtha and LPG according to the economic performance.

11-27-2017 11:15:35

Cracking C5 price kept rising amid booming C5 industry

According to JLC's monitoring on 12 major state-owned refineries, their C5 plant run rate leveled off at 27% in the week ended November 24th.

11-24-2017 17:16:55

Cracking C5 price rose to over CNY5,000/mt

C5 market was still booming even after mid-November. Cracking C5 prices in North China and South China climbed again recently due to tight supply and high price of naphtha. C5 downstream separating product price remained high with feedstock price rising.

11-23-2017 12:04:24

Ethane cracking projects are being developed rapidly

On November 9th, under joint witness of Xi Jinping, President of People’s Republic of China and Donald Trump, President of the United States, Nanshan Group signed contract with American Ethane Company about importing ethane from US, the first contract about China importing ethane from the US.

11-21-2017 17:58:57

Cracking C5 price continued to rise amid tight supply

According to JLC's monitoring on 12 major state-owned refineries, their C5 plant run rate leveled off at 27% in the week ended November 17th.

11-20-2017 14:59:47

Cracking C9 market saw bearish future amid weak downstream demand

According to JLC, as of October 24th, cracking C9 mainstream offer was CNY3,600-3,800/mt in China, almost unchanged from early October.

10-25-2017 13:50:35

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