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Popularity for CTO in the “13th Five-year Plan” period

The fever for modern coal chemical projects in the past two years is now cooling down.

12-16-2015 17:28:15

China LDPE/LLDPE market review for 2015

Compared with high price in H1 2014 and fluctuation market in H2 2014, China PE market in 2015 presented fierce fluctuation with a price nosedive amid tepid transactions and wait-and-see attitudes.

12-10-2015 17:57:20

Overview of 2015 China LLDPE Futures

Since the end of December 2014, China LLDPE futures went into an upward channel. This tendency has expanded in 2015 despite two narrow fallbacks.

12-10-2015 17:35:05

Intensive overhauls failed to press down PE output

Run rats of China PE units in 2014 presented a W-shape, ranging around 72%-85%. Output trend of LDPE/ LLDPE nearly replicated the run rate trend while output of HDPE remained steadily unchanged. However, China saw a V-shape run rate of PE industry in 2015, hovering around 69%-89%.

12-10-2015 17:12:25

Chemical market tends to hit the bottom despite relieved pressure

Recently, crude price went through a short-term growth, helping to relieve the pressure upon chemical market for a potential decrease. However, the market tends to hit the bottom.

12-03-2015 17:31:28

No large-scale petrochemical project to be built in Gulf area

According to Arab Times on November 22th, an independent analyst from oil industry in Kuwait predicted that no large-scale petrochemical projects would be built in Gulf area.

11-25-2015 17:46:47

Costing standard of greenhouse gas emission for chemical industry

Not too long ago, China Standardization Administration approved and delivered 11 national standards.

11-25-2015 17:37:21

Global petrochemical layoff broke through 250,000

According to Dow Jones on November 20th, a company located in Huston has tracked layoff of oil and gas industries since oil price moved up.

11-25-2015 17:20:48

New Elastollan Grade for food contact applications

From January 2016, BASF will expand its Elastollan portfolio (TPU, thermoplastic polyurethane) to include special Food Contact (FC) grades which are suitable for use in applications involving contact with food.

11-24-2015 16:37:40

Wanhua Chemical announces cooperation with Sapici (S.P.A)

Wanhua Chemical Group announced a distribution and tolling cooperation for aliphatic poly-isocyanates with Sapici (S.P.A).

11-20-2015 14:24:49

Propylene oxide products based on HPPO process allowed to export

Propylene oxide products based on HPPO process are allowed to export via processing trade business, but products based on other technologies are still forbidden, according to an announcement published by the ministry of commerce and the general administration of customs.

11-18-2015 15:41:57

Tight spot propylene in South Korea due to low run rate

Based on unsatisfactory profitability, spread between propane and ethylene and propylene was narrow. Recently, the run rates of some plants in South Korea were lowered, resulting in tight supply of spot propylene.

11-17-2015 16:22:55

Chemical export earnings from gulf area hit a historical record

According to a latest industrial report delivered by Gulf Petrochemical and Chemical Association (GPCA), petrochemical companies in the Gulf Cooperation Councilexported 17.2 million mt of chemicals in 2014, with a value at $62 billion, hitting a record high.

11-17-2015 09:57:01

A 9.5% growth of added value of chemical feedstock and product in October

According to data delivered by the National Bureau of Statistics, in October, industrial added value of enterprises above certain scale increased by 5.6% on-year, up by 0.46% than in September.

11-13-2015 17:05:51

Vacancy filling of petrochemical standards harvested primary effects

This years’s meeting for quality standardization of oil and chemical industries was held recently.

11-12-2015 17:45:41

China September PPI dropped by 5.9% on-year

According to the data delivered by the State Statistics Bureau on October 14th, in September of 2015, China Producer Price Index (PPI) dropped by 0.4% on-month and by 5.9% on-year. The average PPI from January to September 2015 dropped by 5.0%.

10-16-2015 17:32:41

Bulk commodity prices are hopeful to recovery in September

In August 2015, MoM price drops of over 5% focused on benzene (-22.88%), glycol (-10.66%) and methanol (-10.34%).

09-10-2015 09:21:52

Wide difference between CPI and PPI

According to price data of commodities of July, CPI increased by 1.6% on-year, reaching the peak within this year.

08-26-2015 08:56:55

China Chemical Product Daily Price (Aug 24th 2015)

08-25-2015 14:44:44

PE price fell due to unfavorable cost and demand conditions

It is shown from the end of the chart above that China naphtha and ethylene monomer prices has fallen sharply since September last year.

01-28-2015 15:50:40

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