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LDPE coating price rises on tight supply

The price of LDPE coating grade kept rising in January-April, 2024. On April 12, the offers of LDPE coating were CNY11,300-11,500/mt in North China, which were higher than other products significantly

04-18-2024 10:33:19

Coating-grade LDPE prices fall on bearish environment, oversupply

The decline in the coating-grade LDPE price was caused by the bearish macroeconomic environment and the lower import cost.

08-16-2022 17:37:09

Construction of largest coal chemical project suspends on high energy consumption

On July 2, the construction of the world’s largest coal chemical project, a 15 million mt/yr coal-based chemical project (the project) located in Yulin, Shaanxi, was suspended due to the excessive energy consumption.

08-10-2021 17:15:21

ChinaCoal Mengda switches to producing medical-user PP fiber

02-13-2020 23:22:44

LDPE coating prices keep falling

According to the chart, the price of LDPE 1C7A once reached CNY14,000/mt in 2017. Then the price kept falling and decreased to CNY8,350/mt in November 2019. The price falls were caused by the declines in bulk commodities prices, rising output and fiercer market competition.

11-15-2019 10:11:53

Production status of Northwest coal-based PP units

The overall operating rate of coal-based PP units in Northwest China was moderate in end-February. PP units remained normal productions excepted units at Datang Duolun and Pucheng Clean Energy Chemical.

03-05-2019 15:19:53

Production costs of oil-based and coal-based PP

The production cost of oil-based PP was over CNY1,000/mt higher than that of coal-based PP in most of the time.However, it was CNY194/mt lower on December 25.

01-25-2019 17:22:46

The 100,000mt/yr coal-based MEG project at Yanchang Petroleum to start up in June 2019

Up to now, Yanchang Petroleum Refining & Chemical (hereafter refered to as Yanchang Petroleum for short) had finished 80% constrocution work of its 100,000 mt/yr coal-based MEG project.

01-21-2019 16:10:20

Jiutai Energy initiated coal-based copolymer project

Jiutai Energy plans to launch its new 250,000 mt/yr coal-based HDPE/LLDPE unit and 350,000 mt/yr PP unit in Erdos...

01-11-2019 17:09:40

Yulin city started the high-end development of coal chemical industry

In September, the Yulin Municipal Party Committee and the Municipal Government issued the “Combat Plan for Promoting the High-end Development of the Coal Chemical Industry”

01-11-2019 17:04:44

Yangzi Petrochemical successfully developed a polyethylene resin for waterborne coatings

In April 2018, Yangzi Petrochemical successfully produced more than 100 mt of polyethylene resin for waterborne coatings. This is another successful trial production of the company after October of last year.

01-09-2019 17:22:42

Sinopec’s coal-based LD251 enters South China market.

In order to improve the market occupancy rate, Zhongtian Hechuang’s LDPE Plant was put into production successively in 2017.

01-09-2019 17:21:43

Oil-based PP profits bottom, coal-based peak

China coal-based PP profit reached a peak while the oil-based PP profit decreased to a low level.

06-01-2018 14:55:50

Jiangsu plans to close 2077 coating chemical companies

Chemical companies have always been synonymous with “pollution.” Whenever environmental protection is implemented, chemical companies must bear the brunt of it.

05-29-2018 10:21:28

China coal-to-MEG industry faces four major problems

China is the world's largest consumer of MEG, with annual imports exceeding 7 million mt for seven consecutive years. The import volume reached 8.6 million mt in 2018, hitting historical high.

05-24-2018 10:57:41

China coal-based PP to develop further

China coal-based PP industry should improve further and more attention should be paid to upgrading demonstration and technological development.

01-30-2018 09:23:29

Coal-based PP products got more attention along with feedstock diversification

In 2010, Shenhua Baotuo Charcoal Chemical put the first coal-based PP unit into production. This is the beginning of the diversification of PP feedstock.

09-21-2017 17:56:43

The increase of coal-based PE supply is higher than expected amid rising profits

From mid-August to early September, China PE price continued rising and the price increase reached CNY1,200/mt in total.

09-14-2017 13:51:00

Environmental protection supervision brings impact to coal-based PP companies

The strict environmental protection supervision impacted the traditional market trend in 2017. However, according to the market sources, no unit was shut down for the environmental problem before Shenhua Xinjiang Coal Chemical shut the unit down for coal supply shortage.

09-01-2017 10:13:52

Shenhua’s coal-based 2240S began to be used for producing high-end household appliances

On June 9th, the 2240S PP product from Shenhua Ningxia Coal Industry was bought by Midea Group for the first time, indicating the PP 2240S will be used for producing high-end household appliances.

06-14-2017 13:32:27

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