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Zhejiang Energy signs long-term LNG deal with Mexico Pacific

Guangzhou (JLC), July 7, 2023 – Zhejiang Energy International Limited, a subsidiary of state-run Zhenjiang Energy Group, has signed a long-term LNG sales and purchase agreement with Mexico Pacific.

07-07-2023 16:36:41

ZPC achieves on-specification products from 2# ethylene unit

Shandong (JLC), April 22, 2021--Zhejiang Petroleum and Chemical (ZPC) in east China achieved on-specification products from its phase II 2# ethylene unit on April 16, marking the successful start-up at the unit, insiders from the company said.

04-22-2021 13:53:52

CIF Northeast Asia LNG prices hit record low

Beijing (JLC), April 26, 2020--On April 22, the average CIF Northeast Asia LNG prices fell below a new low of $2/MMBtu , and the average offer was $1.999/MMBtu, equivalent to about CNY740/mt, down 11.62% from the previous record low of $2.262/MMBtu, JLC data shows.

04-27-2020 17:22:27

CIF Asia LNG prices fall on weak demand

Beijing (JLC), February 7, 2020--CIF Asia LNG prices were in decline as the demand was weak in Japan and South Korea, especially in China.

02-07-2020 17:45:15

Sinopec Qingdao Petrochem produces on-specification LS marine fuel oil

Beijing (JLC), November 19, 2019--Sinopec Qingdao Petrochemical in eastern China’s Shandong province produced first batch of on-specification low-sulfur (LS) marine fuel oil on November 15, Sinopec said Tuesday.

11-19-2019 11:11:51

Asia Pacific to become world's only net importer of crude oil

Beijing (JLC), August 26, 2019--China National Petroleum Corporation (CNPC) researchers forecast in a new report that Asia Pacific will become the only territory in the world that imports crude oil more than it exports.

08-26-2019 11:42:43

Grand Pacific to locate PDH project in Quanzhou

Grand Pacific Petrochemical Corporation Ltd. (Grand Pacific Petrochemical) signed an agreement recently to locate its 1-million-mt-yr propane dehydrogenation (PDH) and 900,000-mt-yr polypropylene (PP) project in the Fujian Quangang Chemical Industry Park

03-20-2019 15:05:18

CPCIF announces green plants and green products in petroleum and chemical industries

Shandong (JLC), November 22, 2018--Recently, China Petroleum and Chemical Industry Federation (CPCIF) announced the list of green plants and green products in petroleum and chemical industries in 2018.

11-22-2018 16:07:35

20# natural rubber approved as a specified futures variety

Shandong (JLC), June 15, 2018 --Recently, 20# natural rubber has been approved by the China Securities Regulatory Commission as a specific futures variety. After RMB crude oil futures, 20# natural rubber becomes another product for international trading.

06-15-2018 10:32:41

Attention should be paid to the specific supply of HDPE products

China PE market price declined with fluctuations in September. So did the prices of HDPE. In East China, HDPE pipe material price kept firm due to policy support.

09-27-2017 09:56:01

China import bonded jet fuel CIF rose 6.79% MoM in August

Xinhua Agency Petroleum Price System released on August 24th that, China import bonded jet fuel CIF in August settled at CNY3,097/mt, increasing CNY197/mt against the previous month, or 6.79% MoM, and the increase narrowed against that in July.

09-23-2016 11:45:57

China import bonded jet fuel CIF rose 10% MoM

Xinhua Agency Petroleum Price System released on July 26th that, China import bonded jet fuel CIF in June settled at CNY2,900/mt, increasing CNY279/mt against the previous month, or 10.64% MoM, and the increase enlarged than May.

07-27-2016 13:49:10

Citic Pacific Special Steel overtakes Baosteel as the most profitable steelmaker in 2015

According to the China Iron and Steel Association, Citic Pacific Special Steel Holdings made a net profit of CNY2.142 billion in 2015, rising by 10% YoY, becoming the most profitable steelmaker in the year.

02-22-2016 16:48:44

CPCIF: China petroleum and chemicals AC would increase 5% in 2016

China petroleum and chemicals AC would increase 5% in 2016

01-20-2016 16:41:10

Strong demand for polymer foams in Asian-Pacific

In 2013, the market value of polymer foams reached 82.6 billion dollars, and it is expected to be 131.1 billion dollars by 2018, with compound annual growth rate 7.7%.

08-26-2015 16:39:21

Major drags & drivers on Asia-Pacific met coal market

The Asia-Pacific met coal market will remain beset with oversupply, as Australian producers are transitioning from a period of capacity expansion to a period of production increase and the major consumer China restructures its economy to a slow growth.

06-11-2015 17:46:19

Axalta plans to build Asia-Pacific R&D center in Shanghai

Axalta, aglobal leading liquid and powder coating supplier, announced to build a brand-new Asia-Pacific research and development technology center. This plan has been approved by the board of directors of Axalta and the center will be launched in Minhang Industrial Development Zone, Shanghai.

05-07-2015 10:21:16

Demand for clean energy remains strong in Asia Pacific

Demand for clean energy looks set to remain strong in Asia Pacific for 2015, despite volatile oil prices.

02-09-2015 17:04:37

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