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Independents’ crude refining margins plunge on surging costs

Guangzhou (JLC), April 3, 2025--Shandong-based independents’ crude refining margins plunged in early April as crude costs surged, despite a rise in their sales revenue.

04-03-2025 17:07:14

Shandong independents’ run rates slip in early April

Guangzhou (JLC), April 2, 2025--Shandong independent refiners’ operating rates slipped in early April, as some refiners’ throughput cuts counteracted other refiners’ boosts.

04-02-2025 18:43:28

Independents’ crude refining margins continue to drop

Guangzhou (JLC), March 27, 2025--Shandong-based independents’ crude refining margins continued to drop in late March, due to higher costs and lower sales revenue.

03-27-2025 14:18:48

Shandong independents’ run rates surge after unit restart

Guangzhou (JLC), March 26, 2025--Shandong independent refiners’ operating rates surged in the week ending March 26, mainly because of the unit restart of two refiners.

03-26-2025 18:45:48

China urea exports keep low on legal commodity inspection

03-26-2025 17:58:12

China epoxy resin imports down in Feb

Shandong (JLC), March 26, 2025--In February, China's epoxy resin imports were 9,800 mt, down 1,000 mt month on month.

03-26-2025 16:50:19

Recycled PET prices keep tumbling on poor demand, falling new PET prices

Shandong (JLC), March 21--Recycled PET prices have been plunging since late February, with the slump persisting even during the traditional peak demand season in March, broadly undermined by slack end

03-21-2025 16:08:00

Shandong independents’ run rates retreat as maintenance counters restart

Guangzhou (JLC), March 19, 2025--Shandong independent refiners’ operating rates retreated in the week ending March 19, after a crude distillation unit (CDU) came offline for maintenance.

03-19-2025 19:00:03

Independents find lower refining margins

Guangzhou (JLC), March 19, 2025--Shandong-based independents found lower refining margins for imported crude in the week to March 19, dragged down by rising crude costs and falling sales revenue.

03-19-2025 18:48:13

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

Guangzhou (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 wrapped 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

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