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China cuts bottle grade PET exports MoM on slowing purchase

Shandong (JLC), August 17, 2023--According to customs statistics, the exports of bottle grade PET in June 2023 was 309,200 mt, with an average price of $969/mt. The exports decreased by 29,700 mt comp

08-17-2023 17:03:00

State-run refineries’ purchase drives up China’s naphtha market

Beijing (JLC), April 19, 2022--China’s naphtha market improved slightly at the beginning of this week, mainly driven by the purchase from state-run refineries.

04-19-2022 10:56:56

Shandong's plan to cut pollution may impact local crude purchase

The Shandong government has lately issued a notice about reducing volatile organic compounds and proposed a time span for local petrochemical enterprises’ maintenance, which may impact refiners’ crude purchase.

01-28-2021 11:43:15

Hainan latex purchase price rallies on multiple factors

The purchase price of feedstock latex recently rebounded after a slump in Hainan amid better processing profit, higher tapping interest and unrecovered supply, but is unlikely to improve in the short run.

07-06-2020 16:37:24

Mitsubishi Chemical to purchase two Switzerland-based engineering plastic recyclers

Currently, Mitsubishi Chemical published that it will buy two engineering plastic recycling companies in Switzerland. This acquisition would help Mitsubishi to improve the development of cyclic economy.

03-11-2020 16:36:51

More cities to lift bans on car purchase

Beijing (JLC), September 16, 2019--China’s Guiyang government plans to lift its ban on car purchase since September 16, following Guangdong and Hainan provinces, Guiyang government said Monday.

09-16-2019 17:14:49

Lekima affects LPG sales, purchases in China

Beijing (JLC), August 13, 2019--The liquefied petroleum gas (LPG) sales in East China, Shandong and Northeast China were subdued to varying degrees by Typhoon Lekima, market sources said

08-13-2019 11:58:22

Wanhua Chemical purchases Chematur Technologies AB

Beijing (JLC), July 31, 2019--Wanhua Chemical (Hungary) Holding, a wholly-owned subsidiary of Wanhua Chemical, purchased on July 30 Chematur Technologies AB, once jointly owned by Jilin Connell Investment Group and Europe-America Energy Technology.

07-31-2019 15:36:00

The purchase, sales volumes of LNG, diesel grow fast in Qinghai

Beijing (JLC), June 27, 2019--The purchase and sales volumes of liquefied natural gas (LNG) and diesel grew fast in Qinghai in the first five months of 2019, whereas those of gasoline declined, according to data released by Qinghai Provincial Bureau of Statistics.

06-27-2019 17:35:03

CRCC, PetroChina ink bitumen purchase agreement

Beijing (JLC), May 30, 2019—China Railway Construction Corporation Limited (CRCC) signed a bitumen purchase agreement with PetroChina on May 13 , PetroChina said on its website.

05-30-2019 13:56:12

Hengli Petrochemical (Dalian) starts LPG purchase

Hengli Petrochemical (Dalian) began purchasing liquefied petroleum gas (LPG) cargoes for its integrated project, company sources said, marked with the arrival of a vessel carrying 2,800 mt of LPG at Berth 108 on January 22, 2019

01-25-2019 14:38:51

China to exempt purchase taxes on new energy vehicles from 2018 to 2020

Ministry of Finance, State Administration of Taxation, Ministry of Industry and Information Technology and Ministry of Science and Technology published the "Notice on Exempting Purchase Taxes on New Energy Vehicles"

12-28-2017 08:57:59

Pay attention to resources purchased for hedging amid firm PE quotations

In 2017, the profit of hedging was large and played a key role in PE market. The connection between PE spot and futures is becoming closer and closer from 2015.

08-22-2017 17:54:12

Geo-Jade Petroleum proposes to purchase Soak Oil &Gas LLP

According to JLC, Geo-Jade Petroleum Corporation issued a notice that proposing to set up natural gas industry fund with Huiyin Deqing, U.S.-China Green Fund to purchase Soak Oil &Gas LLP, a major natural gas company in Kazakhstan.

08-21-2017 14:08:13

Two subsidiaries of DIPGC sign coal purchase and sale framework agreement

Accordingly, China Datang Corporation is the controlling shareholder of DIPGC and it jointly held 34.77% of DIPGC issued share capital with the two subsidiaries- Shanxi Fuel Company and Gansu Fuel Company.

06-15-2017 13:51:12

Shoe material plants braced centralized purchase

It was surprising that Huizhou LCY Elastomers sold about 4,500 mt oil-extended SBS in just one day on May 23rd, 2017 against a 6,000 mt monthly output.

05-27-2017 10:30:40

Non-standard diesel market moved down after the purchase and sales turned slack

This week (Mar 17th-Mar 23rd), international crude oil futures price kept moving down, and the transaction price in non-standard diesel market underwent an up-then-down development. The price in Shandong prevailed at CNY4,250/mt, up by CNY50/mt WoW.

03-23-2017 17:47:20

Rising demand boosted the teapots purchases of domestic fuel oil in Jan-Nov

12-27-2016 17:33:24

LPG import volume declines amid less purchase volume of PDH companies

China LPG import volume totaled 1.3432 million mt in September 2016, down 4.12% from August 2016. Operation of domestic LPG importers became active.

11-03-2016 11:06:36

Yangquan Coal set Q3 raw coal purchase price flat with Q2

Yangquan Coal set purchase prices for raw coal from No. 3 and No. 5 mines under Yangquan Coal Industry Group at CNY180/mt (excluding washing loss) for the third quarter, flat with Q2 prices and declining by CNY50/mt or 21.7% on the year.

07-20-2016 11:35:35

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