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Shandong independent refineries’ run rates remain on downtrend

Guangzhou (JLC), May 23, 2024 – Shandong independents’ operating rates have hit a two-year low and are still under pressure to drop because of weak refining margins, lukewarm fuel sales.

05-24-2024 11:30:01

Independent refiners face crude quota tightness in Q4

Guangzhou (JLC), October 16, 2023—Chinese independent refiners are facing tight imported crude quotas in the last quarter of 2023, and they may switch to more alternative feedstocks.

10-16-2023 10:29:10

Chinese independent refiners to boost run rates in H1 2023

Guangzhou (JLC), February 8, 2023--Chinese independent refiners are likely to hike their operating rates in the first half of 2023 (H1 2023), in an effort to cater to recovering fuel demand.

02-08-2023 16:35:58

Shandong-based independent refiners stagger on dim demand

Independent refiners in Shandong have had difficulties getting price boosts in recent weeks due to a torpid demand recovery.

07-26-2022 19:20:36

China’s state-run and independent refineries to stagger unit maintenance

Guangzhou (JLC), February 17, 2022--China is expected to see more state-run refinery shutdowns but less independent ones in March, JLC’s data shows.

02-17-2022 17:39:05

More Oman crude arriving in Shandong for independent refiners

Guangzhou (JLC), November 12, 2021--More Oman crude is arriving at Shandong ports for independent refiners in November when local feedstock arrivals tend to increase.

11-12-2021 14:56:21

Shandong independent refiners slash imports of Tupi crude

Guangzhou (JLC), October 22, 2021--Shandong independent refiners have slashed their imports of Tupi crude from Brazil, as refiners keep improving their feedstock slates.

10-22-2021 16:14:02

SINOALKY's first application at independent refinery

Beijing (JLC), September 29, 2021--Sinopec applied its autonomous technology of SINOALKY to a sulfuric acid alkylation unit at an independent refinery in central Hunan province for the first time in August, the company said.

09-29-2021 10:37:55

China independent refineries’ crude throughput drops in Q2

Beijing (JLC), July 29, 2021--China independent refineries’ crude throughput dropped in the second quarter (Q2) of 2021, as a result of the arrival of the peak maintenance season.

07-29-2021 13:41:23

Chinese independent refiners may face crude quota crunch in Q4

Guangzhou (JLC), June 23, 2021--Chinese independent refiners may face shortage of crude import quotas in the fourth quarter of 2021, as China tends to tighten such quotas amid efforts to cut carbon emission and speed up the restructuring of the market.

06-23-2021 14:24:18

NDRC sets up working group to inspect independent refineries

Guangzhou (JLC), April 12, 2021--China's NDRC has established a working group to inspect 55 independent refineries in eight provinces, the NDRC announced on April 9.

04-12-2021 14:17:00

Margins at Shandong independent refineries diverge

Refining margins of independent refiners in Shandong diverged in the week ending March 3 on mixed feedstock costs and product prices.

03-04-2021 18:19:13

Shandong independent refineries’ run rates edge up

Shandong-based independent refiners’ unit operating rates edged higher this week, with some refiners adjusting their throughput modestly.

12-02-2020 18:43:08

Shandong independent refineries’ run rates rally after restart

Shandong-based independent refiners’ unit operating rates extended gains this week, as Landbridge Petrochemical gradually resumed normal throughput and another crude distillation unit (CDU) came back online.

11-25-2020 18:10:52

Shandong independent refineries’ run rates rebound on restart

Shandong-based independent refiners’ unit operating rates rebounded modestly this week, following the restart of a crude distillation unit (CDU).

11-18-2020 18:36:34

Shandong independent refineries’ run rates largely stable

Shandong-based independent refiners’ unit operating rates were largely stable this week when there was no unit restart or shutdown.

11-11-2020 18:35:32

Margins at Shandong independent refineries surge

Refining margins of independent refiners in Shandong soared for the week ended November 3 due to a slump in feedstock costs and stronger products.

11-05-2020 14:45:10

Independent refiners find mixed refining margins

Independent refiners in Shandong province saw mixed refining margins for the week ended October 28 when both product prices and feedstock costs dropped.

10-29-2020 15:49:39

Margins at Shandong independent refineries extend drops

Refining margins of independent refiners in Shandong dropped for the week ended October 21 on a rally of feedstock costs.

10-22-2020 19:13:21

Margins at Shandong independent refineries drop

Refining margins of independent refiners in Shandong fell between end-September and mid-October as the drop in product prices outpaced the decline in feedstock costs.

10-15-2020 12:00:04

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