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China: Sinopec to supply 736,000mt of distillates to SW. China via pipeline in Aug, up 1% on month

Sinopec plans to transmit a combined 736,000mt of gasoil and gasoline to Southwest China's Guangxi, Guizhou and Yunnan via its Southwest Oil Product Pipeline in August, up 1% from the previous month, revealed a source with pipeline department of the oil giant. Gasoil allocation ...

China: Sinopec Hainan refinery to refine 9% more crude oil daily in Aug

Sinopec Hainan refinery plans to process 750,000mt of crude oil in August, with daily throughput 9% higher than the previous month, according to a refinery source. The refinery will continue to run at high rate in the second half of this year due to no turnaround plan, the source ...

Brazilian August ethylene contracts expected to be flat to July

In Brazil, ethylene contract prices for August should be at the same levels compared to July, said a source Friday. Even though prices went up Eur12/mt in July due to the exchange rate between the dollar and reals, the Brazilian contract for ethylene may be without any movements. ...

Indian GAIL inks pact to market polymers from upcoming BCPL plant

India's state-run gas transmission utility GAIL Saturday signed an agreement with Brahmaputra Cracker and Polymer Limited to market all the petrochemical products from the latter's upcoming natural gas and naphtha cracker complex in the northeastern state of Assam. GAIL owns a 70...

Europe: Market fails to follow initial August benzene contract settlement

Negotiations for the August European monthly benzene contract price settlement continued over from the last days of July and into August on Monday, when a large proportion of the market failed to reach a conclusion. An initial contract price settlement was agreed late Friday at ...

UK-listed EnQuest to buy Canada's Stratic for $132 million

Recently listed North Sea upstream company EnQuest has agreed to buy Canadian-based producer Stratic Energy for a total of C$135 million ($132 million) in a stock-and-debt deal, boosting its reserves in the North Sea, EnQuest said Tuesday. EnQuest was only created in March and ...

China: After closures, Taiwan's Formosa to delay maintenance

* Maintenance delayed to October -local paper * Company may first reopen its No.1 cracker after fire TAIPEI (Reuters) - Taiwan's Formosa Petrochemicals Corp said on Monday it would delay maintenance of its No.2 cracker to ensure steady production after incidents last month shut ...

Guangzhou port cargo throughput up 12% in 1H

China's Guangzhou port reported a cargo throughput of 201 million tonnes in the first half, up 11.7 percent from a year earlier. The major port handled 6.07 million twenty-foot equivalent units (TEU) of containers, up 16.8 percent from a year ago, the Guangzhou Port Authority ...

Canada, U.S. Companies Merge to Create World's Leading Metallurgical Coal Producer

Western Coal Corp. of Canada announced Friday that it has entered into an arrangement agreement with U.S. leading steelmaking coal producer Walter Energy, which allows the U.S. mining company to merge Western Coal to create one of the largest metallurgical coal producers in the ...

Japan: Nippon Shokubai's MEG Facility at Ukishima to Restart on August 5th

Nippon Shokubai s 105kt/y MEG facility located at Ukishima would resume production on August 5th as schedule after two-week maintenance. Besides, its 105kt/y MEG facility in Chidori was planned to shut down for one-month maintenance from August 16th. Nippon Shokubai Co., Ltd. ...

German: Dow Reviewing Thai Investments

SCHWALBACH, Germany -- Dow Chemical is considering investing up to US$150 million more to integrate downstream products into its petrochemical production in Thailand now that the US-based chemical giant sees some light at the end of the tunnel in getting its suspended project to ...

China: China's Wanhua takes over Hungarian BorsodChem

The complete merger of China's Wanhua Industrial group with the Hungarian PVC and chemicals company BorsodChem is rapidly becoming a reality as minority shareholder Wanhua prepares to buy out BorsodChem s current owners. The move, agreed by both firms, will give the Chinese ...

The Shell and PetroChina Takeover of Arrow Energy due to be implemented on August 23

Shell and PetroChina planned to purchase Australia Arrow Energy with $3.45 billion on August 23th. Arrow s Board of directors brought the acquisition plan into effect by vote in early July while Federal Court of Australia approved the plan on July 29th. Shell said it was ...

US: Syrgis Strengthens Corporate Engineering

CINCINNATI - Syrgis, an international diversified group of fine and specialty chemical manufacturers, today announced that Glenn Beeman has joined the organization and will assume the role of Senior Corporate Engineer for Syrgis' global businesses. "Glenn is an experienced ...

American Chemical Society to hold forum on climate change

BOSTON, Aug. 3, 2010 The American Chemical Society (ACS) will hold a special forum on climate here on Aug. 23 during its 240th National Meeting & Exposition, featuring international authorities speaking on the current status of climate change science. Entitled "Forum on Climate ...

Calmly thinking of the hot fluorite

About high returned fluorin chemical industry, whose source is fluorite. From the beginning of 2010, the policies from the aspects from mining, planning management of prooducing, revenue, environmental protection, industrial admittance to management of exporting have been ...

BG Shuts Oil, Gas Output at Indian Fields After Pipeline Leak

BG Group Plc, the U.K. s third- largest gas producer, shut crude oil and natural gas output from the Panna-Mukta fields off India s west coast on July 20 after a leak in a sub-sea pipeline. The company halted about 35,000 barrels a day of oil and 205 million cubic feet a day of ...

US coal production about even from year-ago at 20.7 mil st: EIA

US coal production totaled about 20.7 million short tons in the week that ended Friday, the US Energy Information Administration said Thursday. The production estimate, based on railcar loadings, is 3.5% higher that the previous week's estimate and about the same as the ...

China: Sinopec cuts Aug naphtha ex-refinery price by Yuan 290/mt

Sinopec set Aug naphtha ex-refinery price for its underlying refineries at Yuan 5,010/mt, down Yuan 290/mt from the previous month, according to a source with the refiner. Meanwhile, ex-refinery price of naphtha supplied to eastern chemical enterprises by Tahe Refinery was ...

China: Blast-hit Dalian Xin'gang oil port resumes full operations

The blast-hit Dalian Xin'gang oil port in Dalian City, Northeast China's Liaoning Province, resumed full operations on Jul 29, nearly two weeks after a pipeline blast and oil spill in the area. One 300,000DWT crude jetty that had been closed since the accident has resumed normal ...

Latest World News

china

Bill Gates talks nuclear
Bill Gates talks nuclear
Microsoft co-founder Bill Gates confirmed on Wednesday that he is ...
China offers inspirations to global dilemmas
China offers inspirations to global dilemmas
BEIJING, Jan. 22 (Xinhua) -- Policies of China's new leadership in the ...
Merck to put $1.5b in R&D
Merck to put $1.5b in R&D
Merck Sharp & Dohme (MSD), the world's second-largest drug producer by ...

world

market

IMF chief warns of risks to recovery
IMF chief warns of risks to recovery
DAVOS, Switzerland, Jan. 25 (Xinhua) -- The International Monetary ...
China's farm product pricing plan shifts to market orientation
China's farm product pricing plan shifts to market orientation
The Number One Document also proposed a new pricing plan for China's ...
Chinese investors look to overseas opportunities
Chinese investors look to overseas opportunities
SHANGHAI, Jan. 25 (Xinhua) -- China, the world's top manufacturer and ...

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Retailer's Net Profit Falls 3%
Retailer's Net Profit Falls 3%
A Wal-Mart store is seen in Stratford, Connecticut, the United States. ...
Gaming Firms Find Going Tough
Gaming Firms Find Going Tough
Employees demonstrate Sony Ericsson Mobile Communications' Xperia Play ...
Boeing Wins Biggest Order of US$26b
Boeing Wins Biggest Order of US$26b
A formation of nine Royal Air Force Red Arrows Hawk aircraft fly ...

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sports

Yao's gift of sport for all
Yao's gift of sport for all
Chinese NBA player Yao Ming teaches a boy with special needs how to ...
Lucrative golf industry lures stiff competition
Lucrative golf industry lures stiff competition
Two models stand beside golf equipment and bags at a recent golf ...
Li Na wins French Open women's singles title
Li Na wins French Open women's singles title
History-making tennis legend Li Na notched the first-ever grand slam ...
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