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Coking Benzene Market Comments and Forecast(Sep 3)

p>Domestic market of coking benzene presented a down trend in Aug and the market turnover was less. At the early of this month driven by petrobenzene the coking benzene market was steady in a high price. At the end of this month, along with the falling crude oil price the ...

Diesel cars more eco friendly than electric counterparts

Contrary to popular belief, small diesel vehicles are more environmentally friendly than their lithium-ion battery counterparts, a study suggests. According to a report appears in the American Chemical Society journal by Swiss government research lab EMPA, tests showed that the ...

US steam cracker operators see margins jump on stronger ethylene

p>Steam cracker operators in the US saw margins from light feeds make strong gains as ethylene prices surged early this week. Spot ethylene gained over a penny/lb on Monday and over 2.5 cents/lb on Tuesday on the back of stronger ethane and increased buy interest following an ...

China: Coking coal spot market lifted by higher Chinese bids

p>Higher indicative bids from large state-owned Chinese steel mills Monday pushed up the spot value of coking coal. Platts HCC 64 Mid Vol price into China Monday rose $3/mt to $205/mt CFR Qingdao, $17 above the August 11 price of $188/mt CFR. The Australian export price was ...

US gas rig count peaked in July, will continue to slide: analyst

p>The US gas rig count peaked in July and will continue to decline as producers cut output in the face of low cash and futures prices, French investment bank Credit Agricole's top oilfield services analyst said Friday. "The downdraft in natural gas prices over the past few weeks ...

Japan: METI plans world's first offshore methane hydrate output test 2012-2013

p>Japan's Ministry of Economy, Trade and Industry plans to start drilling a series of wildcat wells to explore methane hydrates in Japanese waters beginning in 2011, a senior METI source said Monday. METI's exploratory drilling will be conducted during the fiscal year that begins ...

US' Allen says BP proceeding to Macondo BOP removal

p>BP will forgo any further attempts to remove broken drill pipe from the failed blowout preventer at the Macondo well site in the Gulf of Mexico and move to replacing the BOP in the coming days, US National Incident Commander Thad Allen said Friday. Previously, BP and the ...

NW European crude seen in rare move to Jamnagar: sources

p>Norwegian state oil major Statoil has fixed a VLCC carrying crude, loading from Mongstad on September 19, which is destined for Indian refiner Reliance Industries Limited, with market sources saying that this appeared to be the first time recently that Statoil was sending crude ...

German environment check demand to delay Polish LNG project:report

p>Germany's demand that Poland carry out a cross-border environmental impact analysis of a planned LNG terminal near the border could delay the project by two to three years, Poland's deputy finance minister Mikolaj Budzanowski said Monday. "[The demand] would delay the start of ...

China to refund consumption tax on imported fuel oil used to produce ethylene, aromatics

p>The Chinese government would give rebates of consumption tax imposed on fuel oil imported as feedstock to produce ethylene and aromatics retroactively from Jan 1, 2010, with validity till Dec 31, 2010, according to a notification jointly released by the Ministry of Finance and ...

China: Taiwan's FPCC tenders to seek 22,000mt of propane

p>Taiwan's Formosa Petrochemical Corporation issued a tender Monday to purchase 22,000mt of propane for Oct 1-5 delivery to Mailiao, traders said. Tender closes 12:00 Aug 31, with validity till 20:00 the same day. China Chemical Weekly: http://news.chemnet.com/img/articles/140...

China: PetroChina Jinxi Petchem to slash daily crude throughput by 47% in Sep

p>PetroChina Jinxi Petrochemical planned to refine 180,000mt of crude oil in September, with daily throughput sharply down 47% on month, a refinery source said. The source also indicated the refinery had actually consumed 350,000mt of crude in August, up 60,000mt from the ...

China: PetroChina Qinzhou refinery to process 600,000mt of crude in Sep

p>PetroChina Qinzhou refinery is scheduled to refine 600,000mt of crude in September, with utilization rate hitting 73%, according to a refinery source. The refinery would start to supply downstream products early September, the source said. As reported earlier, Qinzhou refinery ...

China: Sinopec to supply 719,300mt of distillates to SW. China via pipeline in Sep, down 2.3% on month

p>Sinopec plans to transmit a combined 719,300mt of gasoil and gasoline to Southwest China s Guangxi, Guizhou and Yunnan via its Southwest Oil Product Pipeline in September, down 2.3% from the previous month, revealed a source with pipeline department of the oil giant. Gasoil ...

Thailand's PTT issues tender to seek 22,000mt of refrigerated LPG

Thailand's PTT floated a tender late Monday to purchase 22,000mt of refrigerated LPG at half-to-half ratio for the second half of September delivery, traders said. The tender closes on Aug 31 and will stay valid the same day.

China: Sinopec raises Sep naphtha ex-refinery price by Yuan 300/mt

Sinopec set September naphtha ex-refinery price for its underlying refineries at Yuan 5,310/mt, up Yuan 300/mt from August, a source with the refiner said. Ex-refinery price of naphtha supplied to eastern chemical enterprises by Tahe Refinery would be lifted from Yuan 4,510/mt to ...

China: Huahai New Thermal Insulation Materials to Complete Five Fire-retardant PU Insulation Panel Production Lines Next Year

p>According to relevant people from Tengzhou City Huahai New Thermal Insulation Materials Co., Ltd., the company planned to complete the construction of its high efficiency fire-retardant PU insulation panel project which included five production lines. He also said that the ...

China Chemical Weekly is in hot sale

p>Do you know the hot news happened in china petrochemical industry? Do you know the latest quote of chemical commodity that you concerning about? Do you know the business leads from china? All the answers could be found in China chemical weekly ! By the advantage of china ...

China to Create World's Largest Production Base of Organic Silicon

p>Sinochem invested Rmb 8 billion to construct a 700kt/y organic silicon monomer project in Yongxiu Spark Industrial Park, Jiangxi Province. And this will be the largest organic silicon monomer production base in the world. The project would be accomplished in 2015. After its on...

Rhodia Signs Green Chemistry Deal with Chinese, French Institutes

p>Specialty chemical producer Rhodia, the French National Center for Scientific Research (CNRS), the Ecole Normale Superieure of Lyon (ENSL) and the East China Normal University (ECNU) of Shanghai have signed a Memorandum of Understanding to strengthen their scientific collaborat...
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