industry

Second-quarter growth of China s economy fell to 10.3 percent from the first quarter's 11.9 percent as Beijing wound down its giant stimulus and cooled credit, data showed last Thursday. While economic growth slowed down, China s PU industry also took bearish tone in the second ...
Operation rates of independent refineries in Shandong Province dropped to 39% Thursday, down 7 percentage points from one week ago, down 5 percentage points compared to a year earlier, C1's survey found. Many refineries reduced run rates with bearish expectations on refining ...
In the first half of 2010, TDI prices went down to lowest point, almost duplicating the price trend in 2008. Stockpiles could not be digested in time due to weak demand while imports prices were even lower than the cost prices. Thereby the whole market kept dull. From the end of ...
Dalian Wepec has lifted crude throughput to the level before pipeline blasts, hitting about 24,000mt a day (170 kbd), up 20% from 19,000mt a day (140 kbd), a source with the refinery told C1. Oil products shipments from Dalian Xingang oil port were rising with the traffic control ...
In recent years, the world paid more attention on the global warming problem and the energy-saving and ejection-decreasing stepped faster at home. What s more, the energy shortage became worldwide. The coal-based synthetic natural gas(SNG) and coalbed methane(CBM) industry ...
Forecasts of lower than expected deliveries of new medium range (MR) oil product tankers, along with expected sustained demand growth in demand for oil and tankers, may offer a reprieve to shipowners this year and into 2011, according to UK shipbroker Gibson. Annual deliveries of ...
India's top energy officials and executives are currently visiting Vietnam as BP prepares to offload its upstream assets in the country. India's oil minister Murli Deora and petroleum secretary S Sundareshan are heading up a delegation of ministry officials and state-owned oil ...
US President Barack Obama on July 21 signed into law a sweeping financial sector reform bill that for the first time allows the government to regulate the over-the-counter derivatives market. The act, which runs more than 2,300 pages and will form the basis of a massive ...
Minor refineries in South China's Guangdong Province saw their refining margins fell further in the negative territory, as feedstock costs kept rising, C1's survey found. The margin was minus Yuan 68/mt on average in theory Wednesday, versus Yuan 44/mt one week ago, while Yuan ...
Egypt - The Dow Chemical CompanyThe Dow Chemical Company recently appointed Stephane Paquier, formerly Vice President of Mergers and Acquisitions, as the new President of Dow Africa. Paquier's appointment recognizes the importance of Africa as a critical growth market for Dow ...
Under the dual pressures of the global economy hasn't recovered fully yet and part of domestic industries excess capacity situation, the emerging strategic industries are given a "special" mission. Many areas launch the emerging development plan and the "low-carbon projects." On ...
Chinese state-owned producer CNOOC has started output from a new field in northeast China's Bohai bay, the key driver for the country's crude production growth in the next few years. The BZ 29-4 field, wholly owned and operated by CNOOC, started production yesterday and is ...
Indian state-owned engineering firm Bharat Heavy Electricals (Bhel) has won a contract to build a 1,200MW coal-fired power plant in Chhattisgarh state in central India. Bhel will build the main plant, installing two 600MW units for Dainik Bhaskar (DB), which is part of the ...
Braskem, the largest thermoplastic resin producer in the Americas, said Wednesday it received a license to begin operating a Brazilian plastics plant that will use ethylene produced 100% from ethanol. The plant is scheduled to begin operations in August and produce 200,000 metric ...
Japan's JX Nippon Oil & Energy Corporation has been running its sole naphtha-fed steam cracker and butadiene unit at 100% of capacity since early July, from around 80% in late June, as the company has cleared out clogging from its water pipes, a company source said Thursday. The ...
Zhenhai Etylene s 450,000 tonnes/year full-density PE unit was put into production in June and a supply increment of 3.05 million tones/year will be highly concerned in the second half of the year. Output of plastic products in Jan-May increased 22.3% from the same period of 2009...
The window for downward adjustment to domestic oil product retail ceiling prices may open if the price of Brent crude hovers below US$74/bbl in the coming week, C1 estimated. As of Jul 21, the 22-working-day moving average price of Brent, Dubai and Cinta was 3.96% lower than the ...
The tropical storm "Chanthu" that was expected to land in west Guangdong on Jul 22 has impacted some fuel oil cargoes for re-export, said a port source in Zhuhai. These fuel oil cargoes for Chimbusco Pan Nation have been delayed as Zhuhai port suspended operation as from Jul 21 ...
Shaanxi Yanchang Petroleum (Group) kept reducing gasoline prices in recent two days, because of hefty stock caused by sluggish sales, C1's survey found. The company accumulatively cut truck price by Yuan 260/mt and lowered Yuan 180/mt by rail with discounts ranging from Yuan 100...
The embargo on the Dalian Xingang oil port has not been lifted by Jul 21, although the port was re-opened to navigation from late Tuesday, C1's survey found. Container ships could come to berths at Xingang oil port from 17:00 of Jul 20, but crude and oil products tankers were ...
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Bill Gates talks nuclear
Bill Gates talks nuclear
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China offers inspirations to global dilemmas
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BEIJING, Jan. 22 (Xinhua) -- Policies of China's new leadership in the ...
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