Fujian Refining & Petrochemical hiked its daily commodity LPG output to 900mt from Oct 28, sharply up 50% or 300mt, a refinery source said.
As LPG wholesale prices climbed notably in October, the refinery decided to consume more naphtha and less LPG to produce ethylene, the source explained.
LPG truck prices in Fujian market averaged Yuan 6,075/mt on Oct 27, surging Yuan 540/mt from Sep 30, a assessment showed.
LPG demand from household users during the second half of October grew 10% from the first half month, according to a local distributor.
Fujian Refining & Petrochemical, located in southeastern China's Fujian Province, has an annual topping capacity of 12-mil mt and mainly processes imported crude. It has an 800,000-mt/yr ethylene cracking unit, an 800,000-mt/yr polyethylene unit, a 400,000-mt/yr polypropylene unit and a 700,000-mt/yr aromatics complex.
China ChemNet will hold China SNG/CBM (International) Summit on 24-27 Nov, 2010 in Changji City of Xinjiang Province. This summit is the high-end international summit under the guidance of authorities and experts, conference topics include five major aspects of policy interpretation, industry research, business promotion, business meetings and Sino-foreign cooperation, is not only the new type coal chemical industry conference, but also the best opportunity to energy giant polymerization, government and enterprises investment, investors looking for the project. Sincerely welcome you to attend the summit. Details: http://news.chemnet.com/list/zt/meeting/2010energy/index.html
As LPG wholesale prices climbed notably in October, the refinery decided to consume more naphtha and less LPG to produce ethylene, the source explained.
LPG truck prices in Fujian market averaged Yuan 6,075/mt on Oct 27, surging Yuan 540/mt from Sep 30, a assessment showed.
LPG demand from household users during the second half of October grew 10% from the first half month, according to a local distributor.
Fujian Refining & Petrochemical, located in southeastern China's Fujian Province, has an annual topping capacity of 12-mil mt and mainly processes imported crude. It has an 800,000-mt/yr ethylene cracking unit, an 800,000-mt/yr polyethylene unit, a 400,000-mt/yr polypropylene unit and a 700,000-mt/yr aromatics complex.
China ChemNet will hold China SNG/CBM (International) Summit on 24-27 Nov, 2010 in Changji City of Xinjiang Province. This summit is the high-end international summit under the guidance of authorities and experts, conference topics include five major aspects of policy interpretation, industry research, business promotion, business meetings and Sino-foreign cooperation, is not only the new type coal chemical industry conference, but also the best opportunity to energy giant polymerization, government and enterprises investment, investors looking for the project. Sincerely welcome you to attend the summit. Details: http://news.chemnet.com/list/zt/meeting/2010energy/index.html
