Chemical News
-
The First China Low-carbon Industry Investment and Financing Summit will hold in August Jul 23,2010
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 26 August, China Industry Newspaper Association organizes "the First C...>>>
America: Dow to test plastic waste as fuel source Jul 30,2010
Dow Chemical Co. -- one of the world’s largest plastics and chemicals makers -- will run a one-day pilot test to determine if plastic waste can be used as fuel in its operations. The trial is set to take place by the end of July at Dow’s headquarters site in Midland, Mich. Midland ranks as Dow’s second-largest U.S. manufacturing lo...>>>
China: China's Shandong Hongxin restarts PA line, keeps total runs at 80% Jul 26,2010
China's Shandong Hongxin Chemicals started up one of its 50,000 mt/year phthalic anhydride lines at the start of this week, and operating rates are "above 60% of capacity", a company source confirmed Friday morning. The source added that Shandong Hongxin is likely to raise operating rates to 70% and maintain them at that level, as dem...>>>
Argentina:Automotive industry drives PP demand in Argentina: producer Jul 26,2010
Growth in the Argentinean automotive industry was helping heat up the polypropylene market in that country, a source said today. "The country's economy is doing well, helping the continued development of the PP market within the automotive industry which is continually doing better," added the source. Polypropylene domestic...>>>
China's Furniture Market Saw Large Sales Pressure in H1, 2010 Jul 26,2010
Ministry of Industry and Information Technology of the People's Republic of China claimed that due to expanding impact of real estate control policies, the sales volume of building and decoration materials as well as furniture in domestic top 100 largest retailing enterprises plummeted in the first half of this year, according to statistics from Ch...>>>
Egypt:Paquier to lead Dow expansion in the region Jul 26,2010
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 Chemical and its continued commitment to the region. Paquier will report ...>>>
Poland's TDI Facility Failed to Restart Jul 26,2010
Due to severe technical problem, Zachem’s TDI manufacturing facility located in Bydgoszcz, Poland failed to restart for the third time, people from the company said on July 20. The facility shut down for maintenance from June 24 and was scheduled to resume production last week. Insiders said the facility might resume production by the end o...>>>
America: Invista mulls sale of its polymer and resin assets in North America Jul 26,2010
Invista, USA’s polyethylene terephthalate (PET) producer, is considering the sale of its polymer and resin assets in North America, as per ICIS. Invista's polyester and resin business includes products such as PET, dimethyl terephatlate (DMT) and specialty polymers. A market assessment of the polyester-based polymer and resin sector has been ...>>>
China: releases new detailed rules on "other fuel oil" consumption tax; imports may affected Jul 26,2010
The General Administration of Customs recently promulgated more detailed rules on consumption tax on imported "other gasoil and fuel oil" (HS code: 27101929). According to the new rules, 1 kilogram of the product, which is the first statutory unit of measurement, is equal to 1.176 liter, the second statutory unit of measurement; water content shou...>>>
China: Dalian Wepec again cuts crude runs by 20% on unstable feedstock supply Jul 26,2010
Dalian Wepec had to again reduce crude throughput by 20% to 19,000mt a day (140 kbd), because of unstable crude supply caused by limited capacity of backup jetty, a source with the refinery told C1 Friday. The refinery may continue to maintain low crude runs in the near term, which may affect oil product exports in August, the source reckoned,...>>>
China: PetroChina Urumchi Petchem yet to put on agenda 10-mil-mt/yr expansion project Jul 26,2010
PetroChina's 6-mil-mt/yr Urumchi Petrochemical is yet to put on the agenda 10-mil-mt/yr oil refining capacity expansion project, according to a refinery source. The refinery has completed construction of 1-mil-mt/yr aromatic hydrocarbon unit, expected to bring it on stream on Aug 30, the source said. Feedstock for the aromatic hydrocarbon uni...>>>
China: PetroChina Daqing refinery to halt LPG supply mid-Aug on turnaround Jul 26,2010
PetroChina Daqing Refining & Chemical is expected to suspend LPG supply from Aug 17, when it would go into a 40-day overhaul, according to a refinery source. The refinery recorded hefty LPG stock due to dull sales by rail, although demand from local market was stable, the source said. Its counterpart PetroChina's 6-mil-mt/yr Daqing Petroc...>>>
China: Nigeria, China launch third refinery project Jul 26,2010
State-run Nigeria National Petroleum Corp and China State Construction Engineering Corp have launched the third in a series of refinery projects agreed in May in a deal worth $23 billion, an NNPC official said Friday. "We have gone to inspect the land for the proposed site for the Bayelsa refinery," NNPC director for engineering and te...>>>
Asia: Higher European prices lure Mideast, US ethylene away from Asia Jul 26,2010
Higher European ethylene prices are luring Middle Eastern and US cargoes away from Asia, which was the target region for sales just a few weeks ago, said market sources Friday. In the past week, South East Asian ethylene spot prices have stayed flat at $797/mt CFR, while North Western Europe prices were at $944/mt CIF Wednesday. ...>>>
China: ChemChina to Construct MDI and TDI Projects in Shanxi Province Jul 27,2010
In recent days, leaders of Yangao County in Datong City, Shanxi Province reached an agreement with Ren Jianxin, general manager of ChemChina to establish 50kt/y chloroprene rubber, 180kt/y TDI, 200kt/y MDI and 15kt/y ADI projects in Yanggao Longquan Industrial Park. After the construction, a cycling economy integrating the coal chemical, new...>>>
China June Pure Benzene Import & Export Statistics Jul 27,2010
Import: According to statistics from customs house, China’s total import volume of pure benzene was 12146.455 tons in June, for a value of $ 11.183639 million, giving an average unit price of $920.73/ton. From Jan-Jun, accumulated import volume totaled 119052.426 tons, for a total value of $ 114.853825 million, giving an average unit price of $964....>>>
China: Probe into EVA Market Jul 27,2010
The situation of whole economic market is not optimistic, with ups and downs in crude oil and futures prices and limited transactions in plastics market. Look back into EVA market, the prices had been high for long time. Import prices fell sharply late last month and had no further downward signs while domestic EXW prices were revised down though f...>>>
China: CNPC, Kazakh gas company to tap Caspian reserves Jul 27,2010
The China National Petroleum Corporation (CNPC) announced on Jul 11 it has signed an agreement with the Kazakh gas company KazMunayGas to jointly build the second phase of a gas pipeline in a bid to tap gas reserves in southern Kazakhstan. The agreement concerns design, financing, construction, and operation of the second-phase of the pipeline...>>>
China: Sinopec Jiujiang Petchem to shut FCC for maintenance end Jul Jul 27,2010
Sinopec Jiujiang Petrochemical plans to close a fluid catalytic cracker for 15-20-day maintenance end July because of glitch, a source with the refinery told C1, adding its crude throughput for August would drop accordingly. Jiujiang Petrochemical has two FCCs with annual capacity of 1.1-mil mt and 1-mil mt, respectively, C1's record showed. ...>>>
China imports 1.28-mil mt of LPG in H1, down 46.69% yoy: GAC Jul 27,2010
According to data from the General Administration of Customs, from January to June, the total amount of imported LPG for China plummeted by 46.69% compared to the same period last year to 1.28-mil mt. Market sources ascribed the sharp decline to high output of domestic refineries and uncompetitive prices of LPG compared with alternative energy...>>>
International Chemical Exhibition
-
Advertisement
-
