-
ChemChina's acquisition of KraussMaffei to achieve better and faster docking
Time of Update: 2022-02-25
For this reason, ChemChina first carried out organizational changes in its equipment manufacturing sector, and organized its dispersed enterprises and products into three business divisions, namely, the complete machine division and the parts division.
-
Dow Chemical Glycidyl Methacrylate (GMA) Completes Production Expansion
Time of Update: 2022-02-25
The Dow Chemical Company (Dow) recently successfully completed the expansion project of glycidyl methacrylate (GMA) products at its production base in Freeport, Texas, which increased the annual GMA production capacity by 30%.
-
Russia beats Saudi Arabia to become China's largest crude oil supplier for three consecutive months
Time of Update: 2022-02-25
According to data released by the General Administration of Customs of China on the 21st, in May this year, Russia defeated Saudi Arabia for the third consecutive month and became China's largest crude oil supplier .
-
Shanxi: Suspend the transfer of coal mining rights within 3 years
Time of Update: 2022-02-25
According to the "Management Measures for the Transfer and Transfer of Coal Resources and Mining Rights of Shanxi Province" The annual total amount of coal resources and mining rights can be granted by the provincial people’s government and announced by the provincial competent department of land and resources, and the total annual amount of coal resources and mining rights can be zero .
-
Shenhua raised the price of coal water, the stable situation of thermal coal market was broken
Time of Update: 2022-02-25
Many industry insiders told Jiemian News reporters that due to the current high enthusiasm for capacity reduction in various regions, the implementation of coal production restriction policies has caused a reduction in coal supply in the market.
-
Caofeidian signed a contract for a large-scale refining and chemical integration project in the Middle East and Gulf
Time of Update: 2022-02-25
A few days ago, the 15 million tons/year oil refining and downstream chemical product manufacturing project in Caofeidian District, Tangshan City was formally signed.
-
Shenhua Group Bayannaoer Company will fully resume production
Time of Update: 2022-02-25
The reporter saw in the comprehensive resumption plan formulated by Shenhua Bayannaoer that its coal washing plant with an annual output of 3 million tons of clean coal has resumed production, and the coking plant with an annual output of 1.
2 million tons of coking coal increased production on June 5.
-
During the G20 period, petrochemical companies in Shanghai suspend production for 14 days and Jinshan District is strictly controlled
Time of Update: 2022-02-25
At the same time, it is necessary to unswervingly increase the adjustment of chemical enterprises, strengthen management in accordance with the law, and strictly enforce the law to ensure the smooth convening of the G20 summit .
-
Xingfa Group intends to acquire 49% equity of Maple Leaf Chemical
Time of Update: 2022-02-25
The core assets of Maple Chemical are its wholly-owned subsidiaries Yichang Fengye Dianziping Phosphate Mine Co.
584 square kilometers, with 30,231,400 tons of resource reserves, 29,566,400 tons of usable resource reserves, and 20,460,700 tons of recoverable reserves .
-
Oil market bears two years, China imports more than 600 million tons
Time of Update: 2022-02-25
Even so, China has not seen any signs of reducing imports: in February, March and April this year, China’s crude oil imports exceeded 30 million tons.
-
Daxie Petrochemical's 300,000 tons/year dilute ethylene to ethylbenzene plant started successfully
Time of Update: 2022-02-25
Recently, CNOOC Ningbo Daxie Petrochemical Company's 300,000-ton/year dilute ethylene-to-ethylbenzene plant constructed using Sinopec SGEB's dilute ethylene-to-ethylbenzene technology successfully started up at one time.
This start-up marks the realization of Sinopec’s SGEB dilute ethylene-to-ethylbenzene complete set of technology from 120,000 tons/year to 300,000 tons/year.
-
U.S. coal production fell 28% year-on-year in May
Time of Update: 2022-02-25
It is estimated that the United States will import 12 million tons of coal throughout the year, which is basically the same as the imports in the previous two years.
-
Two-pronged approach to supply-side reform of the petrochemical industry
Time of Update: 2022-02-25
On the one hand, the industry must be driven by innovation to achieve high-end development, develop emerging fields, and create new economic growth points; on the other hand, it must optimize existing resources with intelligent manufacturing and eliminate backwards, and enhance the level of industry intensification .
-
Domestic caustic soda transactions in major mainstream markets stabilized, waiting for news guidance
Time of Update: 2022-02-24
The mainstream ex-factory price of 32% ion-exchange membrane caustic for the local chlor-alkali enterprises is reported to be 750-760 yuan/ton, and the price of 50% ion-exchange membrane caustic for the alumina plant is 2550-2600 yuan/ton (100% discount) .
-
Petrochemical energy saving and emission reduction delineated five key points, investment will reach 41 trillion in the next 15 years
Time of Update: 2022-02-24
In order to achieve this goal, during the "13th Five-Year Plan" period, five areas of work will be focused on, including accelerating the construction of a green industrial system for energy-saving, water-saving and low-carbon development, cultivating new green economic growth points, vigorously promoting cleaner production and circular economy, Full implementation of the green transformation of chemical parks and promotion of the reform of energy resources mechanism, etc.
-
Port faces storage risks, domestic methanol futures prices are easy to fall and hard to rise in the short term
Time of Update: 2022-02-24
The recent decline in methanol futures prices is mainly due to two suppressions: on the one hand, the international oil price peaked and fell at the stage, on the other hand, the number of port imports increased significantly .
-
China Petroleum's alkane dehydrogenation technology has filled the domestic gap in seven years
Time of Update: 2022-02-24
It was learned from the State Key Laboratory of Heavy Oil of China University of Petroleum (East China) that the new propane/butane dehydrogenation (ADHO) technology developed by the laboratory and designed by the East China Design Branch of China Petroleum Engineering and Construction Company was approved by Shandong Hengyuan Petroleum.
-
Three big mountains force the coking industry to "five steps"
Time of Update: 2022-02-24
"On June 21-23, at the National Coal Deep Processing and Coking Industry Green Development Seminar jointly organized by the China Coal Processing and Utilization Association and the Wuhai Municipal Government of Inner Mongolia, Cui Pijiang, President of the China Coking Industry Association, said .
-
World Bank raises crude oil price forecast this year to US$43 per barrel
Time of Update: 2022-02-24
The World Bank said in its latest quarterly report "Commodity Market Prospects" that due to the interruption of crude oil production in Canada and Nigeria, crude oil prices rebounded by 37% in the second quarter of this year.
Therefore, the World Bank forecasted this year's oil price from April to an average of US$41 per barrel.
-
The first domestic large-diameter polyethylene centrifuge was successfully developed
Time of Update: 2022-02-24
It is learned from the Jilin Machinery Branch of Northeast Refining and Chemical Engineering Company that the first domestic large-diameter polyethylene centrifuge equipment developed by this branch has passed the acceptance of the Ministry of Petroleum Science and Technology of China, and its various indicators have reached the international advanced level, marking the suspension of polyethylene raw materials.