May. 07, 2014News & Opinions
BASF and Chinese state-owned petrochemical giant Sinopec plan to build a new 40,000 t/y plant for neopentylglycol (NPG) at the integrated production site in Nanjing, China, operated by their 50:50 joint venture BASF-YPC.
May. 02, 2014News & Opinions
In Part 1, Stratley thoroughly reviewed the available global resources and elaborated on expected shale gas production developments in China and Europe. The main thing we learned was that the shale gas boom will remain predominantly ...
Mar. 24, 2014News & Opinions
After reporting a 35% earnings decline for the 2013 fourth quarter, Chinese oil and petrochemicals giant Sinopec said it would cut capital spending to just under $26.2 billion in this year, down from $27.4 billion last year.
Mar. 21, 2014News & Opinions
Ineos is suing Shanghai Research Institute, a subsidiary of China's largest petrochemicals producer Sinopec, in the Beijing high court for allegedly violating the Swiss-based petrochemicals giant's intellectual property rights to ...
Jan. 28, 2014News & Opinions
BASF and Sinopec have broken ground for the world-scale isonanonol (INA) plant the two groups are building at Maoming, China and scheduled for start-up in 2015. The facility, which will be operated in a 50:50 joint venture, MPCC Company ...
Jan. 09, 2014News & Opinions
ExxonMobil officially launched the world's first chemical unit that processes crude oil in Singapore, aiming to lower costs to better compete with rivals in a market saddled with excess capacity.
Dec. 16, 2013News & Opinions
In Move Toward Consumption-Led Economy, Specialty and High-End Chemical Segments Will Further ExpandA World Leader - The chemical industry in China is both a key driver and prime beneficiary of remarkable GDP growth. In the last decade, ...
Nov. 14, 2013News & Opinions
From Africa to Australia, Chinese refiners are exploring new markets to ship surplus oil products such as jet fuel and diesel, putting them on track to compete with global trading houses and refining centers such as Singapore.
Nov. 13, 2013News & Opinions
Thailand's PTT, Asia's fourth-largest oil and gas company by market value, posted a slump in quarterly profit in its core gas operations mainly due to the rising burden of sales at government-set prices.
Sep. 18, 2013News & Opinions
China's top refiner Sinopec Corp is expected to resume high-volume diesel exports after Beijing approved a quota for the company to export more than 1 million tonnes in Q4, industry sources said.
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