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Independents’ refining margins for imported crude surge

Guangzhou (JLC), May 29, 2025--Shandong-based independents’ refining margins for imported crude surged in late May, as crude costs retreated and sales revenue increased.

05-29-2025 16:20:15

China PE capacity to surge in 2025

Shandong (JLC), May 29, 2025--China’s PE producers are set to commission new units with a combined capacity of 7.08 million mt/yr throughout 2025. If all these units start up as scheduled, the country

05-29-2025 14:28:51

China’s main gas pipeline network transports over 1 trillion cbm of natural gas

Shandong (JLC), May 29, 2025--China’s main natural gas pipeline network has delivered over 1 trillion cbm of natural gas since PipeChina took over the country’s oil and gas pipelines in 2020.

05-29-2025 14:06:04

PetroChina Guangdong's May asphalt output sets new high

Guangzhou (JLC), May 28, 2025--As of May 26, PetroChina Guangdong Petrochemical's 70A asphalt production in May surpassed 80,000 mt, reaching a new high, Workers' Daily reported on May 28.

05-28-2025 19:16:28

Shandong independents' run rates drop for nine weeks in a row

Guangzhou (JLC), May 28, 2025--Shandong independent refiners' operating rates extended falls in late May, the ninth week in a row, as more units came under maintenance.

05-28-2025 19:12:16

China INE crude price dips on potential OPEC+ output hike

Guangzhou (JLC), May 28, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) fell modestly on Wednesday amid expectations of another OPEC+ output hike.

05-28-2025 18:48:48

Zhongjing Petrochemical’s new PDH comes online

Beijing (JLC), May 27, 2025--Fujian Zhongjing Petrochemical’s third PDH unit, with a production capacity of 900,000 mt/yr, was put into operation on May 15.

05-28-2025 18:18:59

Sinopec Qilu raises Shengli crude processing ratio, jet fuel output

Guangzhou (JLC), May 28, 2025--Sinopec Qilu Petrochemical increased the processing ratio of Shengli crude and the production of jet fuel and petroleum coke, in an effort to cut costs and amplify margi

05-28-2025 15:21:05

PetroChina Dalian makes new progress with relocation project

Guangzhou (JLC), May 27, 2025--PetroChina Dalian Petrochemical is pushing ahead with its relocation project, with a new notice regarding the phase I construction released.

05-27-2025 19:06:31

PetroChina International supplies LNG to Philippines for first time

Guangzhou (JLC), May 26, 2025--PetroChina International (Singapore) delivered a batch of liquefied natural gas (LNG) to the Philippines for the first time on May 22, the company said.

05-26-2025 18:18:30

China INE crude slips on possibility of another OPEC+ output hike

Guangzhou (JLC), May 23, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) fell further on Friday amid the possibility that OPEC+ will accelerate production incr

05-23-2025 18:29:56

PetroChina Guangxi to complete upgrade project by end of June

Guangzhou (JLC), May 22, 2025--PetroChina Guangxi Petrochemical plans to complete the construction of its refining-chemical integration and upgrade project by the end of June 2025.

05-22-2025 18:27:30

LLDPE output to retreat on more maintenance

05-22-2025 17:32:25

Independents’ crude refining margins continue to plunge

Guangzhou (JLC), May 22, 2025--Shandong-based independents’ crude refining margins continued to plunge in the week to May 21, due to higher crude costs and slightly lower sales revenue.

05-22-2025 15:04:27

Shandong independents' run rates drop for eight weeks in a row

Guangzhou (JLC), May 21, 2025--Shandong independent refiners' operating rates dropped again in the week ending May 21, the eighth week in a row, due to more unit maintenance.

05-21-2025 18:00:27

China’s Apr PE exports drop on month

Shandong (JLC), May 21, 2025--China’a exports of PE was 93,300 mt in April 2025, a month-on-month decrease of 14,900 mt and a year-on-year increase of 2,600 mt.

05-21-2025 16:37:00

ABS prices expected to retreat after brief rally

Shandong (JLC), May 21, 2025--ABS prices are expected to experience a temporary mild decline before a pullback to previous low levels.

05-21-2025 14:55:31

China’s SBS unit operating rate down in Apr

Shandong (JLC), May 21, 2025—In April, the operating rate of SBS producers was 58.89%, down 5.08% month on month but up 17.43% year on year.

05-21-2025 10:54:00

China INE crude price up as prospects of US-Iran nuclear deal weakens

Guangzhou (JLC), May 20, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) climbed on Tuesday as the United States and Iran are still disputing the “red line” of

05-20-2025 18:57:15

CPE market goes range-bound on sluggish demand

Shandong (JLC), May 20, 2025—In May, China’s chlorinated polyethylene (CPE) market moved relatively stable on the whole. But the transaction atmosphere remained bleak, weighed by lackluster downstream

05-20-2025 16:40:47

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