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Sinopec to participate in constr. of world's largest green hydrogen/ammonia project

Guangzhou (JLC), August 27, 2025--Sinopec has recently signed a contract with ACWA Power to provide engineering services alongside a Spanish company for ACWA Power's construction of the world's larges

08-27-2025 19:03:31

Shandong independents' run rates rise for third straight week

Guangzhou (JLC), August 27, 2025--Shandong independent refiners' operating rates continued to grow in the week to August 27, the third gain in a row, because of unit restarts.

08-27-2025 18:56:03

PetroChina's net profit falls 5.4% in H1 2025

Guangzhou (JLC), August 27, 2025--PetroChina's net profit attributable to its equity shareholders dropped by 5.4% year on year in the first half (H1) of this year, according to the company's semi-annu

08-27-2025 15:33:13

China PET bottle chip exports rise on multiple drivers

Shandong (JLC), August 27, 2025—China’s PET bottle chip exports saw notable growth in July, driven by macro tailwinds, peak seasonal demand, and domestic supply pressure.

08-27-2025 11:47:16

China PE prices go range-bound on policy support, limited demand

China PE market is currently caught in a standoff between policy-driven optimism and lower-than-expected demand, resulting in a range-bound price movement.

08-27-2025 08:32:31

BOPET prices dip on multiple bearish factors

Shandong (JLC), August 27, 2025--China's BOPET market prices slipped in mid-August due to weak cost and soft demand.

08-27-2025 00:00:00

July sees PE imports and exports swing back up after June slump

Shandong (JLC), August 26, 2025--China imported 1.107 million mt of polyethylene (PE) in July 2025 according to the General Administration of Customs, up 15.40% month on month and down 14.79% year on

08-26-2025 17:25:57

First section of second Sichuan-East gas pipeline commissioned

Beijing (JLC), August 26, 2025--China Oil & Gas Piping Network Corporation (PipeChina) brought the first section of the second Sichuan-East natural gas pipeline into operation on August 25.

08-26-2025 16:52:17

China’s PDH unit operating rate rises further

Beijing (JLC), August 25, 2025--The overall operating rate of China’s PDH units moved up by 0.91 percentage points to 74.09% in the week ending August 21 (Thursday), JLC’s data showed.

08-25-2025 17:44:41

China's fuel prices inch lower amid expectations of lower retail ceilings

Guangzhou (JLC), August 22, 2025--China's wholesale gasoline and diesel prices inched lower in the week to August 22, due to expectations of lower fuel retail ceilings.

08-22-2025 19:00:49

Sinopec’s net profit tumbles by 39.8% in H1 2025

Guangzhou (JLC), August 22, 2025--Sinopec recorded a plunge of 39.8% in its net profit for the first half (H1) of this year, according to its semi-annual report for 2025.

08-22-2025 18:48:24

Largest gas-fired power plant in Southwest China fully operational

Beijing (JLC), August 22, 2025--The No.4 unit of China Huaneng Chongqing Liangjiang gas-fired power plant’s Phase II project wrapped up its 168-hour trial run and was officially put into operation.

08-22-2025 18:20:12

Sinopec to cut its annual crude runs in 2025

Guangzhou (JLC), August 22, 2025--Sinopec will cut its refinery crude runs in 2025, in contrast to its previous plan for an increase of about 2.70 million mt.

08-22-2025 16:57:06

Anti-involution trend reaches petrochemical industry

Shandong (JLC), August 22, 2025--A significant revolution is reportedly to be carried out in petrochemical and refining industries in China. It aims to phase out small facilities and upgrade backward

08-22-2025 09:39:35

Independents' crude refining margins continue to improve

Guangzhou (JLC), August 21, 2025--Shandong-based independents' crude refining margins continued to improve in the week to August 20, as crude costs lost more than oil product prices.

08-21-2025 16:57:24

China Jul PE exports jump on ample domestic supply

Shandong (JLC), August 21, 2025--China exported 101,700 mt of polyethylene (PE) in July 2025 according to the General Administration of Customs.

08-21-2025 16:53:44

Recycled PE market to keep flat despite coming peak season

Recycled PE market is likely to keep flat in late August, though the peak season approaches. Demand recovery remains slow, but the cost-side support is moderate, jointly leading to a market impasse.

08-21-2025 15:47:22

Macro News Benefits PE Market

China's PE market is bolstered by supportive macro policies, driving demand ahead of the peak season. The latest China-US trade agreement has injected optimism into bulk commodity markets, while const

08-21-2025 11:08:16

Shandong independents' run rates extend gains on unit restarts

Guangzhou (JLC), August 20, 2025--Shandong independent refiners' operating rates continued to rise in the week to August 20, due to more unit restarts.

08-20-2025 19:08:00

Jul PE pipe grade output sees falls, Aug output may fall further

China pipe-grade PE output was 280,941 mt in July 2025, down 22.2% month on month. It is predicted that the output of pipe-grade PE will be 233,853 mt in August.

08-20-2025 17:36:20

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