China

Jul 18th, 2017

China Reduces Imports of Crude Oil in Q3 2017

Leading Chinese refineries reduce production for the summer period. Specifically, in the third quarter, 10% of the national production capacity will be closed. This is primarily due to the growth of electricity consumption plus a large number of accumulated petroleum products. China is the leading importer of crude oil, but currently, there is a decrease in...

Jul 5th, 2017

Methanol Market Prospects For Global Producers

On 20-21 June CREON Chemicals and Methanol Market Services Asia (MMSA) held XII international conference “Methanol 2017” devoted to the problem of methanol production, advanced technologies and new projects in this area and the issues of supply and demand across the globe. Air Liquide and Agency COMMUNICATIONS were the partners of the event. Global...

Jun 28th, 2017

ChemChina and EuroChem Will Jointly Produce Propylene Oxides and Isocyanates at Russian Facility

EuroChem Group AG, a leading producer of mineral fertilisers in the globe has signed a memorandum with ChemChina, the major chemical company in China. The memorandum declares the idea of partnership and the creation of joint production of industrial products in Russia. The initiative got the name PROJECT. The parties agreed to form a technical...

Jun 12th, 2017

U.S. And Chinese Companies Will Jointly Promote the Projects on Methanol-Based Production of Olefins

Wison Engineering Ltd., Shanghai, China, a subsidiary of the Wison Engineering, starts a joint project for the production of olefins on the basis of methanol. The company signed a contract with Honeywell UOP, U. S. The companies-partners give the overseas customers the opportunity to purchase logistics, project services and technologies for the production of methanol-based...

May 16th, 2017

Chinese Chemists Can Convert Carbon Dioxide and Hydrogen into Fuels

The journal Nature Communications told about the breakthrough of Chinese scientists in fuel generating who have learned to turn carbon dioxide (CO2) and hydrogen into the hydrocarbon mixture by means of the catalyst with ferrum-based nanoparticles. Gas, oil and coal, the drivers of rapid economic and social development of the world’s civilisation within the...

Apr 18th, 2017

China Crop Protection Industry Association about Bright Prospects for National Pesticide Sector

The head of China Crop Protection Industry Association (CCPIA) expresses the optimistic forecasts regarding the market of pesticides this year. Due to low prices for crude oil and other raw materials, in 2016 the export prices for pesticides fell, and thus the volume of exports reduced. 2016 financial reports of the major players in this...