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Items Tagged with 'sinopec'

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Sinopec drops plans for new petrochemical projects

April 30, 2014
China's largest refiner, Sinopec Corp., has shelved plans to invest in new petrochemical projects, citing growing competition from the U.S. petrochemical sector as the main deciding factor.
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Sinopec pipeline blast kills at least 35 in eastern China

November 25, 2013
An eastern Chinese pipeline operated by Sinopec Corp exploded Friday, killing at least 35 people and injuring 166 more.
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China increases paraxylene capacity

September 5, 2013
One of China's biggest refiners, Sinopec Shanghai Petrochemical, is planning to invest 20 billion yuan ($3.27 billion) in a new paraxylene project with a capacity of 1 million tons.
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China's Sinopec looks to boost petrochemical production

April 1, 2013
Global petrochemical producers are facing fierce competition from U.S. companies that have been taking advantage of the huge amounts of natural gas available from their own oil and gas fields and used as feedstock for petrochemical production.
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Sinopec takes aim at US petrochemical competition

March 25, 2013
Chinese oil and gas company Sinopec says it is striving to lower its petrochemical production costs and optimize its product mix in order to stave off competition from the U.S.
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China takes first steps into shale gas development

February 28, 2013
The vast natural resources of China are one reason why the country has become one of the fastest growing economies in the world. After focusing on utilizing coal deposits for decades, the country is now looking at ways to exploit its shale gas.
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Gulf companies invest in southeast Asia petrochemicals

February 1, 2013
Wealthy investors from the Arabian Gulf are eyeing markets in southeast Asia and investing huge sums of money in petrochemical production in the region.
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