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CHINESE PETROCHEMICAL COMPANIES
Chinese independent refiners turn to Iraq, Qatar as Iranian crude supplies dwindleChinese independent refiners have turned to buying Iraqi and Qatari crude as Iranian supplies dwindle. The traders report purchases totalin...- Iraq oil exports surge, India set to benefit as Hormuz flows easeIraq's oil exports increased significantly in August and September. This rise followed wide profit margins and Iranian tanker passage appro...
- Four India-based companies engulfed in Trump's economic offensive against IranThe United States has sanctioned four Indian companies and three individuals for facilitating Iran trade. These actions place Indian busine...
- Trump will have to risk pain to make new Iran sanctions truly biteThe United States is unveiling new sanctions against Iran today. These measures aim to cripple Iran's economy by targeting its oil sales. C...
- Fast fashion is about to get caught up in HormuzAs with the toilet-paper frenzy at the start of the Covid-19 pandemic, and drivers pre-emptively filling their tanks on reports of the US-I...
- China's oil imports have plunged during the Iran war. How much will they recover?China's oil imports have significantly decreased since April. This reduction has kept global prices stable and freed up supply. Analysts ar...
- Ashish Kacholia cuts stake in two chemical stocks after 114% rally. What's driving the move?Ace investor Ashish Kacholia has reduced holdings in two chemical stocks. Yasho Industries and Fineotex Chemicals saw stake reductions by t...
- China's Commerce Ministry blocks US sanctions against five refineriesChina's Commerce Ministry has blocked U.S. sanctions on five Chinese oil refiners. These companies were accused of purchasing oil from Iran...
- West Asia War: US' new sanction on a mega Chinese refiner can shake the world’s supply chains — and it’s bigger than oilWest Asia War: United States sanctions on China's Hengli Petrochemical create new worries in West Asia. The move targets a major Chinese re...
- Chinese refiners begin run cuts as Iran war tightens oil supplyRecent turbulence in the Strait of Hormuz has led to significant operational changes among China’s major refiners. Zhejiang Petrochemical C...
- EU lists two Chinese refineries, trader Chinaoil in 19th package of Russia sanctionsThe European Union has imposed sanctions on two major Chinese oil refineries and a PetroChina trading unit. These companies are being targe...
- India to remain bright spot for petchem demand in 2025India is expected to be a significant market for petrochemicals in 2025, driven by demand from electric vehicles, solar panels, and househo...
- Russia plans to open sea terminal for LPG exports to Asia by 2025-end, sources sayRussia and China are set to open the first LPG terminal on Russia's Pacific coast by the end of 2025, facilitating LPG exports to China and...
- Saudi Aramco plans $10 billion China oil refinery complex for 2026The project in Liaoning province's city of Panjin, expected to cost $10 billion, will be Aramco's second major refining-petrochemical inves...
- U.S. issues fresh Iran sanctions, targets Chinese, UAE firmsIRAN-OIL/USA-SANCTIONS (UPDATE 1)UPDATE 1-U.S. issues fresh Iran sanctions, targets Chinese, UAE firms
- Russia approves Sinopec's participation in huge petrochemical projectThe Russian government has approved participation of China's Sinopec company in a large-scale petrochemical project, the government said in...
- India big potential market for Beijing, says top Chinese officialIn 2014, the import and export volume between Cangzhou and India stood at $130 million in the fields of petrochemical, pipe equipment.
- India among key emerging markets for Gulf firms, says studyIndia, with a growing middle class that will number around 400 mn by 2025, is one of the most important growth markets for companies from t...
- China's Sinopec reports $3.89 billion loss in first half of the yearChina's Sinopec said that its net profits for the first half of the year dropped 40.5% year-on-year to 24.5 billion yuan ($3.89 billion), t...
- PotashCorp looking for counter-offers: ReportPotash Corporation, the target of a hostile $39 bn take-over bid from BHP Billiton, is looking for counter-offers from other global firms, ...
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