TITLE

China chemical firms lament Mideast resin

AUTHOR(S)
Toloken, Steve
PUB. DATE
July 2010
SOURCE
Plastics News;7/19/2010, Vol. 22 Issue 20, p12
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article discusses the impact of the inflow of lower-cost resin from the Middle East on the plastics market of China. It has been sated that Sinopec and PetroChina, state-owned petrochemical giants of China, are plotting strategies to upgrade their products by looking at the prospect of Middle Eastern resin flooding China. It is evident that the two Chinese firm have a commanding presence in China with more than 90% of the domestic production of polyethylene and 75% of the polypropylene.
ACCESSION #
52998375

 

Related Articles

  • China will need resin despite new capacity. Esposito, Frank // Plastics News;4/25/2005, Vol. 17 Issue 8, p9 

    This article reports that China's dependence on imported polyethylene and polypropylene is expected to continue, even as the country plans to add almost 10 billion pounds of capacity for those materials during the next three years. The Chinese market, including Sinopec Corp. and state-owned oil...

  • China Should Vigorously Develop High Carbon Plasticizer Alcohols. Wei Zhihua // China Chemical Reporter;10/ 6/2012, Vol. 23 Issue 19, p23 

    The article reports on the need for China to grow plasticizer alcohols production to meet the rising demand. It states that the country's production of butanol and octanol are centered in PetroChina Co. Ltd. and Sinopec. It says that it is likely that the use of butanol for dibutyl phthalate...

  • Resin sales and production rose in '98 but asian slump curbs export volumes. Hess, Glenn // Chemical Market Reporter;12/28/98, Vol. 254 Issue 26, p1 

    Reports on the production and sales of plastics resins in the United States, in 1998. Challenges to the market; Performance of plastics exports; Sales and captive use for thermoplastic resins; Factors affecting the performance of the market.

  • Weak First Quarter for Sinopec and PetroChina. RAMESH, DEEPTI // Chemical Week;5/7/2012, Vol. 174 Issue 13, p19 

    The article looks at the Chinese oil and gas companies Sinopec and PetroChina's decrease in operating margins as a result of a rise in the cost of oil and economic regulation for the first quarter 2012.

  • Sinopec, PetroChina chemical businesses report losses. RAMESH, DEEPTI // Chemical Week;11/24/2014, Vol. 176 Issue 29, p15 

    The article reports on the losses reported by the chemical businesses of oil and gas companies Sinopec and PetroChina for the first nine months of 2014.

  • Sinopec, PetroChina chemical units report improved results. RAMESH, DEEPTI // Chemical Week;5/4/2015, Vol. 177 Issue 13, p19 

    The article reports on the improved financial results of the chemical businesses of Sinopec and PetroChina Co. Ltd. for the first quarter of 2015.

  • Managers of Sinopec and PetroChina Maybe Change.  // China Chemical Reporter;4/26/2006, Vol. 17 Issue 12, p9 

    The article reports on market speculations that chemical companies PetroChina Company Ltd. and Sinopec Corp. may exchange senior managers in China in 2006.

  • Profits Fall at PetroChina and Sinopec Chemical Businesses. Ramesh, Deepti; Alperowicz, Natasha // Chemical Week;8/30/2010, Vol. 172 Issue 20, p16 

    The article focuses on the operating profit declines posted by the chemical businesses of PetroChina and Sinopec for the first half of 2010.

  • China overtakes US in PP consumption.  // European Chemical News;9/8/2003, Vol. 79 Issue 2067, p12 

    Focuses on a report which revealed that China has become the world's largest market for polypropylene (PP), overtaking the U.S. in 2002. Rank of China's Sinopec and PetroChina in the world; Outlook on the Chinese PP market; Chinese domestic PP production.

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics