PetroChina recently adopted a strategy to "lighten" its asset investment burden by selectively opening up its oil and gas exploration and development projects, refineries, petrochemical plants and oil and gas pipelines to investment by domestic and overseas partners.Friday, 31 May, 2013, 3:49am
Taiwanese conglomerate Far Eastern Group is eyeing the development of petrochemical plants in the United States, fuelled by cheap energy as the US exploits its shale gas reserves, company's chairman and chief executive Douglas Tong Hsu says.18 Apr 2013 - 5:33am
Jinnan is one of nine villages under the jurisdiction of Jinling Hui ethnic township in Zibo, a prefecture-level city in the centre of Shandong. Jinling Hui town is entirely located within the 22-square-kilometre Qilu Chemical Industrial Zone, according to the township government.4 Apr 2013 - 5:36am
From March 1, new coal-fired power plants and steel mills will have to meet "special limits" on emissions to gain approval from the Ministry of Environmental Protection, the ministry's China Environment News said in an online report. It did not give details.21 Feb 2013 - 6:07am
The saga of the restructuring of debt-ridden fuel trading and logistics company Titan Petrochemicals Group and its crown-jewel fuel storage unit has taken a new twist, with creditor US private equity firm Warburg Pincus forming a joint venture with Titan Petrochemicals' rival SouthernPec to bid for the storage unit.15 Aug 2012 - 11:23pm
Guangdong Zhenrong Energy, a unit of state-owned commodities trader Zhuhai Zhenrong, has offered to pay HK$175 million to take over debt-troubled fuel trading and logistics firm Titan Petrochemicals Group.
The proposed price represents a discount of about 99 per cent to the price Hong Kong-based Titan Petrochemicals shares last traded before they were suspended.15 Aug 2012 - 11:15pm
This is a chance to gain global experience with one of the world's biggest energy players.12 Apr 2008 - 12:00am
China Petroleum & Chemical Corp (Sinopec) has won central government approval to build a 14.7 billion yuan petrochemical project in Wuhan, Hebei province, the first project on such a large scale in central China.3 Apr 2007 - 12:00am
The group's principal activity is the processing of crude oil into petrochemical products for sale. Other activities include investment management; trading in, import and export of petrochemical products; import and export of equipment; and production of vinyl acetate, polypropylene compound and acrylic fibre products.26 Jun 2006 - 12:00am
Sinopec Shanghai Petrochemical - China's largest maker of ethylene, a key plastics raw material - last year boosted net profit to 916.36 million yuan (about HK$860.28 million).
It was 689 per cent better than the 116.04 million yuan in 2001.27 Mar 2003 - 12:00am