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Independents find lower refining margins for imported crude

Guangzhou (JLC), August 7, 2025--Shandong-based independents found lower refining margins for imported crude in early August, as crude costs climbed further and their sales revenue went lower.

08-07-2025 18:25:06

Shandong independents' run rates retreat on maintenance

Guangzhou (JLC), August 6, 2025--Shandong independent refiners' operating rates retreated in the week to August 6, mainly due to Dongming Petrochemical’s refinery overhaul.

08-06-2025 19:16:54

Shandong independents' run rates up as restarts counter maintenance

Guangzhou (JLC), July 30, 2025--Shandong independent refiners' operating rates extended rises in the week to July 30 when Haike Ruilin Chemical ratcheted up its throughput after coming back online.

07-30-2025 19:04:27

Independents' crude refining margins weaken in late July

Guangzhou (JLC), July 30, 2025--Shandong-based independents' refining margins for imported crude weakened in late July, due to higher crude costs and lower sales revenue.

07-30-2025 18:50:46

Higher capacity depresses PE market in South China

The LLDPE capacity rose significantly in South China in January-July, 2025. And the LDLEP market faces new opportunities and challenges given the present supply-demand structure.

07-30-2025 17:03:50

China’s Jun EPDM exports up but imports down on month

Shandong (JLC), July 29, 2025--According to data from the General Administration of Customs of PRC (GACC), in June, China's imports of ethylene-propylene-diene monomer (EPDM) moved down, but the expor

07-29-2025 00:00:00

Independents' refining margins for imported crude rally

Guangzhou (JLC), July 24, 2025--Shandong-based independents' refining margins for imported crude rallied modestly in mid-to-late July, boosted by a slip in crude costs.

07-24-2025 13:52:22

Shandong independents' run rates rise on more unit restarts

Guangzhou (JLC), July 23, 2025--Shandong independent refiners' operating rates extended rises in the week to July 23, mainly because of more unit restarts.

07-23-2025 19:04:25

Sinopec Hainan releases EIA reports for three projects

Guangzhou (JLC), July 23, 2025--Sinopec Hainan plans to renovate one of its jet fuel hydrogenation units, rebuild a catalytic gasoline hydrogenation unit, and optimize its aromatics complex.

07-23-2025 18:43:42

Dalong oil depot renovation project comes online in Guizhou

Guangzhou (JLC), July 18, 2025--Sinopec Guizhou (Tongren) Oil Products Company put its Dalong oil depot renovation project into operation recently, Sinopec reported on its news website on July 18.

07-18-2025 18:55:00

China PE market depressed by high supply

In January-July, 2025, the whole PE market was depressed by the high supply, and prices showed a downtrend.

07-17-2025 17:43:52

Shandong independents' crude refining margins continue to fall

Guangzhou (JLC), July 17, 2025--Shandong-based independents' refining margins for imported crude continued to fall in the middle of July, due to sliding sales revenue and climbing costs.

07-17-2025 15:13:34

Shandong independents' run rates rebound modestly

Guangzhou (JLC), July 16, 2025--Shandong independent refiners' operating rates rebounded modestly in the week to July 16, mainly as Qirun Chemical ratcheted up its throughput after restart.

07-16-2025 18:37:32

Shandong independents unload more imported feedstock in June

Guangzhou (JLC), July 11, 2025--Shandong-based independent refiners and traders unloaded more imported feedstock last month, due to multiple factors.

07-11-2025 15:05:22

China recycled plastic market keeps weak on multiple factors

07-10-2025 17:13:50

Shandong independents' crude refining margins weaken

Guangzhou (JLC), July 10, 2025--Shandong-based independents' refining margins for imported crude weakened in the week to July 9, as crude costs increased and their sales revenue slipped.

07-10-2025 11:34:00

Shandong independents' run rates retreat amid maintenance

Guangzhou (JLC), July 9, 2025--Shandong independent refiners' operating rates retreated in the week to July 9, as the maintenance of a refiner in Dongying counteracted the restart of another one.

07-09-2025 18:59:53

Independents' refining margins for imported crude widen in H1 2025

Guangzhou (JLC), July 7, 2025--Shandong-based independents' refining margins for imported crude improved in the first half (H1) of 2025, due to a relatively large decrease in feedstock costs.

07-07-2025 15:42:27

China INE crude price extends gains after bullish US jobs report

Guangzhou (JLC), July 4, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) increased further on Friday following a stronger-than-expected US jobs report for June

07-04-2025 18:45:50

Independents' refining margins for imported crude rebound sharply

Guangzhou (JLC), July 3, 2025--Shandong-based independents' refining margins for imported crude rebounded sharply in the week to July 2, driven up by a plunge in crude costs.

07-03-2025 14:45:56

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